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CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Millions
Total
Preferred Stock
Common Stock
Additional Paid-In Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Beginning balance at Dec. 31, 2021 $ 2,798 $ 0 $ 27 $ 1,194 $ 2,266 $ (689)
Beginning balance (in shares) at Dec. 31, 2021     53,789,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Comprehensive income 578       661 (83)
Common stock dividends declared (93)       (93)  
Common stock issued/ purchased under employee stock award and stock purchase plans and other (in shares) [1]     490,000      
Common stock issued/ purchased under employee stock award and stock purchase plans and other [1] (6)     (6)    
Common stock repurchases (in shares)     (4,028,000)      
Common stock repurchases (300)   $ (2) 5 (303)  
Share-based compensation 34     34    
Ending balance (in shares) at Sep. 30, 2022     50,251,000      
Ending balance at Sep. 30, 2022 3,011 0 $ 25 1,227 2,531 (772)
Beginning balance at Jun. 30, 2022 2,833 0 $ 26 1,149 2,380 (722)
Beginning balance (in shares) at Jun. 30, 2022     51,195,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Comprehensive income 196       246 (50)
Common stock dividends declared (32)       (32)  
Common stock issued/ purchased under employee stock award and stock purchase plans and other (in shares) [2]     32,000      
Common stock issued/ purchased under employee stock award and stock purchase plans and other [2] 3   $ (1) 4    
Common stock repurchases (in shares)     (976,000)      
Common stock repurchases 0     63 (63)  
Share-based compensation 11     11    
Ending balance (in shares) at Sep. 30, 2022     50,251,000      
Ending balance at Sep. 30, 2022 3,011 0 $ 25 1,227 2,531 (772)
Beginning balance at Dec. 31, 2022 $ 2,937 0 $ 23 1,192 2,518 (796)
Beginning balance (in shares) at Dec. 31, 2022 46,286,664   46,287,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Comprehensive income $ 499       282 217
Common stock dividends declared (93)       (93)  
Common stock issued/ purchased under employee stock award and stock purchase plans and other (in shares) [1]     1,066,000      
Common stock issued/ purchased under employee stock award and stock purchase plans and other [1] 3   $ 1   2  
Common stock repurchases (in shares)     (3,031,000)      
Common stock repurchases (282)   $ (2) (76) (204)  
Share-based compensation $ 33     33    
Ending balance (in shares) at Sep. 30, 2023 44,322,243   44,322,000      
Ending balance at Sep. 30, 2023 $ 3,097 0 $ 22 1,149 2,505 (579)
Beginning balance at Jun. 30, 2023 3,096 0 $ 23 1,154 2,489 (570)
Beginning balance (in shares) at Jun. 30, 2023     45,527,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Comprehensive income 152       161 (9)
Common stock dividends declared (34)       (34)  
Common stock issued/ purchased under employee stock award and stock purchase plans and other (in shares) [2]     281,000      
Common stock issued/ purchased under employee stock award and stock purchase plans and other [2] 21     21    
Common stock repurchases (in shares)     (1,486,000)      
Common stock repurchases (149)   $ (1) (37) (111)  
Share-based compensation $ 11     11    
Ending balance (in shares) at Sep. 30, 2023 44,322,243   44,322,000      
Ending balance at Sep. 30, 2023 $ 3,097 $ 0 $ 22 $ 1,149 $ 2,505 $ (579)
[1] Net of common shares delivered as payment for the exercise price or to satisfy the holders' withholding tax liability upon exercise of options.
[2] Net of common shares delivered as payment for the exercise price or to satisfy the holders' withholding tax liability upon exercise of options.