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Stockholders' Equity (Tables)
 9 Months Ended
Sep. 30, 2024
Equity [Abstract]  
Schedule of Shares Repurchased

Information regarding the shares repurchased was as follows:

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Total cost of shares repurchased (in millions)

 

$

7

 

 

$

5

 

 

$

18

 

 

$

49

 

Average price per share (1)

 

$

12.95

 

 

$

10.65

 

 

$

12.92

 

 

$

10.78

 

Number of shares repurchased

 

 

541,502

 

 

 

429,622

 

 

 

1,379,020

 

 

 

4,456,172

 
(1)
Excludes 1% excise tax on share repurchases