v3.25.0.1
Stock Based Awards and Other Equity Instruments - Summary of Activity for PSUs and MSUs (Details)
$ / shares in Units, shares in Thousands, $ in Millions
 12 Months Ended
Dec. 31, 2024
USD ($)
$ / shares
shares
PSUs  
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]  
Unvested outstanding, Beginning balance | shares 519 [1]
Unvested Shares, Granted | shares 616 [1]
Unvested Shares Cancelled | shares (153) [1]
Unvested outstanding, Ending balance | shares 982 [1]
Weighted Average Grant-Date Fair Value Per Share  
Unvested outstanding, Weighted Average Grant-Date Fair Value Per Share, Beginning balance | $ / shares $ 18.45 [1]
Weighted Average Grant-Date Fair Value Per Share, Granted | $ / shares 27.06 [1]
Weighted Average Grant-Date Fair Value Per Share, Cancelled | $ / shares 22.06 [1]
Unvested outstanding, Weighted Average Grant-Date Fair Value Per Share, Ending balance | $ / shares $ 23.28 [1]
Aggregate Intrinsic Value  
Unvested outstanding, Aggregate Intrinsic Value | $ $ 15 [1]
MSUs  
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]  
Unvested outstanding, Beginning balance | shares 572 [2]
Unvested Shares, Granted | shares 0 [2]
Unvested Shares Cancelled | shares (81) [2]
Unvested outstanding, Ending balance | shares 491 [2]
Weighted Average Grant-Date Fair Value Per Share  
Unvested outstanding, Weighted Average Grant-Date Fair Value Per Share, Beginning balance | $ / shares $ 10.35 [2]
Weighted Average Grant-Date Fair Value Per Share, Granted | $ / shares 0 [2]
Weighted Average Grant-Date Fair Value Per Share, Cancelled | $ / shares 9.26 [2]
Unvested outstanding, Weighted Average Grant-Date Fair Value Per Share, Ending balance | $ / shares $ 10.53 [2]
Aggregate Intrinsic Value  
Unvested outstanding, Aggregate Intrinsic Value | $ $ 7 [2]
[1] Represents PSUs awarded primarily in February 2023 and March 2024, representing nearly all the unvested and outstanding awards as of December 31, 2024. The February 2023 PSU awards provide for vesting in two equal annual installments on each of December 31, 2024 and December 31, 2025, if and to the extent the Company achieves pre-determined revenue and adjusted EBITDA metrics (each weighted 50%) established by the Compensation Committee and Section 16 Committee of its Board of Directors (jointly, the "Compensation Committees"). The March 2024 PSU awards provide for vesting in two equal annual installments on each of December 31, 2025 and December 31, 2026, if and to the extent the Company achieves pre-determined revenue and adjusted EBITDA metrics (each weighted 50%) established by the Compensation Committees. The estimated grant-date fair values per PSU were measured based on the quoted price of our common stock at the date of grant, calculated upon the establishment of performance targets, and are amortized on a straight-line basis over the requisite service period. Based upon actual attainment relative to the target financial metrics, employees have the ability to receive up to 200% of the target number originally granted, or to be issued none at all. Probable outcome for performance-based awards is updated based upon changes in actual and forecasted operating results or expected achievement of performance goals, as applicable, and the impact of modifications, if any.
[2] MSUs shall vest three years from grant date, generally with 25% vesting if the weighted-average stock price over a 30-day trading period during the vesting period is equal to or greater than $35.00 but less than $45.00, 50% vesting if equal to or greater than $45.00 but less than $55.00, and 100% vesting if equal to or greater than $55.00, subject to continuous employment with, or performance of services for, the Company. A Monte-Carlo simulation model, which simulated the present value of the potential outcomes of future stock prices was used to calculate the grant-date fair value of our MSU awards. The estimated grant-date fair value of these awards is amortized on a straight-line basis over the requisite service period and is not adjusted based on the actual number of awards that ultimately vest.