v3.26.1
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Beginning balance (in shares) at Dec. 31, 2024   56      
Beginning balance at Dec. 31, 2024 $ 4,496 $ 0 $ 462 $ (57) $ 4,091
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 298       298
Common stock purchases (in shares)   (2)      
Common stock purchases (500)   (15)   (485)
Stock purchase excise tax (5)   (5)    
Other comprehensive income (loss), net 29     29  
Share-based compensation (8)   (8)    
Ending balance (in shares) at Mar. 31, 2025   54      
Ending balance at Mar. 31, 2025 4,310 $ 0 434 (28) 3,904
Beginning balance (in shares) at Dec. 31, 2024   56      
Beginning balance at Dec. 31, 2024 4,496 $ 0 462 (57) 4,091
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 553        
Other comprehensive income (loss), net 47        
Ending balance (in shares) at Jun. 30, 2025   54      
Ending balance at Jun. 30, 2025 4,603 $ 0 454 (10) 4,159
Beginning balance (in shares) at Mar. 31, 2025   54      
Beginning balance at Mar. 31, 2025 4,310 $ 0 434 (28) 3,904
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 255       255
Other comprehensive income (loss), net 18     18  
Share-based compensation 20   20    
Ending balance (in shares) at Jun. 30, 2025   54      
Ending balance at Jun. 30, 2025 $ 4,603 $ 0 454 (10) 4,159
Beginning balance (in shares) at Dec. 31, 2025 51 51      
Beginning balance at Dec. 31, 2025 $ 4,069 $ 0 452 15 3,602
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 14       14
Other comprehensive income (loss), net (22)     (22)  
Share-based compensation (in shares)   1      
Share-based compensation 19   19    
Ending balance (in shares) at Mar. 31, 2026   52      
Ending balance at Mar. 31, 2026 $ 4,080 $ 0 471 (7) 3,616
Beginning balance (in shares) at Dec. 31, 2025 51 51      
Beginning balance at Dec. 31, 2025 $ 4,069 $ 0 452 15 3,602
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 74        
Other comprehensive income (loss), net $ (31)        
Ending balance (in shares) at Jun. 30, 2026 52 52      
Ending balance at Jun. 30, 2026 $ 4,171 $ 0 511 (16) 3,676
Beginning balance (in shares) at Mar. 31, 2026   52      
Beginning balance at Mar. 31, 2026 4,080 $ 0 471 (7) 3,616
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 60       60
Other comprehensive income (loss), net (9)     (9)  
Share-based compensation $ 40   40    
Ending balance (in shares) at Jun. 30, 2026 52 52      
Ending balance at Jun. 30, 2026 $ 4,171 $ 0 $ 511 $ (16) $ 3,676