v3.26.1
Condensed Consolidated Statements of Stockholders' Equity (unaudited) - USD ($)
$ in Millions
Total
Common Stock
Treasury Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income
Beginning balance at Dec. 31, 2024 $ 3,538 $ 1 $ (796) $ 2,578 $ 1,680 $ 75
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income 115       115  
Share-based compensation 6     6    
Repurchases of common stock (101)   (101)      
Issuance of common stock 6     6    
Cash dividend (36)       (36)  
Shares cancelled for taxes (11)     (11)    
Other comprehensive loss, net of tax (2)         (2)
Other 1     1    
Ending balance at Mar. 31, 2025 3,516 1 (897) 2,580 1,759 73
Beginning balance at Dec. 31, 2025 3,674 1 (944) 2,625 1,905 87
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income (711)       (711)  
Share-based compensation 12     12    
Repurchases of common stock (10)   (10)      
Cash dividend (36)       (36)  
Shares cancelled for taxes (12)     (12)    
Other comprehensive loss, net of tax (1)         (1)
Other 2     1 1  
Ending balance at Mar. 31, 2026 $ 2,918 $ 1 $ (954) $ 2,626 $ 1,159 $ 86