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STOCKHOLDERS' EQUITY (Tables)
12 Months Ended
Dec. 31, 2018
Accumulated Other Comprehensive Income Loss [Line Items]  
Changes in the Number of Shares Outstanding and Treasury Shares Held by the Company

Shares Outstanding and Treasury SharesThe changes in the number of shares outstanding and treasury shares held by us are as follows (in millions):

 

 

 

Year ended December 31,

 

 

 

2018

 

 

2017

 

Shares outstanding

 

 

 

 

 

 

 

 

Beginning balance

 

 

95

 

 

 

80

 

Common stock issued

 

 

2

 

 

 

15

 

Shares issued in the Combination (Note 3, Business Combination)

 

 

85

 

 

 

-

 

Purchase of common stock

 

 

(1

)

 

 

-

 

Ending balance

 

 

181

 

 

 

95

 

 

 

 

 

 

 

 

 

 

Shares held as Treasury shares

 

 

 

 

 

 

 

 

Beginning balance

 

 

3

 

 

 

3

 

Purchase of common stock

 

 

1

 

 

 

-

 

Retirement of common stock

 

 

(1

)

 

 

-

 

Ending balance

 

 

3

 

 

 

3

 

 

 

 

 

 

 

 

 

 

Ordinary shares issued at the end of the period

 

 

183

 

 

 

98

 

Components of Accumulated Other Comprehensive Income (Loss) Included in Stockholders' Equity The components of AOCI included in stockholders’ equity are as follows:

 

 

December 31,

 

 

 

2018

 

 

2017

 

 

 

(In millions)

 

Foreign currency translation adjustments ("CTA")

 

$

(73

)

 

$

(49

)

Net unrealized loss on derivative financial instruments

 

 

(40

)

 

 

(2

)

Defined benefit pension and other postretirement plans

 

 

6

 

 

 

 

 

Accumulated other comprehensive loss

 

$

(107

)

 

$

(51

)

 

Reclassifications [Member]  
Accumulated Other Comprehensive Income Loss [Line Items]  
Components of Accumulated Other Comprehensive Income (Loss) Included in Stockholders' Equity

The following table presents the components of AOCI and the amounts that were reclassified during the periods indicated:

 

 

 

Foreign currency translation adjustments

 

 

Net unrealized loss on derivative financial instruments (1)

 

 

Defined benefit pension and other postretirement plans

 

 

TOTAL

 

 

 

(In millions)

 

January 1, 2017

 

$

(42

)

 

$

(25

)

 

$

-

 

 

$

(67

)

Other comprehensive income before reclassification

 

 

(1

)

 

 

16

 

 

 

-

 

 

 

15

 

Acquisition of NCI

 

 

-

 

 

 

2

 

 

 

-

 

 

 

2

 

Amounts reclassified from AOCI (2)

 

 

(6

)

 

 

5

 

 

 

-

 

 

 

(1

)

Net current period other comprehensive income

 

 

(7

)

 

 

23

 

 

 

-

 

 

 

16

 

December 31, 2017

 

$

(49

)

 

$

(2

)

 

$

-

 

 

$

(51

)

Other comprehensive income before reclassification

 

 

(24

)

 

 

(46

)

 

 

6

 

 

 

(64

)

Amounts reclassified from AOCI (2)

 

 

-

 

 

 

8

 

 

 

-

 

 

 

8

 

Net current period other comprehensive income

 

 

(24

)

 

 

(38

)

 

 

6

 

 

 

(56

)

December 31, 2018

 

$

(73

)

 

$

(40

)

 

$

6

 

 

$

(107

)

 

(1)

Refer to Note 17, Derivative Financial Instruments, for additional details.

(2)

Amounts are net of tax, which was not material in 2018 and 2017.