10-Q Filing

GARRETT MOTION INC. CIK: 1735707 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001735707-23-000074`
Period End Date	20230930
Filing Date	20231024
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	gtx-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 80 Cash Flow Statement 84 Stockholders Equity 44 Comprehensive Income 32

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$246.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$162.00M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$1.00M	USD	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$2.00M	USD	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Accounts, notes and other receivables net (Note 6)	`AccountsAndOtherReceivablesNetCurrent`	$803.00M	USD	Point-in-time
Accounts, notes and other receivables net (Note 6)	`AccountsAndOtherReceivablesNetCurrent`	$860.00M	USD	Point-in-time
Inventories net (Note 8)	`InventoryNet`	$270.00M	USD	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	64.94M	shares	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	243.31M	shares	Point-in-time
Inventories net (Note 8)	`InventoryNet`	$294.00M	USD	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	64.83M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$73.00M	USD	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	243.01M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$110.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.43B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.39B	USD	Point-in-time
Investments and long-term receivables	`LongTermInvestmentsAndReceivablesNet`	$30.00M	USD	Point-in-time
Investments and long-term receivables	`LongTermInvestmentsAndReceivablesNet`	$32.00M	USD	Point-in-time
Property, plant and equipment net	`PropertyPlantAndEquipmentNet`	$470.00M	USD	Point-in-time
Property, plant and equipment net	`PropertyPlantAndEquipmentNet`	$437.00M	USD	Point-in-time
Goodwill	`Goodwill`	$193.00M	USD	Point-in-time
Goodwill	`Goodwill`	$193.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$225.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$232.00M	USD	Point-in-time
Other assets (Note 9)	`OtherAssetsNoncurrent`	$255.00M	USD	Point-in-time
Other assets (Note 9)	`OtherAssetsNoncurrent`	$281.00M	USD	Point-in-time
Total assets	`Assets`	$2.53B	USD	Point-in-time
Total assets	`Assets`	$2.64B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.05B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.07B	USD	Point-in-time
Current maturities of long-term debt (Note 14)	`LongTermDebtCurrent`	$7.00M	USD	Point-in-time
Current maturities of long-term debt (Note 14)	`LongTermDebtCurrent`	$7.00M	USD	Point-in-time
Accrued liabilities (Note 11)	`AccruedLiabilitiesCurrent`	$312.00M	USD	Point-in-time
Accrued liabilities (Note 11)	`AccruedLiabilitiesCurrent`	$320.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.39B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.38B	USD	Point-in-time
Long-term debt (Note 14)	`LongTermDebtNoncurrent`	$1.15B	USD	Point-in-time
Long-term debt (Note 14)	`LongTermDebtNoncurrent`	$1.62B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$21.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$25.00M	USD	Point-in-time
Other liabilities (Note 12)	`OtherLiabilitiesNoncurrent`	$196.00M	USD	Point-in-time
Other liabilities (Note 12)	`OtherLiabilitiesNoncurrent`	$205.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.22B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.75B	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 20)	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 20)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common Stock, par value $0.001; 1,000,000,000 and 1,000,000,000 shares authorized, 243,305,848 and 64,943,238 issued and 243,011,280 and 64,832,609 outstanding as of September 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	-	USD	Point-in-time
Common Stock, par value $0.001; 1,000,000,000 and 1,000,000,000 shares authorized, 243,305,848 and 64,943,238 issued and 243,011,280 and 64,832,609 outstanding as of September 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	-	USD	Point-in-time
Additional paidin capital	`AdditionalPaidInCapital`	$1.33B	USD	Point-in-time
Additional paidin capital	`AdditionalPaidInCapital`	$1.19B	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-1.94B	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-1.49B	USD	Point-in-time
Accumulated other comprehensive income (Note 17)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$59.00M	USD	Point-in-time
Accumulated other comprehensive income (Note 17)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$36.00M	USD	Point-in-time
Total deficit	`StockholdersEquity`	$-102.00M	USD	Point-in-time
Total deficit	`StockholdersEquity`	$-231.00M	USD	Point-in-time
