v3.25.4
Consolidated Statements of Changes in Stockholders' Equity - USD ($)
$ in Millions
Total
Class B Common Stock
Common Stock
Common Stock
Related Party [Member]
Additional Paid-in Capital
Stockholder note receivable - related party
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Treasury Stock
Related Party [Member]
Beginning balance at Dec. 31, 2022 $ 861       $ 1,404   $ 261 $ (82) $ (722)  
Beginning balance, shares at Dec. 31, 2022   12,799,999 146,891,538              
Beginning balance, shares at Dec. 31, 2022                 (18,844,614)  
Net Income (Loss) 10           10      
Other comprehensive income (loss), net of tax 11             11    
Issuance of common stock related to exercise of options and vesting of RSUs, shares     2,883,823              
Repurchase of common stock under share repurchase program, value (Note 14) $ (100)               $ (100)  
Repurchase of common stock (4,724,729)               (6,049,253)  
Withholding taxes on net share settlements of equity awards $ (17)       (17)          
Stock-based compensation (Note 13) 106       106          
Ending balance at Dec. 31, 2023 871       1,493   271 (71) $ (822)  
Ending balance, shares at Dec. 31, 2023   12,799,999 149,775,361              
Ending balance, shares at Dec. 31, 2023                 (24,893,867)  
Net Income (Loss) 5           5      
Other comprehensive income (loss), net of tax (20)             (20)    
Issuance of common stock related to exercise of options and vesting of RSUs, shares     3,879,677              
Repurchase of common stock under share repurchase program, value (Note 14) $ (25)               $ (25)  
Repurchase of common stock (1,366,385)               (1,366,385)  
Withholding taxes on net share settlements of equity awards $ (21)       (21)          
Stock-based compensation (Note 13) 133       133          
Ending balance at Dec. 31, 2024 $ 943       1,605   276 (91) $ (847)  
Ending balance, shares at Dec. 31, 2024 127,394,786 12,799,999 153,655,038              
Ending balance, shares at Dec. 31, 2024 26,260,252               (26,260,252)  
Net Income (Loss) $ 40           40      
Other comprehensive income (loss), net of tax 50             50    
Stockholder note receivable - related party (Note 1) (327)         $ (327)        
Repurchase of common stock related to Merger, net of issuance of common stock as Merger consideration, value (Note 1) (71)       39 $ 327     $ (437)  
Retirement of treasury shares, shares (Note 14)   (12,799,999) (40,283,936)              
Retirement of treasury shares, value (Note 14)         (1,284)       $ 1,284  
Retirement of treasury shares, shares (Note 14)                 53,083,935  
Issuance of common stock related to exercise of options and vesting of RSUs, shares     4,168,244              
Repurchase of common stock under share repurchase program, value (Note 14) $ (90)               $ (90)  
Repurchase of common stock (6,105,262)     3,037,959         (6,105,262) (26,823,683)
Withholding taxes on net share settlements of equity awards $ (20)       (20)          
Stock-based compensation (Note 13) 120       120          
Ending balance at Dec. 31, 2025 $ 645       $ 460   $ 316 $ (41) $ (90)  
Ending balance, shares at Dec. 31, 2025 114,472,043 0 120,577,305              
Ending balance, shares at Dec. 31, 2025 6,105,262               (6,105,262)