v3.26.1
Earnings Per Share of Common Stock - Schedule of Earnings Per Share, Basic and Diluted (Details) - USD ($)
$ / shares in Units, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Numerator:        
Net Income (Loss) $ (274) $ (380) $ (303) $ (385)
Denominator:        
Weighted-average number of common shares outstanding - basic 151,225,044 150,238,691 150,997,325 150,078,085
Dilutive effect of the Company’s employee compensation plans 0 0 0 0
Weighted-average number of common shares outstanding - diluted 151,225,044 150,238,691 150,997,325 150,078,085
Basic (loss) earnings per share of common stock [1] $ (1.81) $ (2.53) $ (2.01) $ (2.56)
Diluted (loss) earnings per share of common stock [1],[2] $ (1.81) $ (2.53) $ (2.01) $ (2.56)
[1] Figures may not recalculate exactly due to rounding. Basic and diluted earnings per share are calculated based on unrounded numbers.
[2] In periods where the Company incurs a net loss, the impact of potentially dilutive securities is excluded from the calculation of EPS, as their inclusion would have an anti-dilutive effect. As such, with respect to the measure of diluted EPS, the impact of 1,588,513 and 1,204,120 potentially dilutive securities is excluded from the calculation for three and six months ended June 30, 2026, respectively. Additionally, with respect to the measure of diluted EPS, the impact of 268,070 and 379,632 potentially dilutive securities is excluded from the calculation for the three and six months ended June 30, 2025, respectively.