v3.25.1
CONSOLIDATED STATEMENTS OF CHANGES IN TOTAL SHAREHOLDERS’ EQUITY - USD ($)
$ in Millions
Total
Total equity of the Company’s shareholders
Common Stock
Class A common stock
Additional paid-in capital
Accumulated deficit
Accumulated other comprehensive loss
Treasury Shares
Equity attributable to non-controlling interest in subsidiaries
Beginning balance (in shares) at Dec. 31, 2023     467,092,817          
Beginning balance at Dec. 31, 2023 $ 1,212 $ 1,208 $ 0 $ 2,748 $ (1,437) $ (103)   $ 4
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Equity-based compensation 18 18   18        
Shares issued, net, on vesting of equity awards and pursuant to ESPP (see note 11) (in shares)     8,732,539          
Shares issued, net, on vesting of equity awards and pursuant to ESPP (see note 11) 4 4   4        
Shares withheld for taxes in relation to vesting of / exercise of equity awards (see note 11) (in shares)     (3,208,148)          
Shares withheld for taxes in relation to vesting of / exercise of equity awards (see note 11) (19) (19)   (19)        
Dividend distribution to non-controlling interest in subsidiaries (1)             (1)
Net income (loss) (19) (19)     (19)      
Other comprehensive loss, net of tax (21) (21)       (21)    
Ending balance (in shares) at Mar. 31, 2024     472,617,208          
Ending balance at Mar. 31, 2024 $ 1,174 1,171 $ 0 2,751 (1,456) (124)   3
Beginning balance (in shares) at Dec. 31, 2024     478,904,677          
Treasury shares, beginning balance (in shares) at Dec. 31, 2024 8,000,000           8,000,000  
Beginning balance at Dec. 31, 2024 $ 1,057 1,051 $ 0 2,827 (1,575) (146) $ (55) 6
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Equity-based compensation 19 19   19        
Shares issued, net, on vesting of equity awards and pursuant to ESPP (see note 11) (in shares)     12,861,105          
Shares issued, net, on vesting of equity awards and pursuant to ESPP (see note 11) 4 4   4        
Shares withheld for taxes in relation to vesting of / exercise of equity awards (see note 11) (in shares)     (4,883,888)          
Shares withheld for taxes in relation to vesting of / exercise of equity awards (see note 11) (41) (41)   (41)        
Repurchase of common shares (in shares)             182,676  
Repurchase of common shares (1) (1)         $ (1)  
Net income (loss) 75 75     75      
Other comprehensive loss, net of tax $ 14 14       14    
Ending balance (in shares) at Mar. 31, 2025     486,881,894          
Treasury shares, ending balance (in shares) at Mar. 31, 2025 8,182,676           8,182,676  
Ending balance at Mar. 31, 2025 $ 1,127 $ 1,121 $ 0 $ 2,809 $ (1,500) $ (132) $ (56) $ 6