XML 24 R12.htm IDEA: XBRL DOCUMENT
v3.24.2

Note 6 - Stockholders' Equity | 6 Months Ended
--- | ---
Jun. 30, 2024
Notes to Financial Statements |
Equity [Text Block] | Note 6. Stockholders’ Equity Common stock — Our Board of Directors declared a cash dividend of ten cents per share of common stock in the first and second quarters of 2024. Dividends accrue on restricted stock units (RSUs) granted under our stock compensation program and will be paid in cash or additional units when the underlying units vest. Changes in equity —
2024 |  | Common Stock |  |  | Additional Paid-In Capital |  |  | Retained Earnings |  |  | Treasury Stock |  |  | Accumulated Other Comprehensive Loss |  |  | Non-controlling Interests |  |  | Total Equity |
Balance, December 31, 2023 |  | $ | 2 |  |  | $ | 2,255 |  |  | $ | 317 |  |  | $ | (9 | ) |  | $ | (990 | ) |  | $ | 62 |  |  | $ | 1,637 |
Net income |  |  |  |  |  |  |  |  |  |  | 3 |  |  |  |  |  |  |  |  |  |  |  | 5 |  |  |  | 8 |
Other comprehensive loss |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (17 | ) |  |  | (1 | ) |  |  | (18 | )
Common stock dividends and dividend equivalents |  |  |  |  |  |  |  |  |  |  | (15 | ) |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (15 | )
Distributions to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (1 | ) |  |  | (1 | )
Redeemable noncontrolling interests adjustment to redemption value |  |  |  |  |  |  |  |  |  |  | (8 | ) |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (8 | )
Stock compensation |  |  |  |  |  |  | 5 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5 |
Stock withheld for employee taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (4 | ) |  |  |  |  |  |  |  |  |  |  | (4 | )
Balance, March 31, 2024 |  | $ | 2 |  |  | $ | 2,260 |  |  | $ | 297 |  |  | $ | (13 | ) |  | $ | (1,007 | ) |  | $ | 65 |  |  | $ | 1,604 |
Net income |  |  |  |  |  |  |  |  |  |  | 16 |  |  |  |  |  |  |  |  |  |  |  | 5 |  |  |  | 21 |
Other comprehensive loss |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (67 | ) |  |  |  |  |  |  | (67 | )
Common stock dividends and dividend equivalents |  |  |  |  |  |  |  |  |  |  | (15 | ) |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (15 | )
Distributions to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (1 | ) |  |  | (1 | )
Redeemable noncontrolling interests adjustment to redemption value |  |  |  |  |  |  |  |  |  |  | (5 | ) |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (5 | )
Stock compensation |  |  |  |  |  |  | 7 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 7 |
Balance, June 30, 2024 |  | $ | 2 |  |  | $ | 2,267 |  |  | $ | 293 |  |  | $ | (13 | ) |  | $ | (1,074 | ) |  | $ | 69 |  |  | $ | 1,544 |
2023 |  | Common Stock |  |  | Additional Paid-In Capital |  |  | Retained Earnings |  |  | Treasury Stock |  |  | Accumulated Other Comprehensive Loss |  |  | Non-controlling Interests |  |  | Total Equity |
Balance, December 31, 2022 |  | $ | 2 |  |  | $ | 2,229 |  |  | $ | 321 |  |  | $ | — |  |  | $ | (1,001 | ) |  | $ | 52 |  |  | $ | 1,603 |
Net income |  |  |  |  |  |  |  |  |  |  | 28 |  |  |  |  |  |  |  |  |  |  |  | 4 |  |  |  | 32 |
Other comprehensive income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 40 |  |  |  |  |  |  |  | 40 |
Common stock dividends and dividend equivalents |  |  |  |  |  |  |  |  |  |  | (15 | ) |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (15 | )
Distributions to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (1 | ) |  |  | (1 | )
Redeemable noncontrolling interests adjustment to redemption value |  |  |  |  |  |  |  |  |  |  | (1 | ) |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (1 | )
Stock compensation |  |  |  |  |  |  | 8 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 8 |
Stock withheld for employee taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (8 | ) |  |  |  |  |  |  |  |  |  |  | (8 | )
Balance, March 31, 2023 |  | $ | 2 |  |  | $ | 2,237 |  |  | $ | 333 |  |  | $ | (8 | ) |  | $ | (961 | ) |  | $ | 55 |  |  | $ | 1,658 |
Net income |  |  |  |  |  |  |  |  |  |  | 30 |  |  |  |  |  |  |  |  |  |  |  | 5 |  |  |  | 35 |
Other comprehensive loss |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (3 | ) |  |  |  |  |  |  | (3 | )
Common stock dividends and dividend equivalents |  |  |  |  |  |  |  |  |  |  | (14 | ) |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (14 | )
Distributions to noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (2 | ) |  |  | (2 | )
Stock compensation |  |  |  |  |  |  | 7 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 7 |
Balance, June 30, 2023 |  | $ | 2 |  |  | $ | 2,244 |  |  | $ | 349 |  |  | $ | (8 | ) |  | $ | (964 | ) |  | $ | 58 |  |  | $ | 1,681 |
Changes in each component of accumulated other comprehensive income (loss) (AOCI) of the parent —
|  | Parent Company Stockholders |
2024 |  | Foreign Currency Translation |  |  | Hedging |  |  | Defined Benefit Plans |  |  | Accumulated Other Comprehensive Loss |
Balance, December 31, 2023 |  | $ | (868 | ) |  | $ | 20 |  |  | $ | (142 | ) |  | $ | (990 | )
Currency translation adjustments |  |  | (16 | ) |  |  |  |  |  |  |  |  |  |  | (16 | )
