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CONSOLIDATED AND COMBINED STATEMENTS OF EQUITY (DEFICIT) - USD ($)
shares in Millions, $ in Millions
Total
Cumulative-Effect Adjustment
Before Spin-Off
After Spin-Off
Common Stock
Additional Paid-in Capital
Retained Earnings
Retained Earnings
Cumulative-Effect Adjustment
Retained Earnings
After Spin-Off
Invested Deficit
Invested Deficit
Before Spin-Off
Other Comprehensive Income/(loss)
Beginning balance at Dec. 31, 2017 $ (2,195)                 $ (2,433)   $ 238
Net income 1,206   $ 1,137 $ 69         $ 69   $ 1,137  
Other comprehensive income, net of tax (165)                     (165)
Change in Invested deficit (1,168)                 (1,168)    
Spin-Off related adjustments (200)                 (200)    
Issuance of common stock and reclassification of invested deficit             $ (2,664)     $ 2,664    
Issuance of common stock and reclassification of invested deficit, Shares         74              
Stock-based compensation 5         $ 5            
Ending balance at Dec. 31, 2018 (2,517)         5 (2,595)         73
Ending balance, Shares at Dec. 31, 2018         74              
Net income 313           313          
Other comprehensive income, net of tax 57                     57
Stock-based compensation 18         18            
Stock based compensation, Shares         1              
Tax withholding related to vesting of restricted stock units and other (4)         (4)            
Ending balance at Dec. 31, 2019 (2,133) $ (5)       19 (2,282) $ (5)       130
Ending balance, Shares at Dec. 31, 2019         75              
Net income 80           80          
Other comprehensive income, net of tax (259)                     (259)
Stock-based compensation 10         10            
Stock based compensation, Shares         1              
Tax withholding related to vesting of restricted stock units and other (1)         (1)            
Accounting Standards Update Extensible List   us-gaap:AccountingStandardsUpdate201613Member           us-gaap:AccountingStandardsUpdate201613Member        
Ending balance at Dec. 31, 2020 $ (2,308)         $ 28 $ (2,207)         $ (129)
Ending balance, Shares at Dec. 31, 2020         76