v3.26.1
Stockholders' Equity (Tables)
 6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Schedule of Changes in Outstanding Stock
The following table reflects the changes in our outstanding stock:
Class AClass B-1Class B-2Class VClass ZTreasury
Balance at March 31, 202626,338,786247,733247,73324,217—2,131,849
Conversion of noncontrolling interest——————
Shares granted upon vesting49,876—————
Issuance for compensation to non-employees (1)
10,907—————
Share repurchases——————
Share forfeitures——————
Balance at June 30, 202626,399,569247,733247,73324,217—2,131,849
Class AClass B-1 Class B-2 Class V Class Z Treasury
Balance at March 31, 202526,593,507247,733247,73325,505—1,600,076
Conversion of noncontrolling interest——————
Shares granted upon vesting46,806—————
Issuance for compensation to non-employees (1)
1,132—————
Share repurchases(202,767)————202,767
Share forfeitures——————
Balance at June 30, 202526,438,678247,733247,73325,505—1,802,843
Class AClass B-1Class B-2Class VClass ZTreasury
Balance at December 31, 202526,197,081247,733247,73324,217—2,131,849
Conversion of noncontrolling interest——————
Shares granted upon vesting181,097—————
Issuance for compensation to non-employees (1)
21,391—————
Share repurchases——————
Share forfeitures——————
Balance at June 30, 202626,399,569247,733247,73324,217—2,131,849
Class AClass B-1 Class B-2 Class V Class Z Treasury
Balance at December 31, 202426,585,193248,908248,90825,511—1,437,779
Conversion of noncontrolling interest6——(6)——
Shares granted upon vesting214,238—————
Issuance for compensation to non-employees (1)
4,305—————
Share repurchases(365,064)————365,064
Share forfeitures—(1,175)(1,175)———
Balance at June 30, 202526,438,678247,733247,73325,505—1,802,843
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(1)Issued to certain members of the Board of Directors in lieu of cash retainer.
Schedule of Changes in Accumulated Other Comprehensive Income, Net by Component
Changes in accumulated other comprehensive income, net of noncontrolling interests, are as follows (in millions):
Foreign
Currency
Translation
Adjustments
Interest
Rate
Swaps (1)
Total
Balance at March 31, 2026$2 $17 $19 
Other comprehensive income (loss) before reclassifications— 1 1 
Tax (expense) benefit— — — 
Other comprehensive income (loss) before reclassifications, net of tax— 1 1 
Amounts reclassified from accumulated other comprehensive income— (2)(2)
Tax expense— — — 
Amounts reclassified from accumulated other comprehensive income, net of tax— (2)(2)
Net current period other comprehensive income (loss), net of tax— (1)(1)
Balance at June 30, 2026$2 $16 $18 
_______________________________________________________
(1) Reclassifications from this category are recorded in Interest expense. See Note 13 “Derivative Financial Instruments” for additional information
Foreign
Currency
Translation
Adjustments
Interest
Rate
Swaps (1)
Total
Balance at March 31, 2025$4 $35 $39 
Other comprehensive income (loss) before reclassifications— 1 1 
Tax (expense) benefit— 2 2 
Other comprehensive income (loss) before reclassifications, net of tax— 3 3 
Amounts reclassified from accumulated other comprehensive income— (8)(8)
Tax expense— — — 
Amounts reclassified from accumulated other comprehensive income, net of tax— (8)(8)
Net current period other comprehensive income (loss), net of tax— (5)(5)
Balance at June 30, 2025$4 $30 $34 
_______________________________________________________
(1) Reclassifications from this category are recorded in Interest expense. See Note 13 “Derivative Financial Instruments” for additional information
Foreign
Currency
Translation
Adjustments
Interest
Rate
Swaps (1)
Total
Balance at December 31, 2025$4 $16 $20 
Other comprehensive income (loss) before reclassifications(2)3 1 
Tax (expense) benefit— — — 
Other comprehensive income (loss) before reclassifications, net of tax(2)3 1 
Amounts reclassified from accumulated other comprehensive income— (3)(3)
Tax expense— — — 
Amounts reclassified from accumulated other comprehensive income, net of tax— (3)(3)
Net current period other comprehensive income (loss), net of tax(2)— (2)
Balance at June 30, 2026$2 $16 $18 
_______________________________________________________
(1) Reclassifications from this category are recorded in Interest expense. See Note 13, “Derivative Financial Instruments” for additional
    information
Foreign
Currency
Translation
Adjustments
Interest
Rate
Swaps (1)
Total
Balance at December 31, 2024$4 $43 $47 
Other comprehensive income (loss) before reclassifications— (2)(2)
Tax (expense) benefit— 4 4 
Other comprehensive income (loss) before reclassifications, net of tax— 2 2 
Amounts reclassified from accumulated other comprehensive income— (15)(15)
Tax expense— — — 
Amounts reclassified from accumulated other comprehensive income, net of tax— (15)(15)
Net current period other comprehensive income (loss), net of tax— (13)(13)
Balance at June 30, 2025$4 $30 $34 
_______________________________________________________
(1) Reclassifications from this category are recorded in Interest expense. See Note 13, “Derivative Financial Instruments” for additional information