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Equity (Notes)
6 Months Ended
Jun. 30, 2020
Equity [Abstract]  
Equity SHAREHOLDERS’ EQUITY
The activity in equity during the three and six-month periods ended June 30, 2020 and 2019 was as follows (dollars in millions, except per share amounts):
Common StockAccumulated
Other
Comprehensive
Loss
Retained
Earnings
SharesAmountTotal
Balances as of December 31, 201989,387,124  $1,220  $(10) $1,381  $2,591  
Issuances of shares pursuant to equity-based plans77,397  —  —  —  —  
Other comprehensive income—  —   —   
Dividends declared ($0.3850 per share)
—  —  —  (35) (35) 
Net income—  —  —  81  81  
Balances as of March 31, 202089,464,521  1,220  (9) 1,427  2,638  
Issuances of shares pursuant to equity-based plans42,430   —  —   
Stock-based compensation—   —  —   
Dividends declared ($0.3850 per share)
—  —  —  (35) (35) 
Net income—  —  —  39  39  
Balances as of June 30, 202089,506,951  $1,224  $(9) $1,431  $2,646  
Balances as of December 31, 201889,267,959  $1,212  $(7) $1,301  $2,506  
Issuances of shares pursuant to equity-based plans88,352  —  —  —  —  
Other comprehensive income—  —   —   
Dividends declared ($0.3625 per share)
—  —  —  (32) (32) 
Net income—  —  —  73  73  
Reclassification of stranded tax effects due to Tax Reform—  —  (2)  —  
Balances as of March 31, 201989,356,311  1,212  (8) 1,344  2,548  
Issuances of shares pursuant to equity-based plans15,249   —  —   
Stock-based compensation—   —  —   
Other comprehensive income—  —   —   
Dividends declared ($0.3850 per share)
—  —  —  (35) (35) 
Net income—  —  —  25  25  
Balances as of June 30, 201989,371,560  $1,215  $(7) $1,334  $2,542