v3.20.1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY AND REDEEMABLE NONCONTROLLING INTERESTS (Unaudited) - USD ($)
$ in Millions
Total
Convertible Preference Shares
Common Shares
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Treasury Shares
Non- Controlling Interests
Redeemable Non-Controlling Interests
Balance at Dec. 31, 2018                 $ 424
Balance (in shares) at Dec. 31, 2018   6,899,683 141,111,081            
Balance at Dec. 31, 2018 $ 6,378 $ 690 $ 1 $ 5,278 $ 8,059 $ (6,935) $ (920) $ 205  
Increase (Decrease) in Stockholders' Equity                  
Net income (loss) 45       45       5
Other comprehensive income (loss) (45)         (44)   (1) (8)
Dividends on common shares (71)       (71)        
Dividends on preference shares (8)       (8)        
Dividends to noncontrolling interests on subsidiary common stock (1)             (1)  
Contribution from noncontrolling interest 1             1  
Share-based compensation expense 4     4          
Impact of adoption of new accounting standards         21 (21)      
Issuance of common shares, including stock dividends (in shares)     357,980            
Issuance of common shares, including stock dividends 1     2 (1)        
Balance at Mar. 31, 2019                 421
Balance (in shares) at Mar. 31, 2019   6,899,683 141,469,061            
Balance at Mar. 31, 2019 6,304 $ 690 $ 1 5,284 8,045 (7,000) (920) 204  
Balance at Dec. 31, 2019 397               397
Balance (in shares) at Dec. 31, 2019   6,899,683 141,813,142            
Balance at Dec. 31, 2019 6,030 $ 690 $ 1 5,329 6,437 (5,624) (920) 117  
Increase (Decrease) in Stockholders' Equity                  
Net income (loss) (185)       (184)     (1) (8)
Other comprehensive income (loss) (794)         (787)   (7) (10)
Redemption value adjustment                 15
Redemption value adjustment (15)       (15)        
Dividends on common shares (71)       (71)        
Dividends on preference shares (8)       (8)        
Dividends to noncontrolling interests on subsidiary common stock (4)             (4)  
Acquisition of noncontrolling interest 6       1     5  
Share-based compensation expense 15     15          
Issuance of common shares, including stock dividends (in shares)     333,118            
Issuance of common shares, including stock dividends (2)       (2)        
Balance at Mar. 31, 2020 394               $ 394
Balance (in shares) at Mar. 31, 2020   6,899,683 142,146,260            
Balance at Mar. 31, 2020 $ 4,972 $ 690 $ 1 $ 5,344 $ 6,158 $ (6,411) $ (920) $ 110