v3.25.2
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) (2)       (2)  
Share-based compensation 14     14    
Repurchases of common stock (93)   (93)      
Cash dividend (43)       (43)  
Shares cancelled for taxes (42)     (42)    
Other comprehensive income, net of tax (2)         (2)
Other 1     1    
Ending balance at Jun. 30, 2024 2,052 1 (697) 1,302 1,374 72
Beginning balance at Mar. 31, 2024 2,093 1 (662) 1,295 1,387 72
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 8       8  
Share-based compensation 7     7    
Repurchases of common stock (35)   (35)      
Cash dividend (21)       (21)  
Shares cancelled for taxes (1)     (1)    
Other 1     1    
Ending balance at Jun. 30, 2024 2,052 1 (697) 1,302 1,374 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) 287       287  
Share-based compensation 14     14    
Repurchases of common stock (354)   (126) (228)    
Issuance of common stock 6     6    
Cash dividend (71)       (71)  
Shares cancelled for taxes (11)     (11)    
Other comprehensive income, net of tax (3)         (3)
Other 1       1  
Ending balance at Jun. 30, 2025 3,407 1 (922) 2,359 1,897 72
Beginning balance at Mar. 31, 2025 3,516 1 (897) 2,580 1,759 73
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 172       172  
Share-based compensation 8     8    
Repurchases of common stock (253)   (25) (228)    
Cash dividend (35)       (35)  
Other comprehensive income, net of tax (1)         (1)
Other 0     (1) 1  
Ending balance at Jun. 30, 2025 $ 3,407 $ 1 $ (922) $ 2,359 $ 1,897 $ 72