v3.26.1
CONSOLIDATED STATEMENTS OF EQUITY AND NONCONTROLLING INTERESTS - USD ($)
$ in Millions
Total
Class A Common Stock
Class B Common Stock
Common Stock
Class A Common Stock
Common Stock
Class B Common Stock
Additional Paid-In Capital
Accumulated Deficit
Accumulated Other Comprehensive Income
Noncontrolling Interests
Beginning balance (in shares) at Dec. 31, 2024       42,642,126 23,775,056        
Beginning balance at Dec. 31, 2024 $ 516     $ 1 $ 0 $ 570 $ 10 $ 2 $ (67)
Increase (Decrease) in Stockholders' Equity                  
Dividends declared and paid on Class A and Class B Common Stock (17)           (17)    
Class A Common Stock issued pursuant to employee benefit plans (in shares)       3,114,083          
Class A Common Stock issued pursuant to employee benefit plans 27         27      
Distributions to noncontrolling interests (3)               (3)
Other comprehensive loss (1)             (1)  
Net (loss) income (154)           (156)   2
Ending balance (in shares) at Mar. 31, 2025       45,756,209 23,775,056        
Ending balance at Mar. 31, 2025 368     $ 1 $ 0 597 (163) $ 1 (68)
Beginning balance (in shares) at Dec. 31, 2025   45,979,350 23,755,236 45,979,350 23,755,236        
Beginning balance at Dec. 31, 2025 370     $ 1 $ 0 613 (171)   (73)
Increase (Decrease) in Stockholders' Equity                  
Dividends declared and paid on Class A and Class B Common Stock (18)           (18)    
Class A Common Stock issued pursuant to employee benefit plans (in shares)       2,274,660          
Class A Common Stock issued pursuant to employee benefit plans 20         20      
Distributions to noncontrolling interests (3)               (3)
Issuance of subsidiary stock awards 2         2      
Net (loss) income 21           20   1
Ending balance (in shares) at Mar. 31, 2026   48,254,010 23,755,236 48,254,010 23,755,236        
Ending balance at Mar. 31, 2026 $ 392     $ 1 $ 0 $ 635 $ (169)   $ (75)