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CONSOLIDATED AND COMBINED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Common Stock
Paid-In Capital
Retained Earnings
Parent Company
Investment
Accumulated  Other Comprehensive
Loss
Treasury Stock, Common
Treasury Stock, Common
Treasury Stock, Common
Beginning balance (in shares) at Dec. 31, 2020   0            
Balance at beginning of period at Dec. 31, 2020 $ 2,112 $ 0 $ 0 $ 0 $ 3,592 $ (1,480) $ 0  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net transfers (to) from Parent (567)       (424) (143)    
Special payment to Parent (1,520)       (1,520)      
Reclassification of Parent company investment       1,917 (1,917)      
Stock Issued During Period, Shares, New Issues   44,000,000            
Stock Issued During Period, Value, New Issues   $ (44)   (44)        
Stock-based employee compensation 4   4          
Comprehensive income (loss) 153     62 269 (178)    
Ending balance (in shares) at Dec. 31, 2021   44,000,000            
Balance at end of period at Dec. 31, 2021 182 $ 44 4 1,935 0 (1,801) 0  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Stock-based employee compensation 19   21       (2)  
Disposal of business 375         375    
Share repurchase (80)             $ (80)
Dividends, Common Stock (21)     (21)        
Change in equity related to the spin-off (3)     (3)        
Comprehensive income (loss) $ 206     118 0 88    
Ending balance (in shares) at Dec. 31, 2022 42,600,000 44,000,000            
Balance at end of period at Dec. 31, 2022 $ 678 $ 44 25 2,029 0 (1,338) (82)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Common Stock, Dividends, Per Share, Declared $ 0.4750              
Stock Issued During Period, Shares, New Issues   1,000,000            
Stock-based employee compensation $ 19 $ 1 23       (5)  
Share repurchase (71)             $ (71)
Dividends, Common Stock (60)     (60)        
Comprehensive income (loss) $ 335     253   82    
Ending balance (in shares) at Dec. 31, 2023 41,200,000 45,000,000            
Balance at end of period at Dec. 31, 2023 $ 901 $ 45 $ 48 $ 2,222 $ 0 $ (1,256) $ (158)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Common Stock, Dividends, Per Share, Declared $ 1.4000