v3.25.2
Condensed Combined Statements of Equity - USD ($)
$ in Millions
Member's investment
Retained earnings (deficit)
Total
Beginning balance at Dec. 31, 2023 $ 1,766 $ (283) $ 1,483
Increase (Decrease) in Stockholders' Equity      
Net earnings (loss)   33 33
Stock-based compensation 7   7
Contributions from (distributions to) member   (150) (150)
Other 1   1
Ending balance at Jun. 30, 2024 1,774 (400) 1,374
Beginning balance at Mar. 31, 2024 1,769 (263) 1,506
Increase (Decrease) in Stockholders' Equity      
Net earnings (loss)   13 13
Stock-based compensation 4   4
Contributions from (distributions to) member   (150) (150)
Other 1   1
Ending balance at Jun. 30, 2024 1,774 (400) 1,374
Beginning balance at Dec. 31, 2024 1,777 (363) 1,414
Increase (Decrease) in Stockholders' Equity      
Net earnings (loss)   62 62
Stock-based compensation 7   7
Other (6)   (6)
Ending balance at Jun. 30, 2025 1,778 (301) 1,477
Beginning balance at Mar. 31, 2025 1,778 (328) 1,450
Increase (Decrease) in Stockholders' Equity      
Net earnings (loss)   27 27
Stock-based compensation 5   5
Other (5)   (5)
Ending balance at Jun. 30, 2025 $ 1,778 $ (301) $ 1,477