Total deficit	`StockholdersEquity`	$-116.00M	USD	Point-in-time
Total deficit	`StockholdersEquity`	$-468.00M	USD	Point-in-time
Total deficit	`StockholdersEquity`	$-692.00M	USD	Point-in-time
Total deficit	`StockholdersEquity`	$-357.00M	USD	Point-in-time
Total deficit	`StockholdersEquity`	$-80.00M	USD	Point-in-time
Total deficit	`StockholdersEquity`	$-623.00M	USD	Point-in-time
Total liabilities and deficit	`LiabilitiesAndStockholdersEquity`	$2.53B	USD	Point-in-time
Total liabilities and deficit	`LiabilitiesAndStockholdersEquity`	$2.64B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net sales (Note 3)	`Revenues`	$2.94B	USD	3 Qtrs
Net sales (Note 3)	`Revenues`	$945.00M	USD	1 Quarter
Net sales (Note 3)	`Revenues`	$2.71B	USD	3 Qtrs
Net sales (Note 3)	`Revenues`	$960.00M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$784.00M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$767.00M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$2.18B	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$2.37B	USD	3 Qtrs
Gross profit	`GrossProfit`	$178.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$176.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$567.00M	USD	3 Qtrs
Gross profit	`GrossProfit`	$522.00M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$57.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$59.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$178.00M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$164.00M	USD	3 Qtrs
Other expense, net	`OtherOperatingIncomeExpenseNet`	$-1.00M	USD	1 Quarter
Other expense, net	`OtherOperatingIncomeExpenseNet`	$-1.00M	USD	1 Quarter
Other expense, net	`OtherOperatingIncomeExpenseNet`	$-2.00M	USD	3 Qtrs
Other expense, net	`OtherOperatingIncomeExpenseNet`	$-3.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$18.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$61.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$50.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$108.00M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-5.00M	USD	3 Qtrs
Non-operating income	`NonoperatingIncomeExpense`	$4.00M	USD	1 Quarter
Non-operating income	`NonoperatingIncomeExpense`	$73.00M	USD	3 Qtrs
Non-operating income	`NonoperatingIncomeExpense`	$1.00M	USD	3 Qtrs
Non-operating income	`NonoperatingIncomeExpense`	$29.00M	USD	1 Quarter
Reorganization items, net	`ReorganizationItems`	-	USD	1 Quarter
Reorganization items, net	`ReorganizationItems`	$2.00M	USD	3 Qtrs
Reorganization items, net	`ReorganizationItems`	-	USD	1 Quarter
Reorganization items, net	`ReorganizationItems`	-	USD	3 Qtrs
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$70.00M	USD	1 Quarter
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$279.00M	USD	3 Qtrs
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$131.00M	USD	1 Quarter
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$361.00M	USD	3 Qtrs
Tax expense (Note 5)	`IncomeTaxExpenseBenefit`	$26.00M	USD	1 Quarter
Tax expense (Note 5)	`IncomeTaxExpenseBenefit`	$13.00M	USD	1 Quarter
Tax expense (Note 5)	`IncomeTaxExpenseBenefit`	$70.00M	USD	3 Qtrs
Tax expense (Note 5)	`IncomeTaxExpenseBenefit`	$83.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$85.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$88.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$71.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$81.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$105.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$209.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$57.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$278.00M	USD	3 Qtrs
Less: preferred stock dividends (Note 15)	`PreferredStockDividendsIncomeStatementImpact`	-	USD	1 Quarter
Less: preferred stock dividends (Note 15)	`PreferredStockDividendsIncomeStatementImpact`	$40.00M	USD	1 Quarter
Less: preferred stock dividends (Note 15)	`PreferredStockDividendsIncomeStatementImpact`	$80.00M	USD	3 Qtrs
Less: preferred stock dividends (Note 15)	`PreferredStockDividendsIncomeStatementImpact`	$117.00M	USD	3 Qtrs
Less: preferred stock deemed dividends (Note 15)	`RedeemablePreferredStockDividends`	-	USD	1 Quarter
Less: preferred stock deemed dividends (Note 15)	`RedeemablePreferredStockDividends`	$232.00M	USD	3 Qtrs
Less: preferred stock deemed dividends (Note 15)	`RedeemablePreferredStockDividends`	-	USD	3 Qtrs
Less: preferred stock deemed dividends (Note 15)	`RedeemablePreferredStockDividends`	-	USD	1 Quarter
Net income (loss) available for distribution	`NetIncomeLossAvailableForDistribution`	$65.00M	USD	1 Quarter
Net income (loss) available for distribution	`NetIncomeLossAvailableForDistribution`	$161.00M	USD	3 Qtrs
Net income (loss) available for distribution	`NetIncomeLossAvailableForDistribution`	$-103.00M	USD	3 Qtrs