Holding gains and losses |  |  |  |  |  |  | 9 |  |  |  |  |  |  |  | 9 |
Reclassification of amount to net income (a) |  |  |  |  |  |  | (11 | ) |  |  |  |  |  |  | (11 | )
Reclassification adjustment for net actuarial losses included in net periodic benefit cost (b) |  |  |  |  |  |  |  |  |  |  | 1 |  |  |  | 1 |
Other comprehensive income (loss) |  |  | (16 | ) |  |  | (2 | ) |  |  | 1 |  |  |  | (17 | )
Balance, March 31, 2024 |  | $ | (884 | ) |  | $ | 18 |  |  | $ | (141 | ) |  | $ | (1,007 | )
Currency translation adjustments |  |  | (45 | ) |  |  |  |  |  |  |  |  |  |  | (45 | )
Holding gains and losses |  |  |  |  |  |  | (23 | ) |  |  |  |  |  |  | (23 | )
Reclassification of amount to net income (a) |  |  |  |  |  |  | (8 | ) |  |  |  |  |  |  | (8 | )
Other |  |  |  |  |  |  |  |  |  |  | 3 |  |  |  | 3 |
Reclassification adjustment for net actuarial losses included in net periodic benefit cost (b) |  |  |  |  |  |  |  |  |  |  | 2 |  |  |  | 2 |
Tax expense |  |  |  |  |  |  | 5 |  |  |  | (1 | ) |  |  | 4 |
Other comprehensive income (loss) |  |  | (45 | ) |  |  | (26 | ) |  |  | 4 |  |  |  | (67 | )
Balance, June 30, 2024 |  | $ | (929 | ) |  | $ | (8 | ) |  | $ | (137 | ) |  | $ | (1,074 | )
|  | Parent Company Stockholders |
2023 |  | Foreign Currency Translation |  |  | Hedging |  |  | Defined Benefit Plans |  |  | Accumulated Other Comprehensive Loss |
Balance, December 31, 2022 |  | $ | (895 | ) |  | $ | 21 |  |  | $ | (127 | ) |  | $ | (1,001 | )
Currency translation adjustments |  |  | 24 |  |  |  |  |  |  |  |  |  |  |  | 24 |
Holding gains and losses |  |  |  |  |  |  | 16 |  |  |  |  |  |  |  | 16 |
Reclassification adjustment for net actuarial losses included in net periodic benefit cost (b) |  |  |  |  |  |  |  |  |  |  | 1 |  |  |  | 1 |
Tax expense |  |  |  |  |  |  | (1 | ) |  |  |  |  |  |  | (1 | )
Other comprehensive income |  |  | 24 |  |  |  | 15 |  |  |  | 1 |  |  |  | 40 |
Balance, March 31, 2023 |  | $ | (871 | ) |  | $ | 36 |  |  | $ | (126 | ) |  | $ | (961 | )
Currency translation adjustments |  |  | (6 | ) |  |  |  |  |  |  |  |  |  |  | (6 | )
Holding gains and losses |  |  |  |  |  |  | 10 |  |  |  |  |  |  |  | 10 |
Reclassification of amount to net income (a) |  |  |  |  |  |  | (7 | ) |  |  |  |  |  |  | (7 | )
Reclassification adjustment for net actuarial losses included in net periodic benefit cost (b) |  |  |  |  |  |  |  |  |  |  | 1 |  |  |  | 1 |
Tax expense |  |  |  |  |  |  |  |  |  |  | (1 | ) |  |  | (1 | )
Other comprehensive income (loss) |  |  | (6 | ) |  |  | 3 |  |  |  | — |  |  |  | (3 | )
Balance, June 30, 2023 |  | $ | (877 | ) |  | $ | 39 |  |  | $ | (126 | ) |  | $ | (964 | )
(a) Realized gains and losses from currency-related forward contracts associated with forecasted transactions or from other derivative instruments treated as cash flow hedges are reclassified from AOCI into the same line item in the consolidated statement of operations in which the underlying forecasted transaction or other hedged item is recorded. See Note 12 for additional details. (b) See Note 10 for additional details.

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for equity. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-13 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (h) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-13 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 14 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-14 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 235 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477968/946-235-50-2 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 235 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477968/946-235-50-2 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 505 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478448/946-505-50-6 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480237/815-40-50-6 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480008/505-10-S99-1 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(e)(1)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/505/tableOfContent Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-13 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (g) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-13 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (i) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-13 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 14 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-14 Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 14 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-14 Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 16 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-16 Reference 17: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 18 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-18 Reference 18: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 18 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-18 Reference 19: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 18 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-18 + Details
Name: | us-gaap_StockholdersEquityNoteDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration