v3.25.1
Interim Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)
$ in Millions
Total
Common Stock [Member]
Treasury Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive (Loss) Income [Member]
Non-controlling Interests [Member]
Total stockholders' equity, beginning balance at Dec. 31, 2023 $ 738 $ 2 $ (1,806) $ 1,033 $ 1,781 $ (274) $ 2
Shares, beginning balance at Dec. 31, 2023   197,519,784          
Treasury Shares, beginning balance at Dec. 31, 2023     48,932,387        
Common stock issued - compensation plans (in shares)   161,325          
Exercise of stock options, net 1     1      
Exercise of stock options, net (in shares)   30,727          
Stock-based compensation expense 1     1      
Cancellation of unissued stock awards withheld to cover taxes (2)     (2)      
Net income (loss) 54       54    
Dividends (37)       (37)    
Total stockholders' equity, ending balance at Mar. 31, 2024 755 $ 2 $ (1,806) 1,033 1,798 (274) 2
Shares, ending balance at Mar. 31, 2024   197,711,836          
Treasury Shares, ending balance at Mar. 31, 2024     48,932,387        
Total stockholders' equity, beginning balance at Dec. 31, 2023 738 $ 2 $ (1,806) 1,033 1,781 (274) 2
Shares, beginning balance at Dec. 31, 2023   197,519,784          
Treasury Shares, beginning balance at Dec. 31, 2023     48,932,387        
Net income (loss) 113       113    
Total stockholders' equity, ending balance at Jun. 30, 2024 716       1,819    
Total stockholders' equity, beginning balance at Dec. 31, 2023 738 $ 2 $ (1,806) 1,033 1,781 (274) 2
Shares, beginning balance at Dec. 31, 2023   197,519,784          
Treasury Shares, beginning balance at Dec. 31, 2023     48,932,387        
Net income (loss) 81       81    
Total stockholders' equity, ending balance at Sep. 30, 2024 645       1,749    
Total stockholders' equity, beginning balance at Dec. 31, 2023 738 $ 2 $ (1,806) 1,033 1,781 (274) 2
Shares, beginning balance at Dec. 31, 2023   197,519,784          
Treasury Shares, beginning balance at Dec. 31, 2023     48,932,387        
Net income (loss) 70       70    
Total stockholders' equity, ending balance at Dec. 31, 2024 $ 588 $ 2 $ (1,804) 1,055 1,701 (367) 1
Shares, ending balance at Dec. 31, 2024   198,300,033          
Treasury Shares, ending balance at Dec. 31, 2024 48,871,602   48,871,602        
Total stockholders' equity, beginning balance at Mar. 31, 2024 $ 755 $ 2 $ (1,806) 1,033 1,798 (274) 2
Shares, beginning balance at Mar. 31, 2024   197,711,836          
Treasury Shares, beginning balance at Mar. 31, 2024     48,932,387        
Net income (loss) 60       60    
Total stockholders' equity, ending balance at Jun. 30, 2024 716       1,819    
Net income (loss) (32)       (32)    
Total stockholders' equity, ending balance at Sep. 30, 2024 645       1,749    
Total stockholders' equity, beginning balance at Dec. 31, 2024 $ 588 $ 2 $ (1,804) 1,055 1,701 (367) 1
Shares, beginning balance at Dec. 31, 2024   198,300,033          
Treasury Shares, beginning balance at Dec. 31, 2024 48,871,602   48,871,602        
Common stock issued - compensation plans       1 (1)    
Common stock issued - compensation plans (in shares)   127,233 (1,405)        
Exercise of stock options, net (in shares)   10,952          
Stock-based compensation expense $ 5     5      
Cancellation of unissued stock awards withheld to cover taxes (1)     (1)      
Net income (loss) (4)       (4)    
Dividends (37)       (37)    
Other comprehensive income, after-tax 29         29  
Total stockholders' equity, ending balance at Mar. 31, 2025 $ 580 $ 2 $ (1,804) $ 1,060 $ 1,659 $ (338) $ 1
Shares, ending balance at Mar. 31, 2025   198,438,218          
Treasury Shares, ending balance at Mar. 31, 2025 48,870,197   48,870,197