Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated and Combined Statements of Equity

v3.19.1
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)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Cumulative effect of change in accounting standard $ (15)            
Beginning balance, shares at Dec. 31, 2017   0          
Balance as of beginning of period, value at Dec. 31, 2017 1,262 $ 0 $ 0 $ 1,257 $ 0 $ 0 $ 5
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 39     39      
Other comprehensive loss 1           1
Net transfers to and net contribution from former Parent (14)     (14)      
Ending balance, shares at Mar. 31, 2018   0          
Balance as of end of period, value at Mar. 31, 2018 1,273 $ 0 0 $ 1,267 0 0 6
Beginning balance, shares at Dec. 31, 2018   98          
Balance as of beginning of period, value at Dec. 31, 2018 1,418 $ 1 (119)   1,475 69 (8)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 21         21  
Other comprehensive loss (7)           (7)
Dividends $ (29)         (29)  
Stock Repurchased During Period, Shares (1)            
Repurchase of common stock $ (44)   (44)        
Change in deferred compensation 5       5    
Other 0   (1)   1    
Ending balance, shares at Mar. 31, 2019   97          
Balance as of end of period, value at Mar. 31, 2019 $ 1,364 $ 1 $ (164)   $ 1,481 $ 61 $ (15)