v3.26.1
Condensed Consolidated Statements of Changes in Equity (Unaudited) - USD ($)
shares in Thousands, $ in Millions
Total
Equity Before NCI
Common Stock
Treasury Stock
APIC
Retained Earnings
AOCIL
NCI
Beginning balance (in shares) at Dec. 31, 2024     119,496          
Beginning balance at Dec. 31, 2024 $ 3,035 $ 3,003 $ 1 $ 0 $ 2,629 $ 686 $ (313) $ 32
Increase (Decrease) in Stockholders' Equity                
Net income (loss) (67) (70)       (70)   3
Other comprehensive income (loss) 197 193         193 4
Common stock issued under employee stock plans and exercises of stock options and Vesting of stock compensation awards (in shares)     495          
Tax withholding on vesting of stock-based compensation awards (in shares)     (183)          
Tax withholding on vesting of stock-based compensation awards (7) (7)     (7)      
Stock-based compensation 23 23     23      
Common stock repurchased (in shares)     (5,356)          
Common stock repurchased (202) (202)   (202)        
Dividends to NCI (4)             (4)
Ending balance (in shares) at Jun. 30, 2025     114,452          
Ending balance at Jun. 30, 2025 2,975 2,940 $ 1 (202) 2,645 616 (120) 35
Beginning balance (in shares) at Mar. 31, 2025     116,955          
Beginning balance at Mar. 31, 2025 2,904 2,870 $ 1 (111) 2,635 590 (245) 34
Increase (Decrease) in Stockholders' Equity                
Net income (loss) 28 26       26   2
Other comprehensive income (loss) 128 125         125 3
Common stock issued under employee stock plans and exercises of stock options and Vesting of stock compensation awards (in shares)     125          
Tax withholding on vesting of stock-based compensation awards (in shares)     (38)          
Tax withholding on vesting of stock-based compensation awards (1) (1)     (1)      
Stock-based compensation 11 11     11      
Common stock repurchased (in shares)     (2,590)          
Common stock repurchased (91) (91)   (91)        
Dividends to NCI (4)             (4)
Ending balance (in shares) at Jun. 30, 2025     114,452          
Ending balance at Jun. 30, 2025 $ 2,975 2,940 $ 1 (202) 2,645 616 (120) 35
Beginning balance (in shares) at Dec. 31, 2025 114,512   114,512          
Beginning balance at Dec. 31, 2025 $ 3,015 2,983 $ 1 (202) 2,667 718 (201) 32
Increase (Decrease) in Stockholders' Equity                
Net income (loss) 32 29       29   3
Other comprehensive income (loss) (22) (22)         (22) 0
Common stock issued under employee stock plans and exercises of stock options and Vesting of stock compensation awards (in shares)     890          
Common stock issued under employee stock plans and exercises of stock options and Vesting of stock compensation awards 7 7     7      
Tax withholding on vesting of stock-based compensation awards (in shares)     (300)          
Tax withholding on vesting of stock-based compensation awards (17) (17)     (17)      
Stock-based compensation 23 23     23      
Common stock repurchased (in shares)     (332)          
Common stock repurchased $ (16) (16)   (16)        
Ending balance (in shares) at Jun. 30, 2026 114,770   114,770          
Ending balance at Jun. 30, 2026 $ 3,022 2,987 $ 1 (218) 2,680 747 (223) 35
Beginning balance (in shares) at Mar. 31, 2026     115,024          
Beginning balance at Mar. 31, 2026 3,003 2,968 $ 1 (202) 2,669 722 (222) 35
Increase (Decrease) in Stockholders' Equity                
Net income (loss) 27 25       25   2
Other comprehensive income (loss) (3) (1)         (1) (2)
Common stock issued under employee stock plans and exercises of stock options and Vesting of stock compensation awards (in shares)     103          
Tax withholding on vesting of stock-based compensation awards (in shares)     (25)          
Tax withholding on vesting of stock-based compensation awards (2) (2)     (2)      
Stock-based compensation 13 13     13      
Common stock repurchased (in shares)     (332)          
Common stock repurchased $ (16) (16)   (16)        
Ending balance (in shares) at Jun. 30, 2026 114,770   114,770          
Ending balance at Jun. 30, 2026 $ 3,022 $ 2,987 $ 1 $ (218) $ 2,680 $ 747 $ (223) $ 35