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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
Common Stock
Non-Controlling Interests
Total
Balance at the beginning of the period at Mar. 31, 2021   $ 6,027 $ (1,182)       $ 57 $ 4,902
Equity                
Net income (loss)   (1,434)     $ (375)     (1,810)
Other comprehensive income (loss), net of tax     375         375
Common stock issued under employee plans $ 13             13
Common stock issued under employee plans (in shares)           100,000    
Purchases of treasury stock       $ (1)       (1)
Purchases of treasury stock (in shares)           0.0    
Changes in non-controlling interests             (55) (55)
Issuance of common stock and reclassification of net transfers from Parent 4,271 (4,593) (338)         (660)
Issuance of common stock and reclassification of net transfers from parent (in shares)           224,100,000    
Balance at the end of the period at Dec. 31, 2021 $ 4,284   (1,143) (1) (375)   3 2,767
Balance at the end of the period (in shares) at Dec. 31, 2021 224,200,000         224.2    
Balance at the beginning of the period at Sep. 30, 2021   7,102 (1,614)       51 5,539
Equity                
Net income (loss)   (355)     (375)     (731)
Other comprehensive income (loss), net of tax     470         470
Common stock issued under employee plans $ 13             13
Common stock issued under employee plans (in shares) 100,000              
Purchases of treasury stock       (1)       (1)
Purchases of treasury stock (in shares) 0.0              
Changes in non-controlling interests             (49) (49)
Issuance of common stock and reclassification of net transfers from Parent $ 4,271 $ (6,747)           (2,476)
Issuance of common stock and reclassification of net transfers from parent (in shares) 224,100,000              
Balance at the end of the period at Dec. 31, 2021 $ 4,284   (1,143) (1) (375)   3 2,767
Balance at the end of the period (in shares) at Dec. 31, 2021 224,200,000         224.2    
Balance at the beginning of the period at Mar. 31, 2022 $ 4,315   (1,089) (4) (605)   94 2,711
Balance at the beginning of the period (in shares) at Mar. 31, 2022 224,500,000              
Equity                
Net income (loss)         (637)     (637)
Other comprehensive income (loss), net of tax     (214)         (214)
Common stock issued under employee plans $ 81             81
Common stock issued under employee plans (in shares) 4,500,000              
Purchases of treasury stock       (17)       (17)
Purchases of treasury stock (in shares) (1,500,000)              
Changes in non-controlling interests             5 5
Balance at the end of the period at Dec. 31, 2022 $ 4,397   (1,303) (21) (1,241)   99 1,930
Balance at the end of the period (in shares) at Dec. 31, 2022 227,500,000              
Balance at the beginning of the period at Sep. 30, 2022 $ 4,370   (1,567) (17) (1,136)   96 1,746
Balance at the beginning of the period (in shares) at Sep. 30, 2022 226,800,000              
Equity                
Net income (loss)         (106)     (106)
Other comprehensive income (loss), net of tax     265         265
Common stock issued under employee plans $ 27             27
Common stock issued under employee plans (in shares) 1,100,000              
Purchases of treasury stock       (4)       (4)
Purchases of treasury stock (in shares) (400,000)              
Changes in non-controlling interests             2 2
Balance at the end of the period at Dec. 31, 2022 $ 4,397   $ (1,303) $ (21) $ (1,241)   $ 99 $ 1,930
Balance at the end of the period (in shares) at Dec. 31, 2022 227,500,000