v3.25.1
Condensed Consolidated Statements of Stockholders' Equity (unaudited) - USD ($)
$ in Millions
Total
Common Stock
Treasury Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income
Beginning balance at Dec. 31, 2023 $ 2,219 $ 1 $ (604) $ 1,329 $ 1,419 $ 74
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) (10)       (10)  
Share-based compensation 7     7    
Repurchases of common stock (58)   (58)      
Cash dividends (22)       (22)  
Shares cancelled for taxes (41)     (41)    
Other comprehensive income, net of tax (2)         (2)
Ending balance at Mar. 31, 2024 2,093 1 (662) 1,295 1,387 72
Beginning balance at Dec. 31, 2024 3,538 1 (796) 2,578 1,680 75
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 115       115  
Share-based compensation 6     6    
Repurchases of common stock (101)   (101)      
Issuance of common stock 6     6    
Cash dividends (36)       (36)  
Shares cancelled for taxes (11)     (11)    
Other 1     1    
Other comprehensive income, net of tax (2)         (2)
Ending balance at Mar. 31, 2025 $ 3,516 $ 1 $ (897) $ 2,580 $ 1,759 $ 73