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Condensed Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($)
$ in Millions
Total
Total
Common Shares
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Deferred Equity Compensation
Nonredeemable Noncontrolling Interests
Beginning balance (in shares) at Dec. 31, 2022     59,013,040        
Beginning balance at Dec. 31, 2022 $ 5,292 $ 5,064 $ 1 $ 5,577 $ (515) $ 1 $ 228
Increase (Decrease) in Shareholders' Equity              
Net income 223 206   206     17
Dividends (35) (35)   (35)      
Common share repurchases (in shares)     (490,311)        
Common shares repurchases (26) (26)   (26)      
Share-based compensation (in shares)     327,415        
Share-based compensation 10 10   10      
Reclassification to liabilities (16)           (16)
Contributions 20           20
Distributions (70)           (70)
Other comprehensive (loss) income 57 57     57    
Ending balance (in shares) at Jun. 30, 2023     58,850,144        
Ending balance at Jun. 30, 2023 5,455 5,276 $ 1 5,732 (458) 1 179
Beginning balance (in shares) at Mar. 31, 2023     59,274,112        
Beginning balance at Mar. 31, 2023 5,415 5,220 $ 1 5,638 (420) 1 195
Increase (Decrease) in Shareholders' Equity              
Net income 126 125   125     1
Dividends (17) (17)   (17)      
Common share repurchases (in shares)     (453,942)        
Common shares repurchases (24) (24)   (24)      
Share-based compensation (in shares)     29,974        
Share-based compensation 10 10   10      
Reclassification to liabilities (16)           (16)
Contributions 17           17
Distributions (18)           (18)
Other comprehensive (loss) income (38) (38)     (38)    
Ending balance (in shares) at Jun. 30, 2023     58,850,144        
Ending balance at Jun. 30, 2023 5,455 5,276 $ 1 5,732 (458) 1 179
Beginning balance (in shares) at Dec. 31, 2023     56,217,305        
Beginning balance at Dec. 31, 2023 5,765 5,713 $ 1 6,070 (359) 1 52
Increase (Decrease) in Shareholders' Equity              
Net income 194 187   187     7
Dividends (36) (36)   (36)      
Common share repurchases (in shares)     (3,467,606)        
Common shares repurchases (285) (285)   (285)      
Share-based compensation (in shares)     436,008        
Share-based compensation (7) (7)   (7)      
Distributions (3)           (3)
Other comprehensive (loss) income (33) (33)     (33)    
Ending balance (in shares) at Jun. 30, 2024     53,185,707        
Ending balance at Jun. 30, 2024 5,595 5,539 $ 1 5,929 (392) 1 56
Beginning balance (in shares) at Mar. 31, 2024     55,081,584        
Beginning balance at Mar. 31, 2024 5,682 5,629 $ 1 6,014 (387) 1 53
Increase (Decrease) in Shareholders' Equity              
Net income 81 78   78     3
Dividends (17) (17)   (17)      
Common share repurchases (in shares)     (1,928,328)        
Common shares repurchases (154) (154)   (154)      
Share-based compensation (in shares)     32,451        
Share-based compensation 8 8   8      
Distributions 0           0
Other comprehensive (loss) income (5) (5)     (5)    
Ending balance (in shares) at Jun. 30, 2024     53,185,707        
Ending balance at Jun. 30, 2024 $ 5,595 $ 5,539 $ 1 $ 5,929 $ (392) $ 1 $ 56