Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated and Combined Statements of Equity (Unaudited)

v3.20.2
Condensed Consolidated and Combined Statements of Equity (Unaudited) - USD ($)
shares in Millions, $ in Millions
Total
Cumulative Effect, Period of Adoption, Adjustment [Member]
Common Stock
Treasury Stock
Additional Paid-in Capital
Retained Earnings/(Accumulated Deficit)
Retained Earnings/(Accumulated Deficit)
Cumulative Effect, Period of Adoption, Adjustment [Member]
Accumulated Other Comprehensive Loss
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Cumulative effect of change in accounting standard $ 1,418   $ 1 $ (119) $ 1,475 $ 69   $ (8)
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/(loss) 21         21    
Period change (7)             (7)
Dividends (29)         (29)    
Repurchase of common stock (shares)     (1)          
Repurchase of common stock (44)     (44)        
Change in deferred compensation 5       5      
Other 0     (1) 1      
Cumulative effect of change in accounting standard 1,364   $ 1 (164) 1,481 61   (15)
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)
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/(loss) 93              
Period change (26)              
Cumulative effect of change in accounting standard 1,242   $ 1 (289) 1,487 77   (34)
Ending balance, shares at Sep. 30, 2019     95          
Balance as of end of period, value at Sep. 30, 2019 1,242   $ 1 (289) 1,487 77   (34)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Cumulative effect of change in accounting standard 1,364   $ 1 (164) 1,481 61   (15)
Beginning balance, shares at Mar. 31, 2019     97          
Balance as of beginning of period, value at Mar. 31, 2019 1,364   $ 1 (164) 1,481 61   (15)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income/(loss) 26         26    
Period change (15)             (15)
Dividends (28)         (28)    
Repurchase of common stock (shares)     (1)          
Repurchase of common stock (50)     (50)        
Net share settlement of incentive equity awards (4)       (4)      
Change in deferred compensation 6       6      
Adjustments to Additional Paid in Capital, Other 1       1      
Other           0    
Cumulative effect of change in accounting standard 1,300   $ 1 (214) 1,484 59   (30)
Ending balance, shares at Jun. 30, 2019     96          
Balance as of end of period, value at Jun. 30, 2019 1,300   $ 1 (214) 1,484 59   (30)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Cumulative effect of change in accounting standard 1,300   $ 1 (214) 1,484 59   (30)
Net income/(loss) 45         45    
Period change (4)             (4)
Dividends (28)         (28)    
Repurchase of common stock (shares)     (1)          
Repurchase of common stock (75)     (75)        
Net share settlement of incentive equity awards (1)       (1)      
Change in deferred compensation 4       4      
Other 1         1    
Cumulative effect of change in accounting standard 1,242   $ 1 (289) 1,487 77   (34)
Ending balance, shares at Sep. 30, 2019     95          
Balance as of end of period, value at Sep. 30, 2019 1,242   $ 1 (289) 1,487 77   (34)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Cumulative effect of change in accounting standard 1,242   1 (289) 1,487 77   (34)
Cumulative effect of change in accounting standard 1,212 $ (10) $ 1 (363) 1,488 113 $ (10) (27)
Beginning balance, shares at Dec. 31, 2019     94          
Balance as of beginning of period, value at Dec. 31, 2019 1,212 (10) $ 1 (363) 1,488 113 (10) (27)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income/(loss) 22         22    
Period change (39)             (39)
Dividends (30)         (30)    
Repurchase of common stock (shares)     (1)          
Repurchase of common stock (45)     (45)        
Net share settlement of incentive equity awards (2)       (2)      
Change in deferred compensation 4       4      
Cumulative effect of change in accounting standard 1,112 (10) $ 1 (408) 1,490 95 (10) (66)
Ending balance, shares at Mar. 31, 2020     93          
Balance as of end of period, value at Mar. 31, 2020 1,112   $ 1 (408) 1,490 95   (66)
Beginning balance, shares at Dec. 31, 2019     94          
Balance as of beginning of period, value at Dec. 31, 2019 1,212 (10) $ 1 (363) 1,488 113 (10) (27)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income/(loss) (125)              
Period change (35)              
Cumulative effect of change in accounting standard 1,212 $ (10) $ 1 (408) 1,498 (66) $ (10) (62)
Ending balance, shares at Sep. 30, 2020     93          
Balance as of end of period, value at Sep. 30, 2020 963   $ 1 (408) 1,498 (66)   (62)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Cumulative effect of change in accounting standard 1,112   $ 1 (408) 1,490 95   (66)
Beginning balance, shares at Mar. 31, 2020     93          
Balance as of beginning of period, value at Mar. 31, 2020 1,112   $ 1 (408) 1,490 95   (66)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income/(loss) (174)         (174)    
Period change (1)             (1)
Dividends (8)         (8)    
Net share settlement of incentive equity awards (2)       (2)      
Change in deferred compensation 6       (6)      
Adjustments to Additional Paid in Capital, Other 0              
Other         (1) 1    
Cumulative effect of change in accounting standard 933   $ 1 (408) 1,493 (86)   (67)
Ending balance, shares at Jun. 30, 2020     93          
Balance as of end of period, value at Jun. 30, 2020 933   $ 1 (408) 1,493 (86)   (67)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Cumulative effect of change in accounting standard 933   1 (408) 1,493 (86)   (67)
Net income/(loss) 27         27    
Period change 5             5
Dividends (7)         (7)    
Change in deferred compensation 5              
Other         5      
Cumulative effect of change in accounting standard 933   $ 1 (408) 1,498 (66)   (62)
Ending balance, shares at Sep. 30, 2020     93          
Balance as of end of period, value at Sep. 30, 2020 963   $ 1 (408) 1,498 (66)   (62)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Cumulative effect of change in accounting standard $ 963   $ 1 $ (408) $ 1,498 $ (66)   $ (62)