v3.23.1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY AND REDEEMABLE NONCONTROLLING INTERESTS - 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, 2021   $ 381              
Increase (Decrease) in Temporary Equity                  
Net income (loss)   4              
Other comprehensive income (loss)   (15)              
Ending balance at Mar. 31, 2022   370              
Beginning balance (in shares) at Dec. 31, 2021     6,899,683            
Beginning balance (in shares) at Dec. 31, 2021       141,057,414          
Beginning balance at Dec. 31, 2021 $ 7,825   $ 690 $ 1 $ 5,590 $ 8,979 $ (6,471) $ (1,120) $ 156
Increase (Decrease) in Stockholders' Equity                  
Net income (loss) 692         688     4
Other comprehensive income (loss) 258           258    
Dividends on common shares (81)         (81)      
Share-based compensation expense 16       16        
Conversion of preference shares to common shares (in shares)     (6,899,683) 8,863,331          
Conversion of preference shares to common shares 0   $ (690)   690        
Issuance of common shares, including stock dividends (in shares)       1,732,324          
Issuance of common shares, including stock dividends 31       36 (5)      
Ending balance (in shares) at Mar. 31, 2022     0            
Ending balance (in shares) at Mar. 31, 2022       151,653,069          
Ending balance at Mar. 31, 2022 8,741   $ 0 $ 1 6,332 9,581 (6,213) (1,120) 160
Beginning balance at Dec. 31, 2022 4 4              
Increase (Decrease) in Temporary Equity                  
Net income (loss)   0              
Other comprehensive income (loss)   0              
Ending balance at Mar. 31, 2023 $ 4 $ 4              
Beginning balance (in shares) at Dec. 31, 2022     0            
Beginning balance (in shares) at Dec. 31, 2022 149,907,932     149,907,932          
Beginning balance at Dec. 31, 2022 $ 9,956   $ 0 $ 1 6,692 10,222 (6,371) (1,320) 732
Increase (Decrease) in Stockholders' Equity                  
Net income (loss) 659         632     27
Other comprehensive income (loss) 203           200   3
Dividends on common shares (94)         (94)      
Capital contribution (return) from (to) noncontrolling interest 2               2
Share-based compensation expense 17       17        
Issuance of common shares, including stock dividends (in shares)       677,581          
Issuance of common shares, including stock dividends $ (24)       (21) (3)      
Ending balance (in shares) at Mar. 31, 2023     0            
Ending balance (in shares) at Mar. 31, 2023 150,585,513     150,585,513          
Ending balance at Mar. 31, 2023 $ 10,719   $ 0 $ 1 $ 6,688 $ 10,757 $ (6,171) $ (1,320) $ 764