This formatting style is used to create list style information. There can be two types of lists:
1. Ordered List
2. Unordered List

Apply Bullets and Numbering:
Home Tab–>Paragraph Group

Demote bullet/number level: Tab
Promote Bullet/number level: Shift+Tab

stop bullets/numbering style: Press Enter at empty bullet

create next line in the same bullet: Shift+Enter