v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY - USD ($)
shares in Thousands, $ in Millions
Total
Class A Common Stock, Class B Common Stock and Class C Capital Stock
Additional Paid-In Capital
Accumulated Deficit
Accumulated Other Comprehensive Income (Loss)
Beginning balance (in shares) at Dec. 31, 2024   242,489      
Beginning balance at Dec. 31, 2024 $ 4,848 $ 0 $ 6,733 $ (1,882) $ (3)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of Class C capital stock upon exercise of stock options (in shares)   1,320      
Issuance of Class C capital stock upon exercise of stock options 55   55    
Vesting of restricted stock units (in shares)   2,967      
Share-based compensation expense 229   229    
Settlement of convertible senior notes (in shares)   1      
Stock Issued During Period, Value, Conversion of Convertible Securities 0   0    
Repurchases of Class A common stock and Class C capital stock (in shares)   (5,645)      
Repurchases of Class A common stock and Class C capital stock (400)   (400)    
Net income (loss) 10     10  
Other Comprehensive Income (Loss) 4       4
Ending balance (in shares) at Jun. 30, 2025   241,132      
Ending balance at Jun. 30, 2025 4,746 $ 0 6,617 (1,872) 1
Beginning balance (in shares) at Mar. 31, 2025   241,320      
Beginning balance at Mar. 31, 2025 4,754 $ 0 6,628 (1,874) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of Class C capital stock upon exercise of stock options (in shares)   520      
Issuance of Class C capital stock upon exercise of stock options 22   22    
Vesting of restricted stock units (in shares)   1,597      
Share-based compensation expense 117   117    
Repurchases of Class A common stock and Class C capital stock (150)   (150)    
Net income (loss) 2     2  
Other Comprehensive Income (Loss) 1       1
Ending balance (in shares) at Jun. 30, 2025   241,132      
Ending balance at Jun. 30, 2025 4,746 $ 0 6,617 (1,872) 1
Beginning balance (in shares) at Dec. 31, 2025   240,446      
Beginning balance at Dec. 31, 2025 $ 4,884 $ 0 6,741 (1,859) 2
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of Class C capital stock upon exercise of stock options (in shares) 785 785      
Issuance of Class C capital stock upon exercise of stock options $ 23   23    
Vesting of restricted stock units (in shares)   2,747      
Share-based compensation expense 196   196    
Repurchases of Class A common stock and Class C capital stock (in shares)   (19,109)      
Repurchases of Class A common stock and Class C capital stock (834)   (834)    
Net income (loss) 42     42  
Other Comprehensive Income (Loss) (3)       (3)
Ending balance (in shares) at Jun. 30, 2026   224,869      
Ending balance at Jun. 30, 2026 4,308 $ 0 6,126 (1,817) (1)
Beginning balance (in shares) at Mar. 31, 2026   229,095      
Beginning balance at Mar. 31, 2026 4,408 $ 0 6,221 (1,813) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of Class C capital stock upon exercise of stock options (in shares)   127      
Issuance of Class C capital stock upon exercise of stock options 5   5    
Vesting of restricted stock units (in shares)   1,291      
Share-based compensation expense 101   101    
Repurchases of Class A common stock and Class C capital stock (in shares)   (5,644)      
Repurchases of Class A common stock and Class C capital stock (201)   (201)    
Net income (loss) (4)     (4)  
Other Comprehensive Income (Loss) (1)       (1)
Ending balance (in shares) at Jun. 30, 2026   224,869      
Ending balance at Jun. 30, 2026 $ 4,308 $ 0 $ 6,126 $ (1,817) $ (1)