Net income (loss) available for distribution	`NetIncomeLossAvailableForDistribution`	$57.00M	USD	1 Quarter
Earnings per common share, basic (in USD per share)	`EarningsPerShareBasic`	$0.52	USD	3 Qtrs
Earnings per common share, basic (in USD per share)	`EarningsPerShareBasic`	$0.21	USD	1 Quarter
Earnings per common share, basic (in USD per share)	`EarningsPerShareBasic`	$0.23	USD	1 Quarter
Earnings per common share, basic (in USD per share)	`EarningsPerShareBasic`	$-0.73	USD	3 Qtrs
Earnings per common share, diluted (in USD per share)	`EarningsPerShareDiluted`	$0.52	USD	3 Qtrs
Earnings per common share, diluted (in USD per share)	`EarningsPerShareDiluted`	$0.21	USD	1 Quarter
Earnings per common share, diluted (in USD per share)	`EarningsPerShareDiluted`	$0.23	USD	1 Quarter
Earnings per common share, diluted (in USD per share)	`EarningsPerShareDiluted`	$-0.73	USD	3 Qtrs
Weighted average common shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	250.89M	shares	1 Quarter
Weighted average common shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	64.82M	shares	1 Quarter
Weighted average common shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	141.75M	shares	3 Qtrs
Weighted average common shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	64.83M	shares	3 Qtrs
Weighted average common shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	252.38M	shares	1 Quarter
Weighted average common shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	65.25M	shares	1 Quarter
Weighted average common shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	65.12M	shares	3 Qtrs
Weighted average common shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	141.75M	shares	3 Qtrs

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$278.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$209.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$13.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$16.00M	USD	3 Qtrs
Depreciation	`Depreciation`	$64.00M	USD	3 Qtrs
Depreciation	`Depreciation`	$66.00M	USD	3 Qtrs
Amortization of deferred issuance costs	`AmortizationOfDeferredIssuanceCosts`	$17.00M	USD	3 Qtrs
Amortization of deferred issuance costs	`AmortizationOfDeferredIssuanceCosts`	$6.00M	USD	3 Qtrs
Interest payments, net of debt discount accretion	`InterestPaidNetOfDebtDiscountAccretion`	-	USD	3 Qtrs
Interest payments, net of debt discount accretion	`InterestPaidNetOfDebtDiscountAccretion`	$19.00M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-5.00M	USD	3 Qtrs
Loss on remeasurement of forward purchase contract	`GainLossOnRemeasurementOfForwardPurchaseContract`	-	USD	3 Qtrs
Loss on remeasurement of forward purchase contract	`GainLossOnRemeasurementOfForwardPurchaseContract`	$-13.00M	USD	3 Qtrs
Loss on remeasurement of forward purchase contract	`GainLossOnRemeasurementOfForwardPurchaseContract`	$-13.00M	USD	Point-in-time
Foreign exchange loss	`ForeignCurrencyTransactionGainLossExcludingHedgesBeforeTax`	-	USD	3 Qtrs
Foreign exchange loss	`ForeignCurrencyTransactionGainLossExcludingHedgesBeforeTax`	$-4.00M	USD	3 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$12.00M	USD	3 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$8.00M	USD	3 Qtrs
Pension expense	`PensionExpenseReversalOfExpenseNoncash`	-	USD	3 Qtrs
Pension expense	`PensionExpenseReversalOfExpenseNoncash`	$1.00M	USD	3 Qtrs
Change in fair value of derivatives	`UnrealizedGainLossOnDerivatives`	$-21.00M	USD	3 Qtrs
Change in fair value of derivatives	`UnrealizedGainLossOnDerivatives`	$54.00M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-7.00M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-2.00M	USD	3 Qtrs
Accounts, notes and other receivables	`IncreaseDecreaseInAccountsNotesAndOtherReceivables`	$76.00M	USD	3 Qtrs
Accounts, notes and other receivables	`IncreaseDecreaseInAccountsNotesAndOtherReceivables`	$166.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$30.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$80.00M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-13.00M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-2.00M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$57.00M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$180.00M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-2.00M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$26.00M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-8.00M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-17.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$330.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$238.00M	USD	3 Qtrs
Expenditures for property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$57.00M	USD	3 Qtrs
Expenditures for property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$78.00M	USD	3 Qtrs
