10-K Filing

MRC GLOBAL INC. CIK: 1439095 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0001437749-22-003524`
Period End Date	20211231
Filing Date	20220216
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	mrc20211231_10k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 81 Income Statement 51 Cash Flow Statement 114 Stockholders Equity 34 Comprehensive Income 15

Balance Sheet 81 line items

Line Item	Tag	Value	Unit	Period
Series A Convertible Perpetual Preferred Stock, dividend rate	`TemporaryEquityDividendRatePercentage`	0.07	pure	Point-in-time
Series A Convertible Perpetual Preferred Stock, dividend rate	`TemporaryEquityDividendRatePercentage`	0.07	pure	Point-in-time
Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$48.00M	USD	Point-in-time
Series A Convertible Perpetual Preferred Stock, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$32.00M	USD	Point-in-time
Series A Convertible Perpetual Preferred Stock, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$119.00M	USD	Point-in-time
Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$43.00M	USD	Point-in-time
Series A Convertible Perpetual Preferred Stock, shares authorized (in shares)	`TemporaryEquitySharesAuthorized`	363,000.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$319.00M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$379.00M	USD	Point-in-time
Series A Convertible Perpetual Preferred Stock, shares authorized (in shares)	`TemporaryEquitySharesAuthorized`	363,000.00	shares	Point-in-time
Inventories, net	`InventoryNet`	$453.00M	USD	Point-in-time
Inventories, net	`InventoryNet`	$509.00M	USD	Point-in-time
Series A Convertible Perpetual Preferred Stock, shares issued (in shares)	`TemporaryEquitySharesIssued`	363,000.00	shares	Point-in-time
Series A Convertible Perpetual Preferred Stock, shares issued (in shares)	`TemporaryEquitySharesIssued`	363,000.00	shares	Point-in-time
Series A Convertible Perpetual Preferred Stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	363,000.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$19.00M	USD	Point-in-time
Series A Convertible Perpetual Preferred Stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	363,000.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$19.00M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$899.00M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$966.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$200.00M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	106.32M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	107.28M	shares	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$191.00M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockShares`	24.22M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$91.00M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockShares`	24.22M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$103.00M	USD	Point-in-time
Other assets	`OtherAssetsMiscellaneousNoncurrent`	$19.00M	USD	Point-in-time
Other assets	`OtherAssetsMiscellaneousNoncurrent`	$22.00M	USD	Point-in-time
Goodwill, net	`Goodwill`	$483.00M	USD	Point-in-time
Goodwill, net	`Goodwill`	$264.00M	USD	Point-in-time
Goodwill, net	`Goodwill`	$264.00M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$229.00M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$204.00M	USD	Point-in-time
Assets, Total	`Assets`	$1.78B	USD	Point-in-time
Assets, Total	`Assets`	$1.67B	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$264.00M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$321.00M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$80.00M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$94.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$33.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$37.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$4.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$2.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$436.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$399.00M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$295.00M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$379.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$177.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$187.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$53.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$70.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$32.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$41.00M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
6.5% Series A Convertible Perpetual Preferred Stock, $0.01 par value; authorized 363,000 shares; 363,000 shares issued and outstanding	`TemporaryEquityCarryingAmountAttributableToParent`	$355.00M	USD	Point-in-time
6.5% Series A Convertible Perpetual Preferred Stock, $0.01 par value; authorized 363,000 shares; 363,000 shares issued and outstanding	`TemporaryEquityCarryingAmountAttributableToParent`	$355.00M	USD	Point-in-time
Common stock, $0.01 par value per share: 500 million shares authorized, 107,284,171 and 106,315,296 issued, respectively	`CommonStockValue`	$1.00M	USD	Point-in-time
Common stock, $0.01 par value per share: 500 million shares authorized, 107,284,171 and 106,315,296 issued, respectively	`CommonStockValue`	$1.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.75B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.74B	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-781.00M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-819.00M	USD	Point-in-time
Treasury stock at cost: 24,216,330 shares	`TreasuryStockValue`	$375.00M	USD	Point-in-time
Treasury stock at cost: 24,216,330 shares	`TreasuryStockValue`	$375.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-234.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-231.00M	USD	Point-in-time
Stockholders' Equity Attributable to Parent, Ending Balance	`StockholdersEquity`	$323.00M	USD	Point-in-time
Stockholders' Equity Attributable to Parent, Ending Balance	`StockholdersEquity`	$642.00M	USD	Point-in-time
Stockholders' Equity Attributable to Parent, Ending Balance	`StockholdersEquity`	$350.00M	USD	Point-in-time
Stockholders' Equity Attributable to Parent, Ending Balance	`StockholdersEquity`	$692.00M	USD	Point-in-time
Liabilities and Equity, Total	`LiabilitiesAndStockholdersEquity`	$1.78B	USD	Point-in-time
Liabilities and Equity, Total	`LiabilitiesAndStockholdersEquity`	$1.67B	USD	Point-in-time

