v3.21.2
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY AND REDEEMABLE NONCONTROLLING INTERESTS (Unaudited) - USD ($)
$ in Millions
Total
Redeemable Non-Controlling Interests
Convertible Preference Shares
Common Shares
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Treasury Shares
Non- Controlling Interests
Beginning balance at Dec. 31, 2019   $ 397              
Increase (Decrease) in Temporary Equity                  
Net income (loss)   (8)              
Other comprehensive income (loss)   16              
Redemption value adjustment   (2)              
Ending balance at Sep. 30, 2020   403              
Beginning balance (in shares) at Dec. 31, 2019     6,899,683 141,813,142          
Beginning 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) 604         594     10
Other comprehensive income (loss) (876)           (880)   4
Redemption value adjustment 2         2      
Dividends on common shares (212)         (212)      
Dividends on preference shares (25)         (25)      
Dividends to noncontrolling interests on subsidiary common stock (10)               (10)
Acquisition of noncontrolling interest (7)         (10)     3
Share-based compensation expense 47       47        
Repurchase of common shares (in shares)       (2,546,000)          
Repurchase of common shares (100)             (100)  
Issuance of common shares, including stock dividends (in shares)       378,402          
Issuance of common shares, including stock dividends (2)         (2)      
Ending balance (in shares) at Sep. 30, 2020     6,899,683 139,645,544          
Ending balance at Sep. 30, 2020 5,451   $ 690 $ 1 5,376 6,784 (6,504) (1,020) 124
Beginning balance at Jun. 30, 2020   397              
Increase (Decrease) in Temporary Equity                  
Net income (loss)   1              
Other comprehensive income (loss)   17              
Redemption value adjustment   (12)              
Ending balance at Sep. 30, 2020   403              
Beginning balance (in shares) at Jun. 30, 2020     6,899,683 139,640,018          
Beginning balance at Jun. 30, 2020 5,209   $ 690 $ 1 5,356 6,581 (6,515) (1,020) 116
Increase (Decrease) in Stockholders' Equity                  
Net income (loss) 266         262     4
Other comprehensive income (loss) 18           11   7
Redemption value adjustment 12         12      
Dividends on common shares (70)         (70)      
Dividends on preference shares (8)         (8)      
Dividends to noncontrolling interests on subsidiary common stock (6)               (6)
Acquisition of noncontrolling interest 10         7     3
Share-based compensation expense 20       20        
Issuance of common shares, including stock dividends (in shares)       5,526          
Issuance of common shares, including stock dividends 0                
Ending balance (in shares) at Sep. 30, 2020     6,899,683 139,645,544          
Ending balance at Sep. 30, 2020 5,451   $ 690 $ 1 5,376 6,784 (6,504) (1,020) 124
Beginning balance at Dec. 31, 2020 415 415              
Increase (Decrease) in Temporary Equity                  
Net income (loss)   81              
Other comprehensive income (loss)   (23)              
Dividends to noncontrolling interests on subsidiary common stock   (71)              
Disposition of noncontrolling interest in a subsidiary   1              
Ending balance at Sep. 30, 2021 403 403              
Beginning balance (in shares) at Dec. 31, 2020     6,899,683 139,790,238          
Beginning 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) 1,854         1,847     7
Other comprehensive income (loss) (190)           (190)    
Dividends on common shares (221)         (221)      
Dividends on preference shares (25)         (25)      
Dividends to noncontrolling interests on subsidiary common stock (4)               (4)
Capital contribution (return) from (to) noncontrolling interest (3)               (3)
Acquisition of noncontrolling interest (3)         (3)      
Share-based compensation expense 46       46        
Repurchase of common shares (in shares)       (1,298,384)          
Repurchase of common shares (100)             (100)  
Issuance of common shares, including stock dividends (in shares)       1,946,384          
Issuance of common shares, including stock dividends 72       76 (4)      
Ending balance (in shares) at Sep. 30, 2021     6,899,683 140,438,238          
Ending balance at Sep. 30, 2021 7,631   $ 690 $ 1 5,530 8,830 (6,436) (1,120) 136
Beginning balance at Jun. 30, 2021   483              
Increase (Decrease) in Temporary Equity                  
Net income (loss)   2              
Other comprehensive income (loss)   (11)              
Dividends to noncontrolling interests on subsidiary common stock   (71)              
Ending balance at Sep. 30, 2021 403 $ 403              
Beginning balance (in shares) at Jun. 30, 2021     6,899,683 141,714,847          
Beginning balance at Jun. 30, 2021 7,331   $ 690 $ 1 5,512 8,259 (6,258) (1,020) 147
Increase (Decrease) in Stockholders' Equity                  
Net income (loss) 647         653     (6)
Other comprehensive income (loss) (178)           (178)    
Dividends on common shares (74)         (74)      
Dividends on preference shares (8)         (8)      
Dividends to noncontrolling interests on subsidiary common stock (2)               (2)
Capital contribution (return) from (to) noncontrolling interest (3)               (3)
Share-based compensation expense 17       17        
Repurchase of common shares (in shares)       (1,298,384)          
Repurchase of common shares (100)             (100)  
Issuance of common shares, including stock dividends (in shares)       21,775          
Issuance of common shares, including stock dividends 1       1        
Ending balance (in shares) at Sep. 30, 2021     6,899,683 140,438,238          
Ending balance at Sep. 30, 2021 $ 7,631   $ 690 $ 1 $ 5,530 $ 8,830 $ (6,436) $ (1,120) $ 136