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CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY - USD ($)
$ in Millions
Total
Cumulative Effect, Period of Adoption, Adjustment
Cumulative Effect, Period of Adoption, Adjusted Balance
Total MVW Stockholders' Equity
Total MVW Stockholders' Equity
Cumulative Effect, Period of Adoption, Adjustment
Total MVW Stockholders' Equity
Cumulative Effect, Period of Adoption, Adjusted Balance
Common Stock
Common Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Treasury Stock
Treasury Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Additional Paid-In Capital
Additional Paid-In Capital
Cumulative Effect, Period of Adoption, Adjustment
Additional Paid-In Capital
Cumulative Effect, Period of Adoption, Adjusted Balance
Accumulated Other Comprehensive (Loss) Income
Accumulated Other Comprehensive (Loss) Income
Cumulative Effect, Period of Adoption, Adjusted Balance
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Retained Earnings
Cumulative Effect, Period of Adoption, Adjusted Balance
Non-controlling Interests
Non-controlling Interests
Cumulative Effect, Period of Adoption, Adjusted Balance
Beginning balance (in shares) at Dec. 31, 2021             75,500,000                          
Beginning balance at Dec. 31, 2021 $ 2,986 $ (80) $ 2,906 $ 2,976 $ (80) $ 2,896 $ 1 $ 1 $ (1,356) $ (1,356) $ 4,072 $ (111) $ 3,961 $ (16) $ (16) $ 275 $ 31 $ 306 $ 10 $ 10
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                        
Net income (loss) 391     391                       391     0  
Foreign currency translation adjustments 10     10                   10            
Reclassification of foreign currency translation adjustments realized upon disposition of subsidiary (10)     (10)                   (10)            
Derivative instrument adjustment 31     31                   31            
Adjustment for 2022 Convertible Note Hedges 6     6             6                  
Tax effect on equity, convertible notes 25     25             25                  
Share-based compensation plans (in shares)             200,000                          
Share-based compensation plans 15     15         2   13                  
Purchase of convertible note hedges (107)     (107)             (107)                  
Issuance of warrants 43     43             43                  
Expiration of warrants (3)     (3)             (3)                  
Repurchase of common stock (701)     (701)         (701)                      
Dividends (104)     (104)                       (104)        
Employee stock plan issuance 4     4         1   3                  
Deconsolidation of certain Consolidated Property Owners' Associations (8)                                   (8)  
Ending balance (in shares) at Dec. 31, 2022             75,700,000                          
Ending balance at Dec. 31, 2022 $ 2,498     2,496     $ 1   (2,054)   3,941     15   593     2  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                        
Accounting Standards Update [Extensible Enumeration] Accounting Standards Update 2020-06 [Member]                                      
Net income (loss) $ 252     254                       254     (2)  
Foreign currency translation adjustments 11     11                   11            
Derivative instrument adjustment (10)     (10)                   (10)            
Share-based compensation plans (in shares)             100,000                          
Share-based compensation plans 22     22         8   14                  
Repurchase of common stock (286)     (286)         (286)                      
Dividends $ (105)     (105)                       (105)        
Ending balance (in shares) at Dec. 31, 2023 75,807,882           75,800,000                          
Ending balance at Dec. 31, 2023 $ 2,382     2,382     $ 1   (2,332)   3,955     16   742     0  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                        
Net income (loss) 217     218                       218     (1)  
Foreign currency translation adjustments (21)     (21)                   (21)            
Derivative instrument adjustment (3)     (3)                   (3)            
Share-based compensation plans (in shares)             100,000                          
Share-based compensation plans 30     30         10   20                  
Repurchase of common stock (56)     (56)         (56)                      
Dividends $ (108)     (108)                       (108)        
Ending balance (in shares) at Dec. 31, 2024 75,852,678           75,900,000                          
Ending balance at Dec. 31, 2024 $ 2,441     $ 2,442     $ 1   $ (2,378)   $ 3,975     $ (8)   $ 852     $ (1)