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CONSOLIDATED STATEMENT OF EQUITY - USD ($)
$ in Millions
Common Stock and Additional Paid-In Capital
Net Parent Investment
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Accumulated Deficit
Non-Controlling Interests
Total
Balance at the beginning of the period at Dec. 31, 2020   $ 6,023 $ (1,096)     $ 58 $ 4,985
Equity              
Net income (loss)   (494)         (494)
Other comprehensive income (loss), net of tax     (86)       (86)
Net transfers from Parent   498         498
Changes in non-controlling interests           (1) (1)
Balance at the end of the period at Mar. 31, 2021   $ 6,027 (1,182)     57 4,902
Balance at the beginning of the period at Dec. 31, 2021 $ 4,284   (1,143) $ (1) $ (375) 3 2,767
Balance at the beginning of the period (in shares) at Dec. 31, 2021 224.2            
Equity              
Net income (loss)         (229)   (229)
Other comprehensive income (loss), net of tax     54       54
Common stock issued under employee plans $ 31           31
Common stock issued under employee plans ( in shares) 0.5            
Purchases of treasury stock       (3)     (3)
Purchases of treasury stock ( in shares) (0.2)            
Changes in non-controlling interests           91 91
Balance at the end of the period at Mar. 31, 2022 $ 4,315   $ (1,089) $ (4) $ (605) $ 94 $ 2,711
Balance at the end of the period (in shares) at Mar. 31, 2022 224.5