Re-couponing of cross-currency swap contract	`ProceedsFromHedgeInvestingActivities`	$9.00M	USD	3 Qtrs
Re-couponing of cross-currency swap contract	`ProceedsFromHedgeInvestingActivities`	-	USD	3 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-48.00M	USD	3 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-78.00M	USD	3 Qtrs
Proceeds from issuance of long-term debt, net of debt financing costs	`ProceedsFromIssuanceOfSeniorSecuredDebtAndTermLoanNetOfDeferredFinancingCosts`	-	USD	3 Qtrs
Proceeds from issuance of long-term debt, net of debt financing costs	`ProceedsFromIssuanceOfSeniorSecuredDebtAndTermLoanNetOfDeferredFinancingCosts`	$667.00M	USD	3 Qtrs
Payments of long-term debt	`RepaymentsOfLongTermDebtAndAccruedInterest`	$5.00M	USD	3 Qtrs
Payments of long-term debt	`RepaymentsOfLongTermDebtAndAccruedInterest`	$205.00M	USD	3 Qtrs
Redemption of Series B Preferred Stock	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$381.00M	USD	3 Qtrs
Redemption of Series B Preferred Stock	`PaymentsForRepurchaseOfRedeemablePreferredStock`	-	USD	3 Qtrs
Repurchases of Series A Preferred Stock	`PaymentsForRepurchaseOfPreferredStockAndPreferenceStock`	$4.00M	USD	3 Qtrs
Repurchases of Series A Preferred Stock	`PaymentsForRepurchaseOfPreferredStockAndPreferenceStock`	$580.00M	USD	3 Qtrs
Repurchases of Common Stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Repurchases of Common Stock	`PaymentsForRepurchaseOfCommonStock`	$178.00M	USD	3 Qtrs
Payments of Additional Amounts for conversion of Series A Preferred Stock	`PaymentsForDividendsOfConvertiblePreferredStock`	$25.00M	USD	3 Qtrs
Payments of Additional Amounts for conversion of Series A Preferred Stock	`PaymentsForDividendsOfConvertiblePreferredStock`	-	USD	3 Qtrs
Payments of Additional Amounts for conversion of Series A Preferred Stock	`PaymentsForDividendsOfConvertiblePreferredStock`	$25.00M	USD	Point-in-time
Payments for preference dividends	`PaymentsOfDividends`	$42.00M	USD	3 Qtrs
Payments for preference dividends	`PaymentsOfDividends`	$42.00M	USD	3 Qtrs
Payments for debt and revolving facility financing costs	`PaymentsOfFinancingCosts`	$2.00M	USD	3 Qtrs
Payments for debt and revolving facility financing costs	`PaymentsOfFinancingCosts`	$4.00M	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.00M	USD	3 Qtrs
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-366.00M	USD	3 Qtrs
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-436.00M	USD	3 Qtrs
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-27.00M	USD	3 Qtrs
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-1.00M	USD	3 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-85.00M	USD	3 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-303.00M	USD	3 Qtrs
Cash, cash equivalents and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$464.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$161.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$163.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$248.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$464.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$161.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$163.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$248.00M	USD	Point-in-time
Income taxes paid (net of refunds)	`IncomeTaxesPaidNet`	$38.00M	USD	3 Qtrs
Income taxes paid (net of refunds)	`IncomeTaxesPaidNet`	$38.00M	USD	3 Qtrs
Interest paid	`InterestPaidNet`	$45.00M	USD	3 Qtrs
Interest paid	`InterestPaidNet`	$56.00M	USD	3 Qtrs

Stockholders Equity 44 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$-102.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-231.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-116.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-468.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-692.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-357.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-80.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-623.00M	USD	Point-in-time
Net income	`NetIncomeLoss`	$85.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$88.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$71.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$81.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$105.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$209.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$57.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$278.00M	USD	3 Qtrs
Excise tax on share repurchases	`ExciseTaxOnShareRepurchases`	$1.00M	USD	1 Quarter
Excise tax on share repurchases	`ExciseTaxOnShareRepurchases`	$6.00M	USD	1 Quarter
Other comprehensive income/loss , net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$23.00M	USD	1 Quarter
