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CONSOLIDATED AND COMBINED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Common Stock
Paid-In Capital
Retained Earnings
Accumulated  Other Comprehensive
Loss
Treasury Stock, Common
Beginning balance (in shares) at Dec. 31, 2021   44,000,000        
Balance at beginning of period at Dec. 31, 2021 $ 182 $ 44 $ 4 $ 1,935 $ (1,801) $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Disposal of business 375       375  
Stock-based employee compensation 19   21     (2)
Share repurchase (80)         (80)
Dividends, Common Stock (21)     (21)    
Change in equity related to the spin-off (3)     (3)    
Comprehensive income (loss) 206     118 88  
Ending balance (in shares) at Dec. 31, 2022   44,000,000        
Balance at end of period at Dec. 31, 2022 $ 678 $ 44 25 2,029 (1,338) (82)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Common Stock, Dividends, Per Share, Declared $ 0.4750          
Stock-based employee compensation $ 19 $ 1 23     (5)
Stock Issued During Period, Shares, New Issues   1,000,000        
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 (1,256) (158)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Common Stock, Dividends, Per Share, Declared $ 1.4000          
Stock-based employee compensation $ 15 $ 0 23     (8)
Stock Issued During Period, Shares, New Issues   0        
Share repurchase (68)         (68)
Dividends, Common Stock (69)     (69)    
Comprehensive income (loss) $ 68     302 (234)  
Ending balance (in shares) at Dec. 31, 2024 40,600,000 45,000,000        
Balance at end of period at Dec. 31, 2024 $ 847 $ 45 $ 71 $ 2,455 $ (1,490) $ (234)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Common Stock, Dividends, Per Share, Declared $ 1.6500