Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Computation of Basic and Diluted EPS) (Details)

v3.20.2
Earnings Per Share (Computation of Basic and Diluted EPS) (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Mar. 31, 2020
Jun. 30, 2019
Mar. 31, 2019
Jun. 30, 2020
Jun. 30, 2019
Earnings Per Share [Abstract]            
Net (loss)/income $ (174) $ 22 $ 26 $ 21 $ (152) $ 47
Basic weighted average shares outstanding (in shares) 93.3   97.1   93.5 97.5
Stock Options and restricted stock units (RSUs) (in shares) 0.0   0.3   0.0 0.3
Diluted weighted average shares outstanding (in shares) 93.3   97.4   93.5 97.8
(Loss)/earnings per share            
Basic (in usd per share) $ (1.86)   $ 0.27   $ (1.63) $ 0.49
Diluted (in usd per share) (1.86)   0.27   (1.63) 0.49
Cash dividends declared per share (in usd per share) $ 0.08   $ 0.29   $ 0.40 $ 0.58
Dividends:            
Aggregate dividends paid to shareholders $ 8   $ 28   $ 38 $ 56
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares) 0.1       0.1