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Consolidated Statements of Total Equity - USD ($)
$ in Millions
Total
Common stock
Additional paid in capital
Retained earnings
Accumulated other comprehensive (loss) income
 [1]
Treasury Stock, Common [Member]
Total parent shareholders' equity
Non-controlling interest
Balance at Dec. 31, 2021 $ 2,648 $ 103 $ 1,329 $ 2,742 $ (408) $ (1,133) $ 2,633 $ 15
Balance, shares at Dec. 31, 2021   103,000,000            
Comprehensive Income:                
Net income 425     423     423 2
Foreign currency translation (136)       (134)   (134) (1)
Pension liability 20       20   20  
Comprehensive income 309           309 0
Stock repurchased and retired amount (115) $ (11) (216) (631)   744 (115)  
Retired and repurchased shares, shares   (11,000,000)            
Stock-based compensation 10         10 10  
Cash dividends declared (225)     (225)     (225)  
Dividends paid to non-controlling interest on subsidiary shares (2)             (2)
Balance at Dec. 31, 2022 2,626 $ 91 1,113 2,310 (522) (379) 2,613 13
Balance, shares at Dec. 31, 2022   91,000,000            
Comprehensive Income:                
Net income 489     488     488 1
Foreign currency translation 20       20   20 (0)
Pension liability 6       6   6  
Comprehensive income 514           513 1
Stock repurchased and retired amount (356) $ (4) (70) (282)     (356)  
Retired and repurchased shares, shares   (4,000,000)            
Stock-based compensation 11         11 11  
Cash dividends declared (225)     (225)     (225)  
Dividends paid to non-controlling interest on subsidiary shares (1)             (1)
Balance at Dec. 31, 2023 $ 2,570 $ 88 1,044 2,289 (496) (368) 2,557 13
Balance, shares at Dec. 31, 2023 82,600,000 88,000,000            
Comprehensive Income:                
Net income $ 648     646     646 1
Foreign currency translation (161)       (161)   (161) 0
Pension liability (3)       (3)   (3)  
Comprehensive income 484           483 1
Stock repurchased and retired amount $ (558) $ (7) (134) (612)   $ 194 (558)  
Retired and repurchased shares, shares 5,052,938 (7,000,000)       2,000,000    
Stock-based compensation $ 13         $ 13 13  
Cash dividends declared (219)     (219)     (219)  
Dividends paid to non-controlling interest on subsidiary shares (5)             (5)
Balance at Dec. 31, 2024 $ 2,285 $ 80 $ 910 $ 2,105 $ (659) $ (160) $ 2,276 $ 10
Balance, shares at Dec. 31, 2024 77,700,000 80,000,000            
[1] See Note 15 for further details – includes tax effects where applicable.