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CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (Unaudited) - USD ($)
$ in Millions
Total
Common Shares ($1 par value)
Paid-In Capital
Retained (Deficit) Earnings
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interest
Beginning balance at Dec. 31, 2022 $ (262) $ 225 $ 16 $ (947) $ 226 $ 218
Increase (Decrease) in Stockholders' Equity            
Total comprehensive income (loss) 243     205 17 21
Shares issued 6 1 5      
Shares retired:            
Repurchased (56) (1) (32) (23)    
Surrendered (non-cash) (17)     (17)    
Cash dividends declared (65)     (65)    
Stock-based compensation 11   11      
Ending balance at Mar. 31, 2023 (140) 225 0 (847) 243 239
Beginning balance at Dec. 31, 2022 (262) 225 16 (947) 226 218
Increase (Decrease) in Stockholders' Equity            
Total comprehensive income (loss) 750          
Ending balance at Sep. 30, 2023 148 224 4 (507) 223 204
Beginning balance at Mar. 31, 2023 (140) 225 0 (847) 243 239
Increase (Decrease) in Stockholders' Equity            
Total comprehensive income (loss) 270     263 (2) 9
Shares issued 11 1 10      
Shares retired:            
Repurchased (25) (1) (1) (23)    
Cash dividends declared (64)     (64)    
Dividends declared to noncontrolling interest (49)         (49)
Stock-based compensation 4   4      
Ending balance at Jun. 30, 2023 7 225 13 (671) 241 199
Increase (Decrease) in Stockholders' Equity            
Total comprehensive income (loss) 236     249 (18) 5
Total comprehensive income (loss) 236          
Shares issued 9   9      
Shares retired:            
Repurchased (45) (1) (23) (21)    
Cash dividends declared (64)     (64)    
Stock-based compensation 5   5      
Ending balance at Sep. 30, 2023 148 224 4 (507) 223 204
Beginning balance at Dec. 31, 2023 98 221 0 (596) 249 224
Increase (Decrease) in Stockholders' Equity            
Total comprehensive income (loss) 205     215 (18) 8
Shares issued 56 2 54      
Shares retired:            
Repurchased (148) (2) (77) (68)    
Surrendered (non-cash) (14)     (13)    
Cash dividends declared (64)     (64)    
Redemption of redeemable noncontrolling interest 4   4      
Stock-based compensation 20   20      
Ending balance at Mar. 31, 2024 157 220 0 (527) 231 232
Beginning balance at Dec. 31, 2023 98 221 0 (596) 249 224
Increase (Decrease) in Stockholders' Equity            
Total comprehensive income (loss) 681          
Ending balance at Sep. 30, 2024 142 216 0 (551) 247 230
Beginning balance at Mar. 31, 2024 157 220 0 (527) 231 232
Increase (Decrease) in Stockholders' Equity            
Total comprehensive income (loss) 262     258 (9) 13
Shares retired:            
Repurchased (144) (2) (8) (134)    
Cash dividends declared (64)     (64)    
Dividends declared to noncontrolling interest (37)         (37)
Stock-based compensation 8   8      
Ending balance at Jun. 30, 2024 182 218 0 (467) 223 208
Increase (Decrease) in Stockholders' Equity            
Total comprehensive income (loss) 213     167 24 22
Shares retired:            
Repurchased (194) (3) (3) (188)    
Cash dividends declared (63)     (63)    
Stock-based compensation 3   3      
Ending balance at Sep. 30, 2024 $ 142 $ 216 $ 0 $ (551) $ 247 $ 230