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Stockholders' Equity (Tables) | 12 Months Ended
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Dec. 31, 2023
Stockholders' Equity Note [Abstract] |
Schedule of Share Repurchases | On July 19, 2017, our Board approved a $2 billion share buy-back program that began in December 2017. On January 18, 2023, our Board approved an increase in our share repurchase authorization to $3 billion. All shares we have repurchased are canceled and are no longer outstanding. Activity under the buy-back program is as follows:
|  | Year Ended December 31,
|  | 2023 |  | 2022 |  | 2021
| (In millions, except per share amounts)
Total value of shares repurchased |  | $ | 522 |  |  | $ | 368 |  |  | $ | — |
Total number of shares repurchased |  | 32 |  |  | 21 |  |  | — |
Average repurchase price per share |  | $ | 16.56 |  |  | $ | 16.94 |  |  | $ | — |
Schedule of Dividends Paid and Payable | The following table provides information about our per share dividends:
| Year Ended December 31,
| 2023 |  | 2022 |  | 2021
Per share cash dividend declared for the period | $ | 1.13 |  |  | $ | 1.11 |  |  | $ | 1.08 |
Per share cash dividend paid in the period | 1.1250 |  |  | 1.1025 |  |  | 1.0725 |
Schedule of Changes in Accumulated Other Comprehensive Income (Loss) | Changes in the components of our “Accumulated other comprehensive loss” not including noncontrolling interests are summarized as follows:
| Net unrealized gains/(losses) on cash flow hedge derivatives |  |  |  | Pension and other postretirement liability adjustments |  | Total Accumulated other comprehensive loss
| (In millions)
Balance at December 31, 2020 | $ | (13) |  |  |  |  | $ | (394) |  |  | $ | (407) |
Other comprehensive (loss) gain before reclassifications | (432) |  |  |  |  | 155 |  |  | (277) |
Losses reclassified from accumulated other comprehensive loss | 273 |  |  |  |  | — |  |  | 273 |
Net current-period change in accumulated other comprehensive loss | (159) |  |  |  |  | 155 |  |  | (4) |
Balance at December 31, 2021 | (172) |  |  |  |  | (239) |  |  | (411) |
Other comprehensive (loss) gain before reclassifications | (312) |  |  |  |  | 1 |  |  | (311) |
Losses reclassified from accumulated other comprehensive loss | 320 |  |  |  |  | — |  |  | 320 |
Net current-period change in accumulated other comprehensive loss | 8 |  |  |  |  | 1 |  |  | 9 |
Balance at December 31, 2022 | (164) |  |  |  |  | (238) |  |  | (402) |
Other comprehensive gain before reclassifications | 155 |  |  |  |  | 65 |  |  | 220 |
Gains reclassified from accumulated other comprehensive loss | (35) |  |  |  |  | — |  |  | (35) |
Net current-period change in accumulated other comprehensive loss | 120 |  |  |  |  | 65 |  |  | 185 |
Balance at December 31, 2023 | $ | (44) |  |  |  |  | $ | (173) |  |  | $ | (217) |

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