v3.26.1
Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($)
$ in Millions
Total
Common stock
Additional paid-in capital
Accumulated other comprehensive loss
Accumulated deficit
Balance at beginning of period (in shares) at Dec. 31, 2024   265,000,000      
Balance at beginning of period at Dec. 31, 2024 $ 2,557 $ 3 $ 5,194 $ (47) $ (2,593)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Total comprehensive income 109     5 104
Stock-based compensation activity (in shares)   1,000,000      
Stock-based compensation activity (4)   (4)    
Cash dividend (48)   (48)    
Repurchases of common stock (14)   (14)    
Balance at end of period (in shares) at Jun. 30, 2025   266,000,000      
Balance at end of period at Jun. 30, 2025 $ 2,600 $ 3 5,128 (42) (2,489)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Cash dividends (in dollars per share) $ 0.18        
Balance at beginning of period (in shares) at Mar. 31, 2025   266,000,000      
Balance at beginning of period at Mar. 31, 2025 $ 2,571 $ 3 5,158 (47) (2,543)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Total comprehensive income 59     5 54
Stock-based compensation activity 5   5    
Cash dividend (24)   (24)    
Repurchases of common stock (11)   (11)    
Balance at end of period (in shares) at Jun. 30, 2025   266,000,000      
Balance at end of period at Jun. 30, 2025 $ 2,600 $ 3 5,128 (42) (2,489)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Cash dividends (in dollars per share) $ 0.09        
Balance at beginning of period (in shares) at Dec. 31, 2025 265,822,404 266,000,000      
Balance at beginning of period at Dec. 31, 2025 $ 2,730 $ 3 5,083 (41) (2,315)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Total comprehensive income 146     (2) 148
Stock-based compensation activity (in shares)   1,000,000      
Stock-based compensation activity (9)   (9)    
Cash dividend (48)   (48)    
Repurchases of common stock $ (16)   (16)    
Balance at end of period (in shares) at Jun. 30, 2026 266,832,196 267,000,000      
Balance at end of period at Jun. 30, 2026 $ 2,803 $ 3 5,010 (43) (2,167)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Cash dividends (in dollars per share) $ 0.18        
Balance at beginning of period (in shares) at Mar. 31, 2026   266,000,000      
Balance at beginning of period at Mar. 31, 2026 $ 2,770 $ 3 5,062 (42) (2,253)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Total comprehensive income 85     (1) 86
Stock-based compensation activity (in shares)   1,000,000      
Stock-based compensation activity (16)   (16)    
Cash dividend (24)   (24)    
Repurchases of common stock $ (12)   (12)    
Balance at end of period (in shares) at Jun. 30, 2026 266,832,196 267,000,000      
Balance at end of period at Jun. 30, 2026 $ 2,803 $ 3 $ 5,010 $ (43) $ (2,167)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Cash dividends (in dollars per share) $ 0.09