Stockholders' Equity (Tables)

6 Months Ended

Jun. 30, 2019

Stockholders' Equity [Abstract]

Summary of Share Repurchase Activity

Summary of share repurchase activity under the repurchase program:
	Three Months Ended				Six Months Ended
	June 30,		June 30,		June 30,		June 30,
	2019		2018		2019		2018
Number of shares acquired on the open market		1,372,084		1,144,379		3,130,621		2,871,204
Average price per share	$	18.24	$	17.39	$	15.99	$	17.39
Total cost of acquired shares (in millions)	$	25	$	20	$	50	$	50

Accumulated Other Comprehensive Loss in Accompanying Consolidated Balance Sheets

	June 30,		December 31,
	2019		2018
Foreign currency translation adjustments	$	(224)	$	(229)
Hedge accounting adjustments		(8)		(2)
Pension related adjustments		(1)		(1)
Accumulated other comprehensive loss	$	(233)	$	(232)

Earnings Per Share

	Three Months Ended				Six Months Ended
	June 30,		June 30,		June 30,		June 30,
	2019		2018		2019		2018
Net income	$	24	$	22	$	42	$	40
Less: Dividends on Series A Preferred Stock		6		6		12		12
Net income attributable to common stockholders	$	18	$	16	$	30	$	28
Weighted average basic shares outstanding		83.2		90.1		83.8		90.7
Effect of dilutive securities		0.7		1.5		0.9		2.0
Weighted average diluted shares outstanding		83.9		91.6		84.7		92.7
Net income per share:
Basic	$	0.22	$	0.18	$	0.36	$	0.31
Diluted	$	0.21	$	0.17	$	0.35	$	0.30