v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY - USD ($)
shares in Thousands, $ in Millions
Total
Class A Common Stock, Class B Common Stock and Class C Capital Stock
Additional Paid-In Capital
Accumulated Deficit
Accumulated Other Comprehensive Income (Loss)
Beginning balance (in shares) at Dec. 31, 2024   242,489      
Beginning balance at Dec. 31, 2024 $ 4,848 $ 0 $ 6,733 $ (1,882) $ (3)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of Class C capital stock upon exercise of stock options (in shares)   800      
Issuance of Class C capital stock upon exercise of stock options 33   33    
Vesting of restricted stock units (in shares)   1,370      
Share-based compensation expense 112   112    
Repurchases of Class A common stock and Class C capital stock (250)   (250)    
Net income 8     8  
Other Comprehensive Income (Loss) 3       3
Ending balance (in shares) at Mar. 31, 2025   241,320      
Ending balance at Mar. 31, 2025 4,754 $ 0 6,628 (1,874) 0
Beginning balance (in shares) at Dec. 31, 2025   240,446      
Beginning balance at Dec. 31, 2025 $ 4,884 $ 0 6,741 (1,859) 2
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of Class C capital stock upon exercise of stock options (in shares) 658 658      
Issuance of Class C capital stock upon exercise of stock options $ 18   18    
Vesting of restricted stock units (in shares)   1,456      
Share-based compensation expense 95   95    
Repurchases of Class A common stock and Class C capital stock (in shares)   (13,465)      
Repurchases of Class A common stock and Class C capital stock (633)   (633)    
Net income 46     46  
Other Comprehensive Income (Loss) (2)       (2)
Ending balance (in shares) at Mar. 31, 2026   229,095      
Ending balance at Mar. 31, 2026 $ 4,408 $ 0 $ 6,221 $ (1,813) $ 0