v3.25.2
Condensed Consolidated Statements of Stockholders’ Deficit - USD ($)
shares in Millions, $ in Millions
Total
Common Stock
Additional paid-in capital
Share repurchase commitment
Accumulated other comprehensive loss
Accumulated deficit
Balance at beginning of period (in shares) at Dec. 31, 2023   137        
Balance at beginning of period at Dec. 31, 2023 $ (184) $ 68 $ 88 $ (23) $ (30) $ (288)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 61         61
Other comprehensive income (loss) (3)       (3)  
Common stock issued (in shares)   1        
Common stock issued 2 $ 1 1      
Common stock repurchased and canceled (in shares)   (2)        
Common stock repurchased and canceled (36) $ (1)       (35)
Share-based compensation 6   6      
Share repurchase liability movement, net 14     14    
Settlement of tax on equity awards (20)   (20)      
Other (1)   (1)      
Balance at end of period (in shares) at Mar. 31, 2024   136        
Balance at end of period at Mar. 31, 2024 (161) $ 68 74 (9) (32) (262)
Balance at beginning of period (in shares) at Dec. 31, 2023   137        
Balance at beginning of period at Dec. 31, 2023 (184) $ 68 88 (23) (30) (288)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) (36)          
Other comprehensive income (loss) (2)          
Balance at end of period (in shares) at Jun. 30, 2024   134        
Balance at end of period at Jun. 30, 2024 (281) $ 67 80 (4) (32) (393)
Balance at beginning of period (in shares) at Dec. 31, 2023   137        
Balance at beginning of period at Dec. 31, 2023 (184) $ 68 88 (23) (30) (288)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) $ 7          
Balance at end of period (in shares) at Dec. 31, 2024 125 125        
Balance at end of period at Dec. 31, 2024 $ (337) $ 62 90 (10) (36) (443)
Balance at beginning of period (in shares) at Mar. 31, 2024   136        
Balance at beginning of period at Mar. 31, 2024 (161) $ 68 74 (9) (32) (262)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) (97)         (97)
Other comprehensive income (loss) 0          
Common stock repurchased and canceled (in shares)   (2)        
Common stock repurchased and canceled (34) $ (1)       (33)
Share-based compensation 6   6      
Share repurchase liability movement, net 5     5    
Balance at end of period (in shares) at Jun. 30, 2024   134        
Balance at end of period at Jun. 30, 2024 $ (281) $ 67 80 (4) (32) (393)
Balance at beginning of period (in shares) at Dec. 31, 2024 125 125        
Balance at beginning of period at Dec. 31, 2024 $ (337) $ 62 90 (10) (36) (443)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 47         47
Other comprehensive income (loss) 1       1  
Common stock issued (in shares)   1        
Common stock issued 1          
Common stock repurchased and canceled (in shares)   (1)        
Common stock repurchased and canceled (11)         (10)
Share-based compensation 6   6      
Share repurchase liability movement, net 10     10    
Settlement of tax on equity awards (3)   (3)      
Balance at end of period (in shares) at Mar. 31, 2025   125        
Balance at end of period at Mar. 31, 2025 $ (285) $ 62 93 0 (35) (406)
Balance at beginning of period (in shares) at Dec. 31, 2024 125 125        
Balance at beginning of period at Dec. 31, 2024 $ (337) $ 62 90 (10) (36) (443)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 65          
Other comprehensive income (loss) $ 3          
Balance at end of period (in shares) at Jun. 30, 2025 125 125        
Balance at end of period at Jun. 30, 2025 $ (257) $ 62 101 0 (33) (388)
Balance at beginning of period (in shares) at Mar. 31, 2025   125        
Balance at beginning of period at Mar. 31, 2025 (285) $ 62 93 0 (35) (406)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 18         18
Other comprehensive income (loss) 2       2  
Share-based compensation $ 8   8      
Balance at end of period (in shares) at Jun. 30, 2025 125 125        
Balance at end of period at Jun. 30, 2025 $ (257) $ 62 $ 101 $ 0 $ (33) $ (388)