v3.21.1
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
Beginning balance at Dec. 31, 2019                 $ 397
Increase (Decrease) in Temporary Equity                  
Net income (loss)                 (8)
Other comprehensive income (loss)                 (10)
Redemption value adjustment                 15
Ending balance at Mar. 31, 2020                 394
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)  
Other comprehensive income (loss) (794)         (787)   (7)  
Redemption value adjustment         (15)        
Dividends on common shares (71)       (71)        
Dividends on preference shares (8)       (8)        
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders (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)     0 (2)        
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  
Beginning balance at Dec. 31, 2020 415               415
Increase (Decrease) in Temporary Equity                  
Net income (loss)                 77
Other comprehensive income (loss)                 (19)
Ending balance at Mar. 31, 2021 473               $ 473
Balance (in shares) at Dec. 31, 2020   6,899,683 139,790,238            
Balance at Dec. 31, 2020 6,205 $ 690 $ 1 5,408 7,236 (6,246) (1,020) 136  
Increase (Decrease) in Stockholders' Equity                  
Net income (loss) 840       831     9  
Other comprehensive income (loss) (239)         (238)   (1)  
Dividends on common shares (71)       (71)        
Dividends on preference shares (8)       (8)        
Acquisition of noncontrolling interest (3)       (3)     0  
Share-based compensation expense 13     13          
Issuance of common shares, including stock dividends (in shares)     1,470,164            
Issuance of common shares, including stock dividends 44       (3)        
Balance (in shares) at Mar. 31, 2021   6,899,683 141,260,402            
Balance at Mar. 31, 2021 $ 6,781 $ 690 $ 1 $ 5,468 $ 7,982 $ (6,484) $ (1,020) $ 144