Income Statement 51 line items

Line Item	Tag	Value	Unit	Period
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.67B	USD	Annual
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.66B	USD	Annual
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.56B	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$2.13B	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$2.25B	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$3.01B	USD	Annual
Gross profit	`GrossProfit`	$431.00M	USD	Annual
Gross profit	`GrossProfit`	$417.00M	USD	Annual
Gross profit	`GrossProfit`	$653.00M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$410.00M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$550.00M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$449.00M	USD	Annual
Goodwill and intangible asset impairment	`GoodwillAndIntangibleAssetImpairmentExcludingLeaseImpairment`	-	USD	Annual
Goodwill and intangible asset impairment	`GoodwillAndIntangibleAssetImpairmentExcludingLeaseImpairment`	-	USD	Annual
Goodwill and intangible asset impairment	`GoodwillAndIntangibleAssetImpairmentExcludingLeaseImpairment`	$242.00M	USD	Annual
Operating income (loss)	`OperatingIncomeLoss`	$103.00M	USD	Annual
Operating income (loss)	`OperatingIncomeLoss`	$-260.00M	USD	Annual
Operating income (loss)	`OperatingIncomeLoss`	$7.00M	USD	Annual
Interest expense	`InterestExpense`	$40.00M	USD	Annual
Interest expense	`InterestExpense`	$28.00M	USD	Annual
Interest expense	`InterestExpense`	$23.00M	USD	Annual
Other, net	`OtherNonoperatingIncomeExpense`	$3.00M	USD	Annual
Other, net	`OtherNonoperatingIncomeExpense`	$5.00M	USD	Annual
Other, net	`OtherNonoperatingIncomeExpense`	$2.00M	USD	Annual
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-283.00M	USD	Annual
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-14.00M	USD	Annual
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$66.00M	USD	Annual
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	-	USD	Annual
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$27.00M	USD	Annual
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-9.00M	USD	Annual
Net (loss) income	`NetIncomeLoss`	$-274.00M	USD	Annual
Net (loss) income	`NetIncomeLoss`	$-14.00M	USD	Annual
Net (loss) income	`NetIncomeLoss`	$39.00M	USD	Annual
Series A preferred stock dividends	`PreferredStockDividendsAndOtherAdjustments`	$24.00M	USD	Annual
Series A preferred stock dividends	`PreferredStockDividendsAndOtherAdjustments`	$24.00M	USD	Annual
Series A preferred stock dividends	`PreferredStockDividendsAndOtherAdjustments`	$24.00M	USD	Annual
Net (loss) income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$15.00M	USD	Annual
Net (loss) income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-298.00M	USD	Annual
Net (loss) income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-38.00M	USD	Annual
Basic (loss) earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$0.18	USD	Annual
Basic (loss) earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$-0.46	USD	Annual
Basic (loss) earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$-3.63	USD	Annual
Diluted (loss) earnings per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.18	USD	Annual
Diluted (loss) earnings per common share (in dollars per share)	`EarningsPerShareDiluted`	$-3.63	USD	Annual
Diluted (loss) earnings per common share (in dollars per share)	`EarningsPerShareDiluted`	$-0.46	USD	Annual
Weighted-average common shares, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	82.00M	shares	Annual
Weighted-average common shares, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	83.00M	shares	Annual
Weighted-average common shares, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	82.50M	shares	Annual
Weighted-average common shares, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	83.90M	shares	Annual
Weighted-average common shares, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	82.50M	shares	Annual
Weighted-average common shares, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	82.00M	shares	Annual

