Annual report pursuant to Section 13 and 15(d)

Condensed Consolidated and Combined Statements of Equity

v3.10.0.1
Condensed Consolidated and Combined Statements of Equity - USD ($)
shares in Millions, $ in Millions
Total
Common Stock
Treasury Stock
Former Parent’s Net Investment
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income/(Loss)
Beginning balance, shares (in shares) at Dec. 31, 2015   0          
Balance as of beginning of period, value at Dec. 31, 2015 $ 1,150 $ 0 $ 0 $ 1,149 $ 0 $ 0 $ 1
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 176     176      
Net transfers to former Parent (239)     (239)      
Other comprehensive income (loss) (1)           (1)
Ending balance, shares (in shares) at Dec. 31, 2016   0          
Balance as of end of period, value at Dec. 31, 2016 1,086 $ 0 0 1,086 0 0 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 230     230      
Net transfers to former Parent (59)     (59)      
Other comprehensive income (loss) 5           5
Ending balance, shares (in shares) at Dec. 31, 2017   0          
Balance as of end of period, value at Dec. 31, 2017 1,262 $ 0 0 1,257 0 0 5
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Cumulative effect of change in accounting standard (15)     (15)      
Net income 162     43   119  
Other comprehensive income (loss) (13)           (13)
Net transfer to and net contribution from former Parent 222     222      
Dividends (75)     (25)   (50)  
Transfer of net investment to additional paid-in capital 0     (1,482) 1,482    
Issuance of common stock (in shares)   100          
Issuance of common stock 1 $ 1          
Net share settlement of incentive equity awards (34)       (34)    
Repurchase of common stock (119)   (119)        
Change in deferred compensation 26       26    
Other 1       1 0  
Ending balance, shares (in shares) at Dec. 31, 2018   98          
Balance as of end of period, value at Dec. 31, 2018 $ 1,418 $ 1 $ (119) $ 0 $ 1,475 $ 69 $ (8)