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EARNINGS PER SHARE (Details)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
USD ($)
trading_day
$ / shares
shares
Jun. 30, 2024
USD ($)
$ / shares
shares
Jun. 30, 2025
USD ($)
trading_day
$ / shares
shares
Jun. 30, 2024
USD ($)
$ / shares
shares
Numerator        
Income from continuing operations | $ $ 139 $ 133 $ 280 $ 269
Loss from discontinued operations, net of income taxes | $ [1] 0 0 (4) (1)
Net income | $ $ 139 $ 133 $ 276 $ 268
Denominator        
Weighted average common stock outstanding - basic (in shares) | shares 46.7 49.6 47.8 49.6
Add: net effect of dilutive unvested restricted stock awards (in shares) | shares 0.5 0.4 0.6 0.2
Add: dilutive effect of Convertible Notes (in shares) | shares 0.0 0.2 0.0 0.1
Weighted average common stock outstanding – diluted (in shares) | shares 47.2 50.2 48.4 49.9
Basic EPS        
Income from continuing operations (in dollars per share) $ 2.96 $ 2.69 $ 5.86 $ 5.42
Income (loss) from discontinued operations (in dollars per share) 0.01 0 (0.08) (0.02)
Net income per share (in dollars per share) 2.97 2.69 5.78 5.40
Diluted EPS        
Income from continuing operations (in dollars per share) 2.93 2.65 5.79 5.38
Income (loss) from discontinued operations (in dollars per share) 0.01 0.01 (0.08) (0.02)
Net income per share (in dollars per share) $ 2.94 $ 2.66 $ 5.71 $ 5.36
Share awards excluded in the computation of diluted earnings per share (in shares) | shares 0.8 0.2 0.8 1.1
Convertible Debt        
Diluted EPS        
Conversion price (in dollars per share) $ 38.43   $ 38.43  
4.250% Convertible Senior Notes Due 2028 | Convertible Debt        
Diluted EPS        
Threshold for redemption, days prior to maturity | trading_day 51   51  
Capped Call Transaction | Convertible Debt        
Diluted EPS        
Cap price (in dollars per share) $ 61.48   $ 61.48  
[1]
(1)Includes amounts that related to the previously disclosed discontinued operations associated with the spinoff of our former LoyaltyOne segment in 2021 and the sale of our former Epsilon segment in 2019. For additional information, refer to Note 1, “Description of Business, Basis of Presentation and Summary of Significant Accounting Policies” to the unaudited Consolidated Financial Statements.