v3.25.2
Condensed Consolidated Statements of Stockholders' Equity - USD ($)
$ in Millions
Total
Common Stock
Voting Common Stock
Paid-in Capital
Accumulated (Deficit) Income
Accumulated Other Comprehensive (Loss) Income, net of tax
Beginning Balance at Dec. 31, 2023 $ 1,233 $ 1 $ 1,891 $ (628) $ (31)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock-based compensation 14   14    
Pension and OPEB liability adjustment 1       1
Foreign currency translation adjustment (7)       (7)
Issuance of common stock 14   14    
Repurchase of common stock (83)     (83)  
Dividends on common stock (44)     (44)  
Net Income (Loss) 356     356  
Ending Balance at Jun. 30, 2024 1,484 1 1,919 (399) (37)
Beginning Balance at Mar. 31, 2024 1,342 1 1,911 (533) (37)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock-based compensation 8   8    
Pension and OPEB liability adjustment 3       3
Foreign currency translation adjustment (2)       (2)
Interest rate swaps (1)       (1)
Repurchase of common stock (31)     (31)  
Dividends on common stock (22)     (22)  
Net Income (Loss) 187     187  
Ending Balance at Jun. 30, 2024 1,484 1 1,919 (399) (37)
Beginning Balance at Dec. 31, 2024 1,651 1 1,940 (239) (51)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock-based compensation 14   14    
Pension and OPEB liability adjustment (3)       (3)
Foreign currency translation adjustment 19       19
Interest rate swaps (2)       (2)
Issuance of common stock (8)   (8)    
Repurchase of common stock (259)     (259)  
Dividends on common stock (46)     (46)  
Net Income (Loss) 387     387  
Ending Balance at Jun. 30, 2025 1,753 1 1,946 (157) (37)
Beginning Balance at Mar. 31, 2025 1,665 1 1,937 (226) (47)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock-based compensation 8   8    
Pension and OPEB liability adjustment (2)       (2)
Foreign currency translation adjustment 13       13
Interest rate swaps (1)       (1)
Issuance of common stock 1   1    
Repurchase of common stock (104)     (104)  
Dividends on common stock (22)     (22)  
Net Income (Loss) 195     195  
Ending Balance at Jun. 30, 2025 $ 1,753 $ 1 $ 1,946 $ (157) $ (37)