v3.25.3
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Beginning balance (in shares) at Dec. 31, 2023   58      
Beginning balance at Dec. 31, 2023 $ 4,215 $ 0 $ 410 $ (82) $ 3,887
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 301       301
Other comprehensive income (loss), net (3)     (3)  
Share-based compensation (in shares)   1      
Share-based compensation (20)   (20)    
Ending balance (in shares) at Mar. 31, 2024   59      
Ending balance at Mar. 31, 2024 4,493 $ 0 390 (85) 4,188
Beginning balance (in shares) at Dec. 31, 2023   58      
Beginning balance at Dec. 31, 2023 4,215 $ 0 410 (82) 3,887
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 928        
Other comprehensive income (loss), net 73        
Ending balance (in shares) at Sep. 30, 2024   57      
Ending balance at Sep. 30, 2024 4,770 $ 0 453 (9) 4,326
Beginning balance (in shares) at Mar. 31, 2024   59      
Beginning balance at Mar. 31, 2024 4,493 $ 0 390 (85) 4,188
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 301       301
Share-based compensation 49   49    
Ending balance (in shares) at Jun. 30, 2024   59      
Ending balance at Jun. 30, 2024 4,843 $ 0 439 (85) 4,489
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 326       326
Common stock purchases (in shares)   (2)      
Common stock purchases (500)   (11)   (489)
Stock purchase excise tax (3)   (3)    
Other comprehensive income (loss), net 76     76  
Share-based compensation 28   28    
Ending balance (in shares) at Sep. 30, 2024   57      
Ending balance at Sep. 30, 2024 $ 4,770 $ 0 453 (9) 4,326
Beginning balance (in shares) at Dec. 31, 2024 56 56      
Beginning balance at Dec. 31, 2024 $ 4,496 $ 0 462 (57) 4,091
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 298       298
Common stock purchases (in shares)   (2)      
Common stock purchases (500)   (15)   (485)
Stock purchase excise tax (5)   (5)    
Other comprehensive income (loss), net 29     29  
Share-based compensation (8)   (8)    
Ending balance (in shares) at Mar. 31, 2025   54      
Ending balance at Mar. 31, 2025 $ 4,310 $ 0 434 (28) 3,904
Beginning balance (in shares) at Dec. 31, 2024 56 56      
Beginning balance at Dec. 31, 2024 $ 4,496 $ 0 462 (57) 4,091
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 632        
Other comprehensive income (loss), net $ 66        
Ending balance (in shares) at Sep. 30, 2025 51 51      
Ending balance at Sep. 30, 2025 $ 4,191 $ 0 420 9 3,762
Beginning balance (in shares) at Mar. 31, 2025   54      
Beginning balance at Mar. 31, 2025 4,310 $ 0 434 (28) 3,904
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 255       255
Other comprehensive income (loss), net 18     18  
Share-based compensation 20   20    
Ending balance (in shares) at Jun. 30, 2025   54      
Ending balance at Jun. 30, 2025 4,603 $ 0 454 (10) 4,159
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 79       79
Common stock purchases (in shares)   (3)      
Common stock purchases (500)   (24)   (476)
Stock purchase excise tax (5)   (5)    
Other comprehensive income (loss), net 19     19  
Share-based compensation $ (5)   (5)    
Ending balance (in shares) at Sep. 30, 2025 51 51      
Ending balance at Sep. 30, 2025 $ 4,191 $ 0 $ 420 $ 9 $ 3,762