Cash Flow Statement 114 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$-274.00M	USD	Annual
Net (loss) income	`NetIncomeLoss`	$-14.00M	USD	Annual
Net (loss) income	`NetIncomeLoss`	$39.00M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortizationGross`	$21.00M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortizationGross`	$19.00M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortizationGross`	$20.00M	USD	Annual
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$24.00M	USD	Annual
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$42.00M	USD	Annual
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$26.00M	USD	Annual
Equity-based compensation expense	`ShareBasedCompensation`	$12.00M	USD	Annual
Equity-based compensation expense	`ShareBasedCompensation`	$12.00M	USD	Annual
Equity-based compensation expense	`ShareBasedCompensation`	$16.00M	USD	Annual
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-15.00M	USD	Annual
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-21.00M	USD	Annual
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-5.00M	USD	Annual
Amortization of debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$2.00M	USD	Annual
Amortization of debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$1.00M	USD	Annual
Amortization of debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$1.00M	USD	Annual
Increase (decrease) in LIFO reserve	`InventoryLIFOReserveEffectOnIncomeNet`	$77.00M	USD	Annual
Increase (decrease) in LIFO reserve	`InventoryLIFOReserveEffectOnIncomeNet`	$-19.00M	USD	Annual
Increase (decrease) in LIFO reserve	`InventoryLIFOReserveEffectOnIncomeNet`	$-2.00M	USD	Annual
Goodwill and intangible asset impairment	`GoodwillAndIntangibleAssetImpairmentExcludingLeaseImpairment`	-	USD	Annual
Goodwill and intangible asset impairment	`GoodwillAndIntangibleAssetImpairmentExcludingLeaseImpairment`	-	USD	Annual
Goodwill and intangible asset impairment	`GoodwillAndIntangibleAssetImpairmentExcludingLeaseImpairment`	$242.00M	USD	Annual
Lease impairment and abandonment	`OperatingLeaseImpairmentLoss`	$14.00M	USD	Annual
Lease impairment and abandonment	`OperatingLeaseImpairmentLoss`	-	USD	Annual
Lease impairment and abandonment	`OperatingLeaseImpairmentLoss`	-	USD	Annual
Inventory-related charges	`InventoryWriteDown`	$46.00M	USD	Annual
Inventory-related charges	`InventoryWriteDown`	-	USD	Annual
Inventory-related charges	`InventoryWriteDown`	$5.00M	USD	Annual
Provision for credit losses	`ProvisionForDoubtfulAccounts`	$-1.00M	USD	Annual
Provision for credit losses	`ProvisionForDoubtfulAccounts`	$2.00M	USD	Annual
Provision for credit losses	`ProvisionForDoubtfulAccounts`	$2.00M	USD	Annual
Gain on sale leaseback	`SaleAndLeasebackTransactionGainLossNet`	$5.00M	USD	Annual
Gain on sale leaseback	`SaleAndLeasebackTransactionGainLossNet`	-	USD	Annual
Gain on sale leaseback	`SaleAndLeasebackTransactionGainLossNet`	-	USD	Annual
Other non-cash items	`OtherNoncashIncomeExpense`	-	USD	Annual
Other non-cash items	`OtherNoncashIncomeExpense`	$-5.00M	USD	Annual
Other non-cash items	`OtherNoncashIncomeExpense`	$3.00M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-127.00M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-141.00M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$61.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-173.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-95.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$27.00M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$-7.00M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$-10.00M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$2.00M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-98.00M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$60.00M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-79.00M	USD	Annual
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-3.00M	USD	Annual
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-18.00M	USD	Annual
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-35.00M	USD	Annual
Net cash provided by operations	`NetCashProvidedByUsedInOperatingActivities`	$56.00M	USD	Annual
Net cash provided by operations	`NetCashProvidedByUsedInOperatingActivities`	$242.00M	USD	Annual
Net cash provided by operations	`NetCashProvidedByUsedInOperatingActivities`	$261.00M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$18.00M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$11.00M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.00M	USD	Annual
Proceeds from the disposition of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$30.00M	USD	Annual
Proceeds from the disposition of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$29.00M	USD	Point-in-time
Proceeds from the disposition of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.00M	USD	Annual
Proceeds from the disposition of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$3.00M	USD	Annual
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	Annual
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	Annual
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-1.00M	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$19.00M	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-7.00M	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-16.00M	USD	Annual
Payments on revolving credit facilities	`RepaymentsOfLinesOfCredit`	$819.00M	USD	Annual
Payments on revolving credit facilities	`RepaymentsOfLinesOfCredit`	$1.15B	USD	Annual
Payments on revolving credit facilities	`RepaymentsOfLinesOfCredit`	$389.00M	USD	Annual
Proceeds from revolving credit facilities	`ProceedsFromLinesOfCredit`	$389.00M	USD	Annual
Proceeds from revolving credit facilities	`ProceedsFromLinesOfCredit`	$658.00M	USD	Annual
Proceeds from revolving credit facilities	`ProceedsFromLinesOfCredit`	$1.02B	USD	Annual
Payments on long-term obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$4.00M	USD	Annual
Payments on long-term obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$87.00M	USD	Annual
Payments on long-term obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$6.00M	USD	Annual
Debt issuance costs paid	`PaymentsOfDebtIssuanceCosts`	$3.00M	USD	Annual
Debt issuance costs paid	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Debt issuance costs paid	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Purchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	Annual
Purchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$75.00M	USD	Annual
Purchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	Annual
Dividends paid on preferred stock	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$24.00M	USD	Annual
Dividends paid on preferred stock	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$24.00M	USD	Annual
Dividends paid on preferred stock	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$24.00M	USD	Annual
Repurchases of shares to satisfy tax withholdings	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.00M	USD	Annual
Repurchases of shares to satisfy tax withholdings	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.00M	USD	Annual
Repurchases of shares to satisfy tax withholdings	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.00M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-238.00M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-118.00M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-195.00M	USD	Annual
(Decrease) increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-69.00M	USD	Annual
(Decrease) increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-12.00M	USD	Annual
(Decrease) increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$85.00M	USD	Annual
Effect of foreign exchange rate on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.00M	USD	Annual
Effect of foreign exchange rate on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.00M	USD	Annual
Effect of foreign exchange rate on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.00M	USD	Annual
Cash beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$48.00M	USD	Point-in-time
Cash beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$32.00M	USD	Point-in-time
Cash beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$119.00M	USD	Point-in-time
Cash beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$43.00M	USD	Point-in-time
Cash end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$48.00M	USD	Point-in-time
Cash end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$32.00M	USD	Point-in-time
Cash end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$119.00M	USD	Point-in-time
Cash end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$43.00M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$39.00M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$27.00M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$21.00M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaidNet`	$34.00M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaidNet`	$3.00M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaidNet`	$15.00M	USD	Annual

