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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (Unaudited) - USD ($)
$ in Millions
Total
Common Shares ($1 par value)
Paid-In Capital
Retained (Deficit) Earnings
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interest
Beginning balance at Dec. 31, 2021 $ 56 $ 241 $ 0 $ (652) $ 232 $ 235
Increase (Decrease) in Stockholders' Equity            
Total comprehensive income (loss) 242     233 (6) 15
Shares issued 1 1        
Shares retired:            
Repurchased (364) (6) (27) (331)    
Surrendered (non-cash) (17)     (17)    
Cash dividends declared (67)     (67)    
Redeemable noncontrolling interest - redemption adjustment 1     1    
Stock-based compensation 27   27      
Ending balance at Mar. 31, 2022 (121) 236 0 (833) 226 250
Beginning balance at Dec. 31, 2021 56 241 0 (652) 232 235
Increase (Decrease) in Stockholders' Equity            
Total comprehensive income (loss) 662          
Shares retired:            
Redeemable noncontrolling interest - redemption adjustment 2          
Ending balance at Sep. 30, 2022 (436) 225 15 (998) 141 181
Beginning balance at Mar. 31, 2022 (121) 236 0 (833) 226 250
Increase (Decrease) in Stockholders' Equity            
Total comprehensive income (loss) 240     278 (46) 8
Shares retired:            
Repurchased (550) (11) (5) (534)    
Cash dividends declared (64)     (64)    
Dividends declared to noncontrolling interest (79)         (79)
Redeemable noncontrolling interest - redemption adjustment (1)     (1)    
Stock-based compensation 12   12      
Ending balance at Jun. 30, 2022 (563) 225 7 (1,154) 180 179
Increase (Decrease) in Stockholders' Equity            
Total comprehensive income (loss) 180          
Total comprehensive income (loss) 181     218 (39) 2
Shares retired:            
Cash dividends declared (64)     (64)    
Redeemable noncontrolling interest - redemption adjustment 2     2    
Stock-based compensation 8   8      
Ending balance at Sep. 30, 2022 (436) 225 15 (998) 141 181
Beginning balance at Dec. 31, 2022 (262) 225 16 (947) 226 218
Increase (Decrease) in Stockholders' Equity            
Total comprehensive income (loss) 243     205 17 21
Shares issued 6 1 5      
Shares retired:            
Repurchased (56) (1) (32) (23)    
Surrendered (non-cash) (17)     (17)    
Cash dividends declared (65)     (65)    
Stock-based compensation 11   11      
Ending balance at Mar. 31, 2023 (140) 225 0 (847) 243 239
Beginning balance at Dec. 31, 2022 (262) 225 16 (947) 226 218
Increase (Decrease) in Stockholders' Equity            
Total comprehensive income (loss) 750          
Shares retired:            
Redeemable noncontrolling interest - redemption adjustment 0          
Ending balance at Sep. 30, 2023 148 224 4 (507) 223 204
Beginning balance at Mar. 31, 2023 (140) 225 0 (847) 243 239
Increase (Decrease) in Stockholders' Equity            
Total comprehensive income (loss) 270     263 (2) 9
Shares issued 11 1 10      
Shares retired:            
Repurchased (25) (1) (1) (23)    
Cash dividends declared (64)     (64)    
Dividends declared to noncontrolling interest (49)         (49)
Stock-based compensation 4   4      
Ending balance at Jun. 30, 2023 7 225 13 (671) 241 199
Increase (Decrease) in Stockholders' Equity            
Total comprehensive income (loss) 236     249 (18) 5
Shares issued 9   9      
Shares retired:            
Repurchased (45) (1) (23) (21)    
Cash dividends declared (64)     (64)    
Redeemable noncontrolling interest - redemption adjustment 0          
Stock-based compensation 5   5      
Ending balance at Sep. 30, 2023 $ 148 $ 224 $ 4 $ (507) $ 223 $ 204