v3.25.1
INTERIM CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Millions
Total
Total MVW Stockholders' Equity
Common Stock
Treasury Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Loss
Retained Earnings
Noncontrolling Interests
Beginning balance (in shares) at Dec. 31, 2023     75,800,000          
Beginning balance at Dec. 31, 2023 $ 2,382 $ 2,382 $ 1 $ (2,332) $ 3,955 $ 16 $ 742 $ 0
Increase (Decrease) in Stockholders' Equity                
Net income 46 47         47 (1)
Foreign currency translation adjustments 1 1       1    
Derivative instrument adjustment (2) (2)       (2)    
Share-based compensation plans 1 1   5 (4)      
Repurchase of common stock (24) (24)   (24)        
Dividends (26) (26)         (26)  
Ending balance (in shares) at Mar. 31, 2024     75,800,000          
Ending balance at Mar. 31, 2024 $ 2,378 2,379 $ 1 (2,351) 3,951 15 763 (1)
Beginning balance (in shares) at Dec. 31, 2024 75,852,678   75,900,000          
Beginning balance at Dec. 31, 2024 $ 2,441 2,442 $ 1 (2,378) 3,975 (8) 852 (1)
Increase (Decrease) in Stockholders' Equity                
Net income 57 56         56 1
Foreign currency translation adjustments (1) (1)       (1)    
Derivative instrument adjustment 0              
Share-based compensation plans 1 1   8 (7)      
Repurchase of common stock (36) (36)   (36)        
Dividends $ (27) (27)         (27)  
Ending balance (in shares) at Mar. 31, 2025 75,855,593   75,900,000          
Ending balance at Mar. 31, 2025 $ 2,435 $ 2,435 $ 1 $ (2,406) $ 3,968 $ (9) $ 881 $ 0