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Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2023
Equity [Abstract]  
Schedule of Shares Repurchased

Information regarding the shares repurchased was as follows:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Total cost of shares repurchased (in millions)

 

$

8

 

 

$

 

 

$

44

 

 

$

 

Average price per share (1)

 

$

10.31

 

 

$

 

 

$

10.80

 

 

$

 

Number of shares repurchased

 

 

764,859

 

 

 

 

 

 

4,026,550

 

 

 

 

(1)
Excludes 1% excise tax on share repurchases