v3.26.1
Condensed Consolidated Statements of Shareholders' Equity - USD ($)
$ in Millions
Total
Common Stock
Treasury Stock
Additional Paid-in Capital
Retained Earnings (Deficit)
AOCL
 [1]
Non-controlling Interest
Balance at period start at Dec. 31, 2024 $ 843 $ 2 $ (210) $ 3,952 $ (2,433) $ (472) $ 4
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Dividends - preferred stock (2)       (2)    
Stock incentive plans, net 3     3      
Treasury stock purchases 0   0        
Comprehensive Income (Loss):              
Net income (loss) (51)       (51)    
Other comprehensive income (loss), net 11 [2]         11  
Comprehensive Income (Loss), Net (40)       (51) 11  
Balance at period end at Mar. 31, 2025 804 2 (210) 3,955 (2,486) (461) 4
Balance at period start at Dec. 31, 2025 685 2 (235) 3,968 (2,613) (437) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Dividends - preferred stock (2)       (2)    
Stock incentive plans, net 0     0      
Treasury stock purchases 0   0        
Buyback of noncontrolling interest 0     0     0
Comprehensive Income (Loss):              
Net income (loss) (33)       (33)    
Other comprehensive income (loss), net (9) [2]         (9)  
Comprehensive Income (Loss), Net (42)       (33) (9)  
Balance at period end at Mar. 31, 2026 $ 641 $ 2 $ (235) $ 3,968 $ (2,648) $ (446) $ 0
[1] AOCL - Accumulated other comprehensive loss. Refer to Note 10 – Accumulated Other Comprehensive Loss for the components of AOCL.
The accompanying notes are an integral part of these Condensed Consolidated Financial Statements.
[2] All amounts are net of tax. Tax effects were immaterial.