Other comprehensive income/loss , net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$126.00M	USD	3 Qtrs
Other comprehensive income/loss , net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-6.00M	USD	1 Quarter
Other comprehensive income/loss , net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-3.00M	USD	1 Quarter
Other comprehensive income/loss , net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$64.00M	USD	1 Quarter
Other comprehensive income/loss , net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$32.00M	USD	1 Quarter
Other comprehensive income/loss , net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$39.00M	USD	1 Quarter
Other comprehensive income/loss , net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$23.00M	USD	3 Qtrs
Issuance of Common Stock for preference dividends	`StockIssuedDuringPeriodValueStockDividend`	-	USD	1 Quarter
Conversion of Series A Preferred Stock to Common Stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$-25.00M	USD	1 Quarter
Dividends	`Dividends`	$42.00M	USD	1 Quarter
Dividends	`Dividends`	$42.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.00M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$-102.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-231.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-116.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-468.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-692.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-357.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-80.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-623.00M	USD	Point-in-time

Comprehensive Income 32 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$85.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$88.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$71.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$81.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$105.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$209.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$57.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$278.00M	USD	3 Qtrs
Foreign exchange translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$13.00M	USD	3 Qtrs
Foreign exchange translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$10.00M	USD	1 Quarter
Foreign exchange translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$14.00M	USD	1 Quarter
Foreign exchange translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$8.00M	USD	3 Qtrs
Changes in fair value of effective cash flow hedges, net of tax (Note 16)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-2.00M	USD	1 Quarter
Changes in fair value of effective cash flow hedges, net of tax (Note 16)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$9.00M	USD	1 Quarter
Changes in fair value of effective cash flow hedges, net of tax (Note 16)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$26.00M	USD	3 Qtrs
Changes in fair value of effective cash flow hedges, net of tax (Note 16)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-3.00M	USD	3 Qtrs
Changes in fair value of net investment hedges, net of tax (Note 16)	`OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossAfterReclassificationNetOfTax`	$18.00M	USD	3 Qtrs
Changes in fair value of net investment hedges, net of tax (Note 16)	`OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossAfterReclassificationNetOfTax`	$45.00M	USD	1 Quarter
Changes in fair value of net investment hedges, net of tax (Note 16)	`OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossAfterReclassificationNetOfTax`	$87.00M	USD	3 Qtrs
Changes in fair value of net investment hedges, net of tax (Note 16)	`OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossAfterReclassificationNetOfTax`	$20.00M	USD	1 Quarter
Total other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$23.00M	USD	1 Quarter
Total other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$126.00M	USD	3 Qtrs
Total other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-6.00M	USD	1 Quarter
Total other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-3.00M	USD	1 Quarter
Total other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$64.00M	USD	1 Quarter
Total other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$32.00M	USD	1 Quarter
Total other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$39.00M	USD	1 Quarter
Total other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$23.00M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$404.00M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$89.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$232.00M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$169.00M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.