v3.26.1
STOCK BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of RSU Activity under Equity-Based Plans
The following tables summarize RSU activity for the six months ended June 30, 2026:
Time-based RSUs
Total Number
of Shares
Weighted-Average
Grant Date
Fair Value
Nonvested at December 31, 20251,127,651 $86.55 
Granted1,391,175 38.37 
Vested(354,089)76.40 
Forfeited(91,964)83.11 
Nonvested at June 30, 2026
2,072,773 $56.11 
Performance-based RSUs
Total Number of Shares
Weighted-Average
Grant Date
Fair Value
Nonvested at December 31, 2025178,856 $80.78 
Granted (1)
370,704 41.81 
Vested(9,834)83.31 
Forfeited(8,466)76.69 
Nonvested at June 30, 2026
531,260 $53.60 
(1)    Amount includes increase of 37,946 shares related to the finalization of the performance achievement levels for previously issued grants.
Schedule of Stock Option Activity
The following table summarizes stock option activity for the six months ended June 30, 2026:
Number
of Shares
Weighted
Average
Exercise
Price
Weighted
Average
Remaining
Contractual
Term
(in years)
Aggregate
Intrinsic
Value
(in millions)
Balance at December 31, 2025262,245 $76.69 9.22$— 
Forfeited(15,798)76.69 — — 
Balance at June 30, 2026
246,447 $76.69 8.73$— 
Schedule of Share-Based Payment Arrangement, Activity
Additional Disclosures for Stock Options (in millions)
June 30, 2026
Weighted-average grant date fair value of stock options$31.65 
Schedule of Stock-Based Compensation Expense
Stock based compensation expense for stock-based awards made to our employees pursuant to our equity plans were as follows:  
 Three Months Ended June 30,Six Months Ended June 30,
(in millions)2026202520262025
Cost of providing services$3 $4 $7 $8 
Sales and marketing3 3 5 5 
General and administrative10 9 18 15 
Systems development and programming costs1 2 3 3 
Total stock based compensation expense$17 $18 $33 $31 
Total stock based compensation capitalized$— $1 $1 $1 
The table below summarizes unrecognized compensation expense as of June 30, 2026 associated with the following:
Amount
(in millions)
Weighted-Average Period (in Years)
Nonvested stock options$4 1.72
Nonvested time based RSUs109 3.05
Nonvested performance based RSUs23 2.10