v3.26.1
Condensed Consolidated Statements of Stockholders' Equity - USD ($)
$ in Millions
Total
Common Stock
Treasury Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Comprehensive (Loss) Income
Beginning balance (in shares) at Dec. 31, 2024   86,000,000        
Beginning balance at Dec. 31, 2024 $ 1,671 $ 86 $ (386) $ 478 $ 1,615 $ (122)
Treasury stock, common, beginning balance (in shares) at Dec. 31, 2024     16,000,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 91       91  
Dividends paid (20)       (20)  
Issuance of shares under stock plans 0   $ 3 3    
Taxes paid related to net settlement of stock-based awards (5)   (5)      
Purchase of stock (in shares)   (1,000,000)        
Purchase of stock (62) $ (1)     (61)  
Compensation expense associated with stock-based compensation 5     5    
Other comprehensive income (loss) 12         12
Ending balance (in shares) at Mar. 31, 2025   85,000,000        
Ending balance at Mar. 31, 2025 $ 1,692 $ 85 $ (388) 480 1,625 (110)
Treasury stock, common, ending balance (in shares) at Mar. 31, 2025     15,000,000      
Beginning balance (in shares) at Dec. 31, 2025 70,000,000 85,000,000        
Beginning balance at Dec. 31, 2025 $ 1,731 $ 85 $ (385) 508 1,621 (98)
Treasury stock, common, beginning balance (in shares) at Dec. 31, 2025 15,000,000   15,000,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income $ 27       27  
Dividends paid (21)       (21)  
Issuance of shares under stock plans 0   $ 6 6    
Taxes paid related to net settlement of stock-based awards (8)   (8)      
Compensation expense associated with stock-based compensation 7     7    
Other comprehensive income (loss) $ (5)         (5)
Ending balance (in shares) at Mar. 31, 2026 70,000,000 85,000,000        
Ending balance at Mar. 31, 2026 $ 1,730 $ 85 $ (388) $ 509 $ 1,627 $ (103)
Treasury stock, common, ending balance (in shares) at Mar. 31, 2026 15,000,000   15,000,000