| Schedule of Changes in Outstanding Stock |
The following table reflects the changes in our outstanding stock: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Class A | | Class B-1 | | Class B-2 | | Class V | | Class Z | | Treasury | | Balance at December 31, 2025 | 523,941,625 | | 4,955,297 | | 4,955,297 | | 484,358 | | — | | 42,636,987 | | Conversion of noncontrolling interest | — | | — | | — | | — | | — | | — | | Shares granted upon vesting | 2,624,414 | | — | | — | | — | | — | | — | Issuance for compensation to non-employees (1) | 209,690 | | — | | — | | — | | — | | — | | Share repurchases | — | | — | | — | | — | | — | | — | | Share forfeitures | — | | — | | — | | — | | — | | — | | Balance at March 31, 2026 | 526,775,729 | | 4,955,297 | | 4,955,297 | | 484,358 | | — | | 42,636,987 | | | | | | | | | | | | | | Class A | | Class B-1 | | Class B-2 | | Class V | | Class Z | | Treasury | | Balance at December 31, 2024 | 531,703,862 | | 4,978,807 | | 4,978,807 | | 510,237 | | — | | 28,755,570 | | Conversion of noncontrolling interest | 122 | | — | | — | | (122) | | — | | — | | Shares granted upon vesting | 3,348,634 | | — | | — | | — | | — | | — | Issuance for compensation to non-employees (1) | 63,468 | | — | | — | | — | | — | | — | | Share repurchases | (3,245,932) | | — | | — | | — | | — | | 3,245,932 | | Share forfeitures | — | | (23,510) | | (23,510) | | — | | — | | — | | Balance at March 31, 2025 | 531,870,154 | | 4,955,297 | | 4,955,297 | | 510,115 | | — | | 32,001,502 |
_______________________________________________________ (1)Issued to certain members of the Board of Directors in lieu of cash retainer.
|
| Schedule of Changes in Accumulated Other Comprehensive Income, Net by Component |
Changes in accumulated other comprehensive income, net of noncontrolling interests, are as follows (in millions): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Foreign Currency Translation Adjustments | | Interest Rate Swaps (1) | | Total | | Balance at December 31, 2025 | $ | 4 | | | $ | 16 | | | $ | 20 | | | Other comprehensive income (loss) before reclassifications | (2) | | | 2 | | | — | | | Tax (expense) benefit | — | | | — | | | — | | | Other comprehensive income (loss) before reclassifications, net of tax | (2) | | | 2 | | | — | | | Amounts reclassified from accumulated other comprehensive income | — | | | (1) | | | (1) | | | Tax expense | — | | | — | | | — | | | Amounts reclassified from accumulated other comprehensive income, net of tax | — | | | (1) | | | (1) | | | Net current period other comprehensive income (loss), net of tax | (2) | | | 1 | | | (1) | | | Balance at March 31, 2026 | $ | 2 | | | $ | 17 | | | $ | 19 | | _______________________________________________________ | | | | | | (1) Reclassifications from this category are recorded in Interest expense. See Note 13, “Derivative Financial Instruments” for additional information | | | | | | | | Foreign Currency Translation Adjustments | | Interest Rate Swaps (1) | | Total | | Balance at December 31, 2024 | $ | 4 | | | $ | 43 | | | $ | 47 | | | Other comprehensive income (loss) before reclassifications | — | | | (3) | | | (3) | | | Tax (expense) benefit | — | | | 2 | | | 2 | | | Other comprehensive income (loss) before reclassifications, net of tax | — | | | (1) | | | (1) | | | Amounts reclassified from accumulated other comprehensive income | — | | | (7) | | | (7) | | | Tax expense | — | | | — | | | — | | | Amounts reclassified from accumulated other comprehensive income, net of tax | — | | | (7) | | | (7) | | | Net current period other comprehensive income (loss), net of tax | — | | | (8) | | | (8) | | | Balance at March 31, 2025 | $ | 4 | | | $ | 35 | | | $ | 39 | | _______________________________________________________ | | | | | | (1) Reclassifications from this category are recorded in Interest expense. See Note 13, “Derivative Financial Instruments” for additional information |
|