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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Millions
Total
Cumulative Effect, Period of Adoption, Adjustment
Preferred Stock
Common Stock
Additional Paid-In Capital
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Other Comprehensive Loss
Beginning balance at Dec. 31, 2019 $ 2,476 $ (5) $ 0 $ 26 $ 1,108 $ 2,178 $ (5) $ (836)
Beginning balance (in shares) at Dec. 31, 2019       53,278,000        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Comprehensive income (loss) (103)         (122)   19
Common stock dividends declared and paid (121)         (121)    
Common stock issued under employee stock option and stock purchase plans and other (in shares)       1,091,000        
Common stock issued under employee stock award and stock purchase plans and other 8     $ 1 7      
Common stock repurchases ( in shares)       (637,000)        
Common stock repurchases (29)       (12) (17)    
Share-based compensation 30       30      
Ending balance at Dec. 31, 2020 2,256   0 $ 27 1,133 1,913   (817)
Ending balance (in shares) at Dec. 31, 2020       53,732,000        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Comprehensive income (loss) 647         519   128
Common stock dividends declared and paid (125)         (125)    
Common stock issued under employee stock option and stock purchase plans and other (in shares)       792,000        
Common stock issued under employee stock award and stock purchase plans and other 30       30      
Common stock repurchases ( in shares)       (735,000)        
Common stock repurchases (57)       (16) (41)    
Share-based compensation 47       47      
Ending balance at Dec. 31, 2021 $ 2,798   0 $ 27 1,194 2,266   (689)
Ending balance (in shares) at Dec. 31, 2021 53,789,036     53,789,000        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Comprehensive income (loss) $ 760         867   (107)
Common stock dividends declared and paid (124)         (124)    
Common stock issued under employee stock option and stock purchase plans and other (in shares) [1]       (549,000)        
Common stock issued under employee stock award and stock purchase plans and other [1] 14       14      
Common stock repurchases ( in shares)       (6,953,000)        
Common stock repurchases (557)     $ (4) (62) (491)    
Share-based compensation 46       46      
Ending balance at Dec. 31, 2022 $ 2,937   $ 0 $ 23 $ 1,192 $ 2,518   $ (796)
Ending balance (in shares) at Dec. 31, 2022 46,286,664     46,287,000        
[1] We reversed the issuance of approximately 1.3 million unvested restricted shares that were administratively recorded as issued, but not released. These shares will be issued and released upon satisfaction of the applicable vesting conditions. The reversal of the shares did not impact earnings per share.