Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Stockholders' Equity

v3.21.2
Consolidated Statements of Stockholders' Equity - USD ($)
$ in Millions
Total
Common Stock
Treasury Stock
Additional Paid-in Capital
Accumulated Deficit
Non-controlling Interest
Common Stock, Shares, Outstanding, Beginning of Period at Dec. 31, 2019 253,600,000          
Treasury Stock, Shares, Beginning of Period at Dec. 31, 2019 17,100,000          
Stockholders' Equity, Beginning of Period at Dec. 31, 2019 $ 2,435 $ 1 $ (674) $ 4,167 $ (3,508) $ 2,449
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Vesting of restricted stock units and performance stock units, shares   2,100,000 0      
Vesting of restricted stock units and performance stock units 0 $ 0 $ 0 0 0 0
Share-based compensation 29 $ 0 $ 0 29 0 0
Issued shares withheld from employees related to share-based compensation, at cost, shares, common stock   (700,000)        
Issued shares withheld from employees related to share-based compensation, at cost, shares, treasury shares     700,000      
Issued shares withheld from employees related to share-based compensation, at cost (39) $ 0 $ (39) 0 0 0
Shares repurchased, at cost, shares   (2,900,000) 2,900,000      
Shares repurchased, at cost (155) $ 0 $ (155) 0 0 0
Net income attributable to non-controlling interest 228 0 0 0 0 228
Distributions to non-controlling interest (154) 0 0 0 0 (154)
Net income (loss) $ 375 0 0 0 375 0
Common Stock, Shares, Outstanding, End of Period at Mar. 31, 2020 252,100,000          
Treasury Stock, Shares, End of Period at Mar. 31, 2020 20,700,000          
Stockholders' Equity, End of Period at Mar. 31, 2020 $ 2,719 1 (868) 4,196 (3,133) 2,523
Common Stock, Shares, Outstanding, Beginning of Period at Dec. 31, 2019 253,600,000          
Treasury Stock, Shares, Beginning of Period at Dec. 31, 2019 17,100,000          
Stockholders' Equity, Beginning of Period at Dec. 31, 2019 $ 2,435 1 (674) 4,167 (3,508) 2,449
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Shares repurchased, at cost, shares 2,900,000          
Net income attributable to non-controlling interest $ 390          
Net income (loss) $ 109          
Common Stock, Shares, Outstanding, End of Period at Sep. 30, 2020 252,200,000          
Treasury Stock, Shares, End of Period at Sep. 30, 2020 20,800,000          
Stockholders' Equity, End of Period at Sep. 30, 2020 $ 2,347 1 (872) 4,246 (3,399) 2,371
Common Stock, Shares, Outstanding, Beginning of Period at Mar. 31, 2020 252,100,000          
Treasury Stock, Shares, Beginning of Period at Mar. 31, 2020 20,700,000          
Stockholders' Equity, Beginning of Period at Mar. 31, 2020 $ 2,719 $ 1 $ (868) 4,196 (3,133) 2,523
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Vesting of restricted stock units and performance stock units, shares   100,000 0      
Vesting of restricted stock units and performance stock units 0 $ 0 $ 0 0 0 0
Share-based compensation 31 $ 0 $ 0 31 0 0
Issued shares withheld from employees related to share-based compensation, at cost, shares, common stock   0        
Issued shares withheld from employees related to share-based compensation, at cost, shares, treasury shares     0      
Issued shares withheld from employees related to share-based compensation, at cost (2) $ 0 $ (2) 0 0 0
Net income attributable to non-controlling interest 207 0 0 0 0 207
Distributions to non-controlling interest (156) 0 0 0 0 (156)
Net income (loss) $ 197 0 0 0 197 0
Common Stock, Shares, Outstanding, End of Period at Jun. 30, 2020 252,200,000          
Treasury Stock, Shares, End of Period at Jun. 30, 2020 20,700,000          
Stockholders' Equity, End of Period at Jun. 30, 2020 $ 2,996 $ 1 $ (870) 4,227 (2,936) 2,574
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Vesting of restricted stock units and performance stock units, shares   100,000 0      
Vesting of restricted stock units and performance stock units 0 $ 0 $ 0 0 0 0
Share-based compensation 26 $ 0 $ 0 26 0 0
Issued shares withheld from employees related to share-based compensation, at cost, shares, common stock   (100,000)        
Issued shares withheld from employees related to share-based compensation, at cost, shares, treasury shares     100,000      
Issued shares withheld from employees related to share-based compensation, at cost $ (2) $ 0 $ (2) 0 0 0
Shares repurchased, at cost, shares 0          
Net income attributable to non-controlling interest $ (45) 0 0 0 0 (45)
Reacquisition of equity component of convertible notes, net of tax (7) 0 0 (7) 0 0
Distributions to non-controlling interest (158) 0 0 0 0 (158)
Net income (loss) $ (463) 0 0 0 (463) 0
Common Stock, Shares, Outstanding, End of Period at Sep. 30, 2020 252,200,000          
