v3.26.1
CONSOLIDATED STATEMENTS OF CHANGES IN TOTAL SHAREHOLDERS’ EQUITY (Unaudited) - USD ($)
$ in Millions
Total
Class A common stock
Total equity of the Company’s shareholders
Common Stock
Class A common stock
Additional paid-in capital
Accumulated deficit
Accumulated other comprehensive loss
Treasury Shares
Equity attributable to non-controlling interest in subsidiaries
Beginning balance (in shares) at Dec. 31, 2024       478,904,677          
Beginning balance at Dec. 31, 2024 $ 1,057   $ 1,051 $ 0 $ 2,827 $ (1,575) $ (146) $ (55) $ 6
Treasury shares, beginning balance (in shares) at Dec. 31, 2024               8,000,000  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Equity-based compensation 19   19   19        
Shares issued, net, on vesting of / exercise of equity awards and pursuant to ESPP (see note 12) (in shares)       12,861,105          
Shares issued, net, on vesting of / exercise of equity awards and pursuant to ESPP (see note 11) 4   4   4        
Shares withheld for taxes in relation to vesting of / exercise of equity awards (see note 12) (in shares)       (4,883,888)          
Shares withheld for taxes in relation to vesting of equity awards (see note 11) (41)   (41)   (41)        
Repurchase of common shares (in shares)               182,676  
Repurchase of common shares (1)   (1)         $ (1)  
Net income 75   75     75      
Other comprehensive income (loss), net of tax 14   14       14    
Ending balance (in shares) at Mar. 31, 2025       486,881,894          
Ending balance at Mar. 31, 2025 1,127   1,121 $ 0 2,809 (1,500) (132) $ (56) 6
Treasury shares, ending balance (in shares) at Mar. 31, 2025               8,182,676  
Beginning balance (in shares) at Dec. 31, 2025       538,342,297          
Beginning balance at Dec. 31, 2025 $ 1,612   1,608 $ 0 3,277 (1,466) (75) $ (128) 4
Treasury shares, beginning balance (in shares) at Dec. 31, 2025 17,253,780             17,253,780  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Equity-based compensation $ 17   17   17        
Shares issued, net, on vesting of / exercise of equity awards and pursuant to ESPP (see note 12) (in shares)       11,778,354          
Shares issued, net, on vesting of / exercise of equity awards and pursuant to ESPP (see note 11) 4   4   4        
Shares withheld for taxes in relation to vesting of / exercise of equity awards (see note 12) (in shares)       (4,424,031)          
Shares withheld for taxes in relation to vesting of equity awards (see note 11) (25)   (25)   (25)        
Repurchase of common shares (in shares)   6,000,000           5,916,077  
Repurchase of common shares (38) $ (38) (38)         $ (38)  
Net income 54                
Net income 53   52     52     1
Other comprehensive income (loss), net of tax (9)   (9)       (9)    
Ending balance (in shares) at Mar. 31, 2026       545,696,620          
Ending balance at Mar. 31, 2026 $ 1,614   $ 1,609 $ 0 $ 3,273 $ (1,414) $ (84) $ (166) $ 5
Treasury shares, ending balance (in shares) at Mar. 31, 2026 23,169,857             23,169,857