Annual report pursuant to Section 13 and 15(d)

Condensed Consolidated and Combined Statements of Equity

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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, 2016   0          
Balance as of beginning 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      
Dividends (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)      
Net income 162     43   119  
Dividends 222     222      
Dividends (75)     (25)   (50)  
Other comprehensive income (loss) $ (13)           (13)
Other       (1,482) 1,482    
Issuance of common stock (in shares) 100            
Issuance of common stock $ 1 $ 1          
Stock Repurchased During Period, Shares (2)            
Net share settlement of incentive equity awards $ (34)       (34)    
Repurchase of common stock (119)   (119)        
Change in deferred compensation 26       26    
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)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Stockholders' Equity, Other 1       1    
Cumulative effect of change in accounting standard (15)            
Net income 157         157  
Dividends (113)         (113)  
Other comprehensive income (loss) $ (19)           (19)
Stock Repurchased During Period, Shares (4)            
Net share settlement of incentive equity awards $ (5)       (5)    
Repurchase of common stock (244)   (244)        
Change in deferred compensation 20       20    
Other         (2)    
Ending balance, shares (in shares) at Dec. 31, 2019   94          
Balance as of end of period, value at Dec. 31, 2019 1,212 $ 1 $ (363) $ 0 $ 1,488 $ 113 $ (27)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Stockholders' Equity, Other $ (2)