v3.26.1
Consolidated Statements Of Changes In Stockholders' Equity - USD ($)
$ in Millions
Total
Common Stock
Common Stock, Held in Treasury
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Noncontrolling Interests
Beginning balances at Dec. 31, 2024 $ 11,043 $ 1 $ (467) $ 656 $ 10,481 $ (144) $ 516
Beginning balance (in shares) at Dec. 31, 2024   134,651,380          
Beginning balance, treasury stock (in shares) at Dec. 31, 2024     6,424,366        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) (35)       (40)   5
Other comprehensive income (loss) 14         14 0
Common stock repurchased (in shares)     279,771        
Common stock repurchased (30)   $ (30)        
Shares issued—stock- based compensation (in shares)     (290,126)        
Shares issued—stock-based compensation 0   $ 13 (13)      
Stock-based compensation 7     7      
Dividends declared (68)       (68)    
Distributions to noncontrolling interests (10)           (10)
Ending balances at Mar. 31, 2025 10,921 $ 1 $ (484) 650 10,373 (130) 511
Ending balance (in shares) at Mar. 31, 2025   134,651,380          
Ending balance, treasury stock (in shares) at Mar. 31, 2025     6,414,011        
Beginning balances at Dec. 31, 2024 11,043 $ 1 $ (467) 656 10,481 (144) 516
Beginning balance (in shares) at Dec. 31, 2024   134,651,380          
Beginning balance, treasury stock (in shares) at Dec. 31, 2024     6,424,366        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) (166)            
Other comprehensive income (loss) 84            
Ending balances at Jun. 30, 2025 10,791 $ 1 $ (484) 662 10,163 (64) 513
Ending balance (in shares) at Jun. 30, 2025   134,651,380          
Ending balance, treasury stock (in shares) at Jun. 30, 2025     6,412,294        
Beginning balances at Mar. 31, 2025 10,921 $ 1 $ (484) 650 10,373 (130) 511
Beginning balance (in shares) at Mar. 31, 2025   134,651,380          
Beginning balance, treasury stock (in shares) at Mar. 31, 2025     6,414,011        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) (131)       (142)   11
Other comprehensive income (loss) 70         66 4
Shares issued—stock- based compensation (in shares)     (1,717)        
Shares issued—stock-based compensation 0   $ 0 0      
Stock-based compensation 12     12      
Dividends declared (68)       (68)    
Distributions to noncontrolling interests (13)           (13)
Ending balances at Jun. 30, 2025 10,791 $ 1 $ (484) 662 10,163 (64) 513
Ending balance (in shares) at Jun. 30, 2025   134,651,380          
Ending balance, treasury stock (in shares) at Jun. 30, 2025     6,412,294        
Beginning balances at Dec. 31, 2025 9,295 $ 1 $ (513) 683 8,701 (80) 503
Beginning balance (in shares) at Dec. 31, 2025   134,651,380          
Beginning balance, treasury stock (in shares) at Dec. 31, 2025     6,740,232        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) (157)       (169)   12
Other comprehensive income (loss) (20)         (19) (1)
Common stock repurchased (in shares)     1,400        
Common stock repurchased 0   $ 0        
Shares issued—stock- based compensation (in shares)     (201,019)        
Shares issued—stock-based compensation 4   $ 9 (5)      
Stock-based compensation 7     7      
Dividends declared (68)       (68)    
Distributions to noncontrolling interests (10)           (10)
Ending balances at Mar. 31, 2026 9,051 $ 1 $ (504) 685 8,464 (99) 504
Ending balance (in shares) at Mar. 31, 2026   134,651,380          
Ending balance, treasury stock (in shares) at Mar. 31, 2026     6,540,613        
Beginning balances at Dec. 31, 2025 9,295 $ 1 $ (513) 683 8,701 (80) 503
Beginning balance (in shares) at Dec. 31, 2025   134,651,380          
Beginning balance, treasury stock (in shares) at Dec. 31, 2025     6,740,232        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 114            
Other comprehensive income (loss) (36)            
Ending balances at Jun. 30, 2026 9,208 $ 1 $ (532) 697 8,655 (116) 503
Ending balance (in shares) at Jun. 30, 2026   134,651,380          
Ending balance, treasury stock (in shares) at Jun. 30, 2026     6,854,931        
Beginning balances at Mar. 31, 2026 9,051 $ 1 $ (504) 685 8,464 (99) 504
Beginning balance (in shares) at Mar. 31, 2026   134,651,380          
Beginning balance, treasury stock (in shares) at Mar. 31, 2026     6,540,613        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 271       260   11
Other comprehensive income (loss) (16)         (17) 1
Common stock repurchased (in shares)     355,721        
Common stock repurchased (30)   $ (30)        
Shares issued—stock- based compensation (in shares)     (41,403)        
Shares issued—stock-based compensation 1   $ 2 (1)      
Stock-based compensation 13     13      
Dividends declared (69)       (69)    
Distributions to noncontrolling interests (13)           (13)
Ending balances at Jun. 30, 2026 $ 9,208 $ 1 $ (532) $ 697 $ 8,655 $ (116) $ 503
Ending balance (in shares) at Jun. 30, 2026   134,651,380          
Ending balance, treasury stock (in shares) at Jun. 30, 2026     6,854,931