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Equity (Tables)
 12 Months Ended
Dec. 31, 2023
Equity [Abstract]  
Schedule of Dividends The following table summarizes our dividend payments in the 2023, 2022 and 2021 Successor Periods:
BaseVariableRate Per ShareTotal
2023:
First Quarter$0.55 $0.74 $1.29 $175 
Second Quarter$0.55 $0.63 $1.18 $160 
Third Quarter$0.575 $— $0.575 $77 
Fourth Quarter$0.575 $— $0.575 $75 
2022:
First Quarter$0.4375 $1.33 $1.7675 $210 
Second Quarter$0.50 $1.84 $2.34 $298 
Third Quarter$0.55 $1.77 $2.32 $280 
Fourth Quarter$0.55 $2.61 $3.16 $424 
2021:
Second Quarter$0.34375 $— $0.34375 $34 
Third Quarter$0.34375 $— $0.34375 $33 
Fourth Quarter$0.4375 $— $0.4375 $52 
Schedule of Share Repurchase Program
The table below presents the shares purchased under our share repurchase program.
Shares Purchased (thousands)Dollar Value of Shares PurchasedAverage Price Per Share
2022
First Quarter1,000$83 $82.98 
Second Quarter5,812$515 $88.67 
Third Quarter750$69 $92.14 
Fourth Quarter4,105$406 $98.90 
2023
First Quarter793$60 $74.95 
Second Quarter1,444$115 $78.77 
Third Quarter1,509$130 $86.16 
Fourth Quarter627$52 $82.03 
Total to date16,040$1,430 
Schedule of Warrants
Warrants
Class A WarrantsClass B Warrants
Class C Warrants(a)
Outstanding as of February 10, 202111,111,111 12,345,679 9,768,527 
Converted into New Common Stock(254,259)(32,406)(10,603)
Issued for General Unsecured Claims— — 1,630,447 
Outstanding as of December 31, 202110,856,852 12,313,273 11,388,371 
Converted into New Common Stock(b)
(1,609,641)(29,679)(959,247)
Converted in warrant exchange offer(b)
(4,752,207)(7,879,030)(7,252,004)
Issued for General Unsecured Claims— — 829,109 
Outstanding as of December 31, 20224,495,004 4,404,564 4,006,229 
Converted into New Common Stock(b)
(247,389)(1,500)(5,581)
Issued for General Unsecured Claims— — 22,835 
Outstanding as of December 31, 20234,247,615 4,403,064 4,023,483 
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(a)As of December 31, 2023, we had 1,466,502 of reserved Class C Warrants.
(b)During the 2023 Successor Period, we issued 221,952 common shares as a result of Warrant exercises. During the 2022 Successor Period, we issued 18,408,228 common shares as a result of Warrant exercises, inclusive of the shares issued as part of the Warrant exchange offers described below.