v3.25.1
Shareholders' Equity
 3 Months Ended
Mar. 31, 2025
Equity [Abstract]  
Shareholders' Equity Shareholders’ Equity
Accumulated Other Comprehensive Income (Loss)
Accumulated other comprehensive income (loss) represents certain components of revenues, expenses, gains and losses that are included in comprehensive income (loss) but are excluded from net income (loss). Other comprehensive income (loss) amounts are recorded directly as an adjustment to total equity, net of tax. The changes in the accumulated other comprehensive loss, net of tax, were as follows:
(in $ millions)Currency
 translation
adjustments		Defined
 benefit plan
 related		Unrealized gain on
cash flow hedge 		Total accumulated
 other comprehensive
 loss
Balance as of December 31, 2024$(104)$(59)$17 $(146)
Net changes during the period, net of tax benefit
30 (1)(15)14 
Balance as of March 31, 2025$(74)$(60)$2 $(132)

(in $ millions)Currency
translation
adjustments		Defined
benefit plan
related		Unrealized gain on
cash flow hedge 		Total accumulated
other comprehensive
loss
Balance as of December 31, 2023$(52)$(63)$12 $(103)
Net changes during the period, net of tax benefit
(24)—3(21)
Balance as of March 31, 2024$(76)$(63)$15 $(124)
Amounts in accumulated other comprehensive loss are presented net of the related tax impact. Reclassifications out of accumulated other comprehensive losses related to amortization of (i) actuarial gains (losses) and prior service costs (component of net periodic pension benefit (cost)) is included within other income (loss), net, and (ii) gain (loss) on termination of cash flow hedges is included within interest expense, in the Company’s consolidated statements of operations.
Share Repurchase
During the three months ended March 31, 2025, the Company repurchased 182,676 shares of its Class A common stock at a cost of $2 million under its share repurchase program. As of March 31, 2025, the Company has $298 million that remains available to be utilized until December 31, 2027 under its share repurchase program.