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CONSOLIDATED INTERIM STATEMENTS OF EQUITY (DEFICIT) (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
Total
Series A Preferred Stock
Common Stock
Additional Paid-in Capital
Retained Deficit
Accumulated Other Comprehensive (Loss)/Income
Beginning balance (in shares) at Dec. 31, 2020   0 76      
Beginning balance at Dec. 31, 2020 $ (2,308) $ 0 $ 0 $ 28 $ (2,207) $ (129)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income (105)       (105)  
Other comprehensive income (loss), net of tax 111         111
Stock-based compensation 2     2    
Ending balance (in shares) at Mar. 31, 2021   0 76      
Ending balance at Mar. 31, 2021 (2,300) $ 0 $ 0 30 (2,312) (18)
Beginning balance (in shares) at Dec. 31, 2020   0 76      
Beginning balance at Dec. 31, 2020 (2,308) $ 0 $ 0 28 (2,207) (129)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income 367          
Other comprehensive income (loss), net of tax 71          
Ending balance (in shares) at Sep. 30, 2021   248 65      
Ending balance at Sep. 30, 2021 (633) $ 0 $ 0 1,334 (1,909) (58)
Beginning balance (in shares) at Mar. 31, 2021   0 76      
Beginning balance at Mar. 31, 2021 (2,300) $ 0 $ 0 30 (2,312) (18)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income 409       409  
Cash-out election (in shares)     (11)      
Cash-out election (69)       (69)  
Issuance of Series A Preferred Stock (in shares)   248        
Issuance of Series A Preferred Stock 1,301     1,301    
Other comprehensive income (loss), net of tax (48)         (48)
Stock-based compensation 1     1    
Ending balance (in shares) at Jun. 30, 2021   248 65      
Ending balance at Jun. 30, 2021 (706) $ 0 $ 0 1,332 (1,972) (66)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income 63       63  
Other comprehensive income (loss), net of tax 8         8
Stock-based compensation 2     2    
Ending balance (in shares) at Sep. 30, 2021   248 65      
Ending balance at Sep. 30, 2021 (633) $ 0 $ 0 1,334 (1,909) (58)
Beginning balance (in shares) at Dec. 31, 2021   246 64      
Beginning balance at Dec. 31, 2021 (468) $ 0 $ 0 1,326 (1,790) (4)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income 88       88  
Share repurchases (2)     (1) (1)  
Other comprehensive income (loss), net of tax 23         23
Stock-based compensation 2     2    
Ending balance (in shares) at Mar. 31, 2022   246 64      
Ending balance at Mar. 31, 2022 (357) $ 0 $ 0 1,327 (1,703) 19
Beginning balance (in shares) at Dec. 31, 2021   246 64      
Beginning balance at Dec. 31, 2021 (468) $ 0 $ 0 1,326 (1,790) (4)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income 278          
Other comprehensive income (loss), net of tax 126          
Ending balance (in shares) at Sep. 30, 2022   246 64      
Ending balance at Sep. 30, 2022 (102) $ 0 $ 0 1,331 (1,555) 122
Beginning balance (in shares) at Mar. 31, 2022   246 64      
Beginning balance at Mar. 31, 2022 (357) $ 0 $ 0 1,327 (1,703) 19
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income 85       85  
Share repurchases (1)     (1)    
Other comprehensive income (loss), net of tax 39         39
Stock-based compensation 3     3    
Ending balance (in shares) at Jun. 30, 2022   246 64      
Ending balance at Jun. 30, 2022 (231) $ 0 $ 0 1,329 (1,618) 58
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income 105       105  
Share repurchases (1)     (1)    
Other comprehensive income (loss), net of tax 64         64
Dividends declared (42)       (42)  
Stock-based compensation 3     3    
Ending balance (in shares) at Sep. 30, 2022   246 64      
Ending balance at Sep. 30, 2022 $ (102) $ 0 $ 0 $ 1,331 $ (1,555) $ 122