v3.25.2
Condensed Consolidated Statements of Stockholders' Equity - USD ($)
shares in Millions, $ in Millions
Total
Equity Award Programs
Common Stock
Common Stock
Equity Award Programs
Common stock and additional paid-in capital
Common stock and additional paid-in capital
Equity Award Programs
Accumulated deficit
Accumulated other comprehensive loss
Beginning balance, shares at Dec. 31, 2023     75.5          
Beginning balance at Dec. 31, 2023 $ 462       $ 1,311   $ (849) $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of common stock (in shares)     15.2 0.2        
Issuance of common stock 228 $ 2     228 $ 2    
Stock-based compensation 20       20      
Other comprehensive loss (1)             (1)
Net (loss) income (4)           (4)  
Ending balance, shares at Mar. 31, 2024     90.9          
Ending balance at Mar. 31, 2024 707       1,561   (853) (1)
Beginning balance, shares at Dec. 31, 2023     75.5          
Beginning balance at Dec. 31, 2023 462       1,311   (849) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net (loss) income (97)              
Ending balance, shares at Jun. 30, 2024     91.3          
Ending balance at Jun. 30, 2024 635       1,582   (946) (1)
Beginning balance, shares at Mar. 31, 2024     90.9          
Beginning balance at Mar. 31, 2024 707       1,561   (853) (1)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of common stock (in shares)       0.4        
Issuance of common stock   1       1    
Stock-based compensation 20       20      
Net (loss) income (93)           (93)  
Ending balance, shares at Jun. 30, 2024     91.3          
Ending balance at Jun. 30, 2024 $ 635       1,582   (946) (1)
Beginning balance, shares at Dec. 31, 2024 92.2   92.2          
Beginning balance at Dec. 31, 2024 $ 485       1,617   (1,132) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of common stock (in shares)     13.6 0.1        
Issuance of common stock 142       142      
Stock-based compensation 16       16      
Net (loss) income (112)           (112)  
Ending balance, shares at Mar. 31, 2025     105.9          
Ending balance at Mar. 31, 2025 $ 531       1,775   (1,244) 0
Beginning balance, shares at Dec. 31, 2024 92.2   92.2          
Beginning balance at Dec. 31, 2024 $ 485       1,617   (1,132) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net (loss) income $ (112)              
Ending balance, shares at Jun. 30, 2025 106.4   106.4          
Ending balance at Jun. 30, 2025 $ 549       1,793   (1,244) 0
Beginning balance, shares at Mar. 31, 2025     105.9          
Beginning balance at Mar. 31, 2025 531       1,775   (1,244) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of common stock (in shares)       0.5        
Issuance of common stock   $ 3       $ 3    
Stock-based compensation 15       15      
Net (loss) income $ 0              
Ending balance, shares at Jun. 30, 2025 106.4   106.4          
Ending balance at Jun. 30, 2025 $ 549       $ 1,793   $ (1,244) $ 0