v3.22.4
Preferred and Common Stock (Details)
3 Months Ended 8 Months Ended 9 Months Ended 12 Months Ended 24 Months Ended
Apr. 01, 2020
trading_day
$ / shares
shares
Mar. 31, 2022
USD ($)
$ / shares
Dec. 31, 2021
$ / shares
shares
Dec. 31, 2020
USD ($)
$ / shares
shares
Dec. 31, 2022
USD ($)
$ / shares
shares
Dec. 31, 2021
USD ($)
$ / shares
shares
Dec. 31, 2020
USD ($)
segment
$ / shares
shares
Nov. 17, 2024
Nov. 16, 2022
USD ($)
May 20, 2021
shares
May 04, 2021
USD ($)
Equity [Abstract]                      
Preferred stock, shares authorized         10,000,000            
Preferred stock, par value per share | $ / shares         $ 0.01            
Preferred stock, shares issued     0   0 0          
Common stock, shares authorized         150,000,000            
Common stock, par value per share | $ / shares $ 0.01       $ 0.01            
Separation transaction, shares issued to parent 109,021,376                    
Common stock, shares issued     110,239,390   111,280,206 110,239,390          
Common stock, shares outstanding     105,326,885   99,432,194 105,326,885          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Authorization for issuance for exercise of stock options and conversion of stock units granted under employee stock-based compensation plan (in shares)                   11,500,000  
Exercised (in shares)       84,959 147,418 251,919          
Stock options outstanding (in shares) 1,173,492   590,906   413,592 590,906          
Shares available for issuance under stock-based compensation plan     4,749,255   4,051,334 4,749,255          
Stock-based compensation expense, net of benefit for certain executive pre-vest stock award cancellations | $         $ (15,000,000) $ (22,000,000) $ (23,000,000)        
Stock-based compensation expense, after tax | $         12,000,000 17,000,000 18,000,000        
Stock-based compensation expense capitalized | $         0 0 0        
Stock-based compensation expense | $         $ 15,000,000 22,000,000 $ 23,000,000        
Stock options granted (in shares)         0            
Outstanding options, weighted average remaining contractual life         2 years 3 months 18 days            
Outstanding options, total intrinsic value | $         $ 1,000,000            
Cash received from stock option exercises | $       $ 1,000,000 3,000,000 6,000,000          
Total intrinsic value of stock options exercised | $       $ 1,000,000 1,000,000 $ 2,000,000          
Combined unrecognized compensation expense related to non-vested grants of both stock options and stock units | $         $ 18,000,000            
Common stock, shares issued     110,239,390   111,280,206 110,239,390          
Common stock, shares outstanding     105,326,885   99,432,194 105,326,885          
Treasury Stock, Value, Acquired, Cost Method | $         $ 185,000,000 $ 161,000,000          
Share-based Compensation Arrangement by Share-based Payment Award, Number of Additional Shares Authorized           3,000,000          
Weighted average expected recognition period for unrecognized compensation expense         1 year 9 months 18 days            
Common stock                      
Equity [Abstract]                      
Shares of common stock issued under employee stock-based compensation plan         1,040,816 1,034,164 183,850        
Common stock, shares outstanding     105,326,885 109,205,226 99,432,194 105,326,885 109,205,226        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Common stock, shares outstanding     105,326,885 109,205,226 99,432,194 105,326,885 109,205,226        
Treasury Stock, Shares, Acquired         6,935,507            
Share-Based Payment Arrangement, Expense, Performance Condition Adjustment                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Stock-based compensation expense, net of benefit for certain executive pre-vest stock award cancellations | $         $ 4,000,000            
2021 Share Repurchase Program                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Stock Repurchase Program, Authorized Amount | $                     $ 300,000,000
Stock Repurchase Program, Period in Force     2 years                
Treasury Stock, Value, Acquired, Cost Method | $         $ 139,000,000 $ 161,000,000          
2021 Share Repurchase Program | Common stock                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Treasury Stock, Shares, Acquired         4,863,672 4,912,505          
2022 Share Repurchase Program                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Stock Repurchase Program, Authorized Amount | $                 $ 200,000,000    
Stock Repurchase Program, Period in Force               2 years      
Treasury Stock, Value, Acquired, Cost Method | $         $ 46,000,000            
2022 Share Repurchase Program | Common stock                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Treasury Stock, Shares, Acquired         2,071,835            
ParentCo                      
Equity [Abstract]                      
Common stock, shares outstanding 436,085,504                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Common stock, shares outstanding 436,085,504                    
Allocated costs, ParentCo                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Stock-based compensation expense | $   $ 5,000,000                  
Stock options                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Replacement award ratio 1.07                    
Market price (in dollars per share) | $ / shares $ 15.00 $ 16.06                  
Exercise price decrease ratio 0.93                    
Volume weighted average trading price (in dollars per share) | $ / shares $ 7.37                    
Measurement period for volume weighted average trading price in trading days | trading_day 5                    
Vesting service period         3 years            
Contractual term         10 years            
Stock options | Vesting Year One                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Vesting percentage         33.33%            
Stock options | Vesting Year Two                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Vesting percentage         33.33%            
Stock options | Vesting Year Three                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Vesting percentage         33.33%            
Stock units                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Converted (in shares)       157,230 1,314,188 1,125,983          
Stock units outstanding (in shares) 3,062,013   3,913,337   3,325,170 3,913,337          
Number of shares counted for each award in determining number of shares remaining for authorization     1.5     1.5       1  
Replacement award ratio 2.18                    
Percent of stock-based compensation expense related to stock units (minimum)         85.00% 85.00% 85.00%        
Estimated grant date fair value, stock units with market condition (in dollars per share) | $ / shares     $ 15.14   $ 19.35 $ 15.14          
Performance stock units                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Performance measurement period         3 years   3 years        
Number of financial targets established | segment             3        
Duration of each financial target             1 year        
EBITDA Target                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Performance target percentage         50.00%   25.00%        
Free Cash Flow Target                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Performance target percentage             25.00%        
Pretax Return on Net Assets Target                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Performance target percentage             50.00%        
Stock units with market condition                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Estimated grant date fair value, stock units with market condition (in dollars per share) | $ / shares     $ 46.17 $ 10.02 $ 37.40 $ 46.17 $ 10.02        
Risk-free interest rate         1.40% 0.30% 0.20%        
Estimated volatility rate         60.40% 50.10% 35.40%