EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Schedule of Reconciliation of Income (Numerator) and Shares (Denominator) Used in Computation of Diluted Earnings Per Share

The following table reconciles income (numerator) and shares (denominator) used in our computations of basic and diluted earnings per share for the periods presented (in millions, except share amounts which are reflected in thousands):

	Three Months Ended   March 31,
	2024		2023
Income (Numerator)
Net income	$	25	$	193
Net loss attributable to the redeemable noncontrolling interests	—		4
Net income attributable to the noncontrolling interests	(2)		(12)
Numerator for basic and diluted earnings per common share available to common shareholders	$	23	$	185
Shares (Denominator)
Basic weighted-average common shares outstanding	64,156		69,744
Dilutive effect of stock-settled appreciation rights and outstanding stock options	247		120
Diluted weighted-average common and common equivalent shares outstanding	64,403		69,864

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following table shows the weighted-average stock-settled appreciation rights and outstanding stock options (in thousands) that are excluded from the calculation of diluted earnings per common share as the inclusion of such shares would be anti-dilutive:

	Three Months Ended   March 31,
	2024	2023
Weighted-average stock-settled appreciation rights and outstanding stock options excluded	5,120	3,645