Treasury Stock, Shares, End of Period at Sep. 30, 2020 20,800,000          
Stockholders' Equity, End of Period at Sep. 30, 2020 $ 2,347 1 (872) 4,246 (3,399) 2,371
Common Stock, Shares, Outstanding, Beginning of Period at Dec. 31, 2020 252,300,000          
Treasury Stock, Shares, Beginning of Period at Dec. 31, 2020 20,800,000          
Stockholders' Equity, Beginning of Period at Dec. 31, 2020 $ 2,218 $ 1 $ (872) 4,273 (3,593) 2,409
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Vesting of restricted stock units and performance stock units, shares   1,800,000 0      
Vesting of restricted stock units and performance stock units 0 $ 0 $ 0 0 0 0
Share-based compensation 33 $ 0 $ 0 33 0 0
Issued shares withheld from employees related to share-based compensation, at cost, shares, common stock   (600,000)        
Issued shares withheld from employees related to share-based compensation, at cost, shares, treasury shares     600,000      
Issued shares withheld from employees related to share-based compensation, at cost (42) $ 0 $ (42) 0 0 0
Net income attributable to non-controlling interest 178 0 0 0 0 178
Distributions to non-controlling interest (160) 0 0 0 0 (160)
Net income (loss) $ 393 0 0 0 393 0
Common Stock, Shares, Outstanding, End of Period at Mar. 31, 2021 253,500,000          
Treasury Stock, Shares, End of Period at Mar. 31, 2021 21,400,000          
Stockholders' Equity, End of Period at Mar. 31, 2021 $ 2,620 1 (914) 4,306 (3,200) 2,427
Common Stock, Shares, Outstanding, Beginning of Period at Dec. 31, 2020 252,300,000          
Treasury Stock, Shares, Beginning of Period at Dec. 31, 2020 20,800,000          
Stockholders' Equity, Beginning of Period at Dec. 31, 2020 $ 2,218 1 (872) 4,273 (3,593) 2,409
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Shares repurchased, at cost, shares 100,000          
Net income attributable to non-controlling interest $ 544          
Net income (loss) $ (1,020)          
Common Stock, Shares, Outstanding, End of Period at Sep. 30, 2021 253,500,000          
Treasury Stock, Shares, End of Period at Sep. 30, 2021 21,600,000          
Stockholders' Equity, End of Period at Sep. 30, 2021 $ 1,213 1 (924) 4,364 (4,698) 2,470
Common Stock, Shares, Outstanding, Beginning of Period at Mar. 31, 2021 253,500,000          
Treasury Stock, Shares, Beginning of Period at Mar. 31, 2021 21,400,000          
Stockholders' Equity, Beginning of Period at Mar. 31, 2021 $ 2,620 $ 1 $ (914) 4,306 (3,200) 2,427
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Vesting of restricted stock units and performance stock units, shares   100,000 0      
Vesting of restricted stock units and performance stock units 0 $ 0 $ 0 0 0 0
Share-based compensation 31 $ 0 $ 0 31 0 0
Issued shares withheld from employees related to share-based compensation, at cost, shares, common stock   0        
Issued shares withheld from employees related to share-based compensation, at cost, shares, treasury shares     0      
Issued shares withheld from employees related to share-based compensation, at cost (1) $ 0 $ (1) 0 0 0
Net income attributable to non-controlling interest 198 0 0 0 0 198
Distributions to non-controlling interest (162) 0 0 0 0 (162)
Net income (loss) $ (329) 0 0 0 (329) 0
Common Stock, Shares, Outstanding, End of Period at Jun. 30, 2021 253,600,000          
Treasury Stock, Shares, End of Period at Jun. 30, 2021 21,400,000          
Stockholders' Equity, End of Period at Jun. 30, 2021 $ 2,357 $ 1 $ (915) 4,337 (3,529) 2,463
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Vesting of restricted stock units and performance stock units, shares   100,000 0      
Vesting of restricted stock units and performance stock units 0 $ 0 $ 0 0 0 0
Share-based compensation 28 $ 0 $ 0 28 0 0
Issued shares withheld from employees related to share-based compensation, at cost, shares, common stock   (100,000)        
Issued shares withheld from employees related to share-based compensation, at cost, shares, treasury shares     100,000      
Issued shares withheld from employees related to share-based compensation, at cost $ (4) $ 0 $ (3) (1) 0 0
Shares repurchased, at cost, shares 100,000 (100,000) 100,000      
Shares repurchased, at cost $ (6) $ 0 $ (6) 0 0 0
Net income attributable to non-controlling interest 168 0 0 0 0 168
Distributions to non-controlling interest (161) 0 0 0 0 (161)
Dividends declared ($0.33 per common share) (85) 0 0 0 (85) 0
Net income (loss) $ (1,084) 0 0 0 (1,084) 0
Common Stock, Shares, Outstanding, End of Period at Sep. 30, 2021 253,500,000          
Treasury Stock, Shares, End of Period at Sep. 30, 2021 21,600,000          
Stockholders' Equity, End of Period at Sep. 30, 2021 $ 1,213 $ 1 $ (924) $ 4,364 $ (4,698) $ 2,470