Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated and Combined Statements of Equity (Unaudited)

v3.21.1
Condensed Consolidated and Combined Statements of Equity (Unaudited) - USD ($)
Total
Common Stock
Treasury Stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Loss
Beginning balance, shares at Dec. 31, 2019   94,000,000        
Balance as of beginning of period, value at Dec. 31, 2019 $ 1,212,000,000 $ 1,000,000 $ (363,000,000) $ 1,488,000,000 $ 113,000,000 $ (27,000,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 22,000,000          
Period change (39,000,000)          
Dividends $ (30,000,000)       (30,000,000)  
Repurchase of common stock (shares) (1,000,000)          
Repurchase of common stock $ (45,000,000)   (45,000,000)      
Net share settlement of incentive equity awards (2,000,000)     (2,000,000)    
Change in deferred compensation 4,000,000     4,000,000    
Beginning balance, shares at Dec. 31, 2020   93,000,000        
Balance as of beginning of period, value at Dec. 31, 2020 963,000,000 $ 1,000,000 $ (408,000,000) 1,504,000,000 (82,000,000) (52,000,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 24,000,000          
Period change 14,000,000         $ 14,000,000
Exercise of stock options 4,000,000     $ 4,000,000    
Other 1,000,000       $ 1,000,000  
Balance as of end of period, value at Mar. 31, 2021 $ 991,000,000