CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($) $ in Millions |
3 Months Ended | |
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Mar. 31, 2025 |
Mar. 31, 2024 |
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Statement of Comprehensive Income [Abstract] | ||
Net income (loss) | $ 75 | $ (19) |
Other comprehensive income (loss), net of tax: | ||
Change in currency translation adjustments, net of tax | 30 | (24) |
Unrealized (loss) gains on cash flow hedge, net of tax: | ||
Unrealized (loss) gain on cash flow hedges arising during the period | (11) | 5 |
Unrealized gains on cash flow hedges reclassified to interest expense | (4) | (2) |
Prior service cost arising during the period | (1) | 0 |
Other comprehensive income (loss), net of tax | 14 | (21) |
Comprehensive income (loss) | 89 | (40) |
Less: Comprehensive income attributable to non-controlling interests in subsidiaries | 0 | 0 |
Comprehensive income (loss) attributable to the Company’s Class A common stockholders | $ 89 | $ (40) |
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- Definition Amount of of gain (loss) from derivative instrument designated and qualifying as cash flow hedge included in assessment of hedge effectiveness designated and qualifying as cash flow hedge included in assessment of hedge effectiveness. No definition available.
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- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income (loss) and other comprehensive income (loss), attributable to noncontrolling interests. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount, after tax, of reclassification adjustment from accumulated other comprehensive (income) loss for prior service cost (credit) of defined benefit plan. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, after tax, of reclassification of gain (loss) from accumulated other comprehensive income (AOCI) for derivative instrument designated and qualifying as cash flow hedge included in assessment of hedge effectiveness. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount after tax and reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount after tax and reclassification adjustments of other comprehensive income (loss). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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