Stockholders Equity 34 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$323.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$642.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$350.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$692.00M	USD	Point-in-time
Net (loss) income	`NetIncomeLoss`	$-274.00M	USD	Annual
Net (loss) income	`NetIncomeLoss`	$-14.00M	USD	Annual
Net (loss) income	`NetIncomeLoss`	$39.00M	USD	Annual
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.00M	USD	Annual
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.00M	USD	Annual
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$5.00M	USD	Annual
Hedge accounting adjustments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-5.00M	USD	Annual
Hedge accounting adjustments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-4.00M	USD	Annual
Hedge accounting adjustments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$6.00M	USD	Annual
Shares withheld for taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.00M	USD	Annual
Shares withheld for taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.00M	USD	Annual
Shares withheld for taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.00M	USD	Annual
Equity-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.00M	USD	Annual
Equity-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.00M	USD	Annual
Equity-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.00M	USD	Annual
Dividends declared on preferred stock	`DividendsPreferredStock`	$24.00M	USD	Annual
Dividends declared on preferred stock	`DividendsPreferredStock`	$24.00M	USD	Annual
Dividends declared on preferred stock	`DividendsPreferredStock`	$24.00M	USD	Annual
Purchase of common stock (in shares)	`TreasuryStockSharesAcquired`	4.87M	shares	Annual
Purchase of common stock (in shares)	`TreasuryStockSharesAcquired`	24.22M	shares	25 Qtrs
Purchase of common stock (in shares)	`TreasuryStockSharesAcquired`	0.00	shares	Annual
Purchase of common stock (in shares)	`TreasuryStockSharesAcquired`	0.00	shares	Annual
Purchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$375.00M	USD	25 Qtrs
Purchase of common stock	`TreasuryStockValueAcquiredCostMethod`	-	USD	Annual
Purchase of common stock	`TreasuryStockValueAcquiredCostMethod`	-	USD	Annual
Purchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$75.00M	USD	Annual
Balance	`StockholdersEquity`	$323.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$642.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$350.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$692.00M	USD	Point-in-time

Comprehensive Income 15 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$-274.00M	USD	Annual
Net (loss) income	`NetIncomeLoss`	$-14.00M	USD	Annual
Net (loss) income	`NetIncomeLoss`	$39.00M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.00M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.00M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$5.00M	USD	Annual
Hedge accounting adjustments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-5.00M	USD	Annual
Hedge accounting adjustments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-4.00M	USD	Annual
Hedge accounting adjustments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$6.00M	USD	Annual
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$3.00M	USD	Annual
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-2.00M	USD	Annual
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	Annual
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-276.00M	USD	Annual
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-11.00M	USD	Annual
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$39.00M	USD	Annual

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