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Stockholders' Equity (Tables)

12 Months Ended

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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