RESTRUCTURING AND TRANSACTION-RELATED ITEMS (Tables)

6 Months Ended

Jun. 30, 2026

During the three and six months ended June 30, 2026 and 2025, we recorded the following within “Restructuring

and transaction-related items” on the Consolidated Statements of Operations.


	Successor		Predecessor		Successor		Predecessor
	Three Months Ended June 30,		Three Months Ended June 30,		Six Months Ended June 30,			Six Months Ended June 30,
	2026		2025		2026			2025
Severance (a)		$35		$177		$35			$177
Exit costs		—		—		—			65
Restructuring charges		35		177		35			242
Transaction-related items		153		4		256			24
Restructuring and transaction-related items		$188		$181		$291			$266

(a) Severance costs include the accelerated vesting of stock-based compensation.

The following is a rollforward of our restructuring severance liability, which is recorded in “Other current

liabilities” and “Other liabilities” on the Consolidated Balance Sheets, and is expected to be substantially paid by

the end of 2027.

(a) Excludes stock-based compensation expense of $9 million.