v3.26.1
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ in Millions
Total
Class B common stock
Common stock
Common stock
Class B common stock
Additional paid-in capital
Treasury stock - Common and Class B
Retained earnings (deficit)
Accumulated other comprehensive income (loss)
Non-redeemable non-controlling interest
Common stock, beginning balance (in shares) at Dec. 31, 2024     287,508,795 12,799,999          
Beginning balance at Dec. 31, 2024 $ 2,799   $ 0 $ 0 $ 16,043 $ (14,856) $ 602 $ (232) $ 1,242
Treasury stock, beginning balance (in shares) at Dec. 31, 2024           171,514,683      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 125           130   (5)
Other comprehensive income (loss), net of taxes 55             45 10
Payment of dividends to stockholders (declared at $0.40 per share and $0.48 per share) (102)           (102)    
Proceeds from exercise of equity instruments and employee stock purchase plans (in shares)     1,840,705            
Proceeds from exercise of equity instruments and employee stock purchase plans 25       25        
Treasury stock activity related to vesting of equity instruments (in shares)           576,166      
Treasury stock activity related to vesting of equity instruments (105)         $ (105)      
Common stock repurchases (in shares)           5,566,408      
Common stock repurchases (957)         $ (957)      
Other changes in ownership of non-controlling interests 4       1       3
Stock-based compensation expense 248       248        
Other (6)         (6)      
Common stock, ending balance (in shares) at Jun. 30, 2025     289,349,500 12,799,999          
Ending balance at Jun. 30, 2025 2,086   $ 0 $ 0 16,317 $ (15,924) 630 (187) 1,250
Treasury stock, ending balance (in shares) at Jun. 30, 2025           177,657,257      
Common stock, beginning balance (in shares) at Mar. 31, 2025     288,477,142 12,799,999          
Beginning balance at Mar. 31, 2025 2,321   $ 0 $ 0 16,184 $ (15,243) 351 (220) 1,249
Treasury stock, beginning balance (in shares) at Mar. 31, 2025           173,533,787      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 322           330   (8)
Other comprehensive income (loss), net of taxes 40             33 7
Payment of dividends to stockholders (declared at $0.40 per share and $0.48 per share) (51)           (51)    
Proceeds from exercise of equity instruments and employee stock purchase plans (in shares)     872,358            
Treasury stock activity related to vesting of equity instruments (in shares)           299,177      
Treasury stock activity related to vesting of equity instruments (51)         $ (51)      
Common stock repurchases (in shares)           3,824,293      
Common stock repurchases (627)         $ (627)      
Other changes in ownership of non-controlling interests 3       1       2
Stock-based compensation expense 132       132        
Other (3)         (3)      
Common stock, ending balance (in shares) at Jun. 30, 2025     289,349,500 12,799,999          
Ending balance at Jun. 30, 2025 $ 2,086   $ 0 $ 0 16,317 $ (15,924) 630 (187) 1,250
Treasury stock, ending balance (in shares) at Jun. 30, 2025           177,657,257      
Common stock, beginning balance (in shares) at Dec. 31, 2025 116,975,000 5,523,000 291,447,577 12,799,999          
Beginning balance at Dec. 31, 2025 $ 2,547   $ 0 $ 0 16,565 $ (16,786) 1,696 (191) 1,263
Treasury stock, beginning balance (in shares) at Dec. 31, 2025 181,749,000 7,300,000       181,749,380      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) $ 863           872   (9)
Other comprehensive income (loss), net of taxes 2             4 (2)
Payment of dividends to stockholders (declared at $0.40 per share and $0.48 per share) (116)           (116)    
Proceeds from exercise of equity instruments and employee stock purchase plans (in shares)     2,361,870            
Proceeds from exercise of equity instruments and employee stock purchase plans 25       25        
Withholding taxes for stock options (65)       (65)        
Treasury stock activity related to vesting of equity instruments (in shares)           675,297      
Treasury stock activity related to vesting of equity instruments $ (147)         $ (147)      
Common stock repurchases (in shares) 4,200,000         4,188,443      
Common stock repurchases $ (900)         $ (900)      
Other changes in ownership of non-controlling interests 6       (4)       10
Stock-based compensation expense 262       262        
Other $ (6)         (6)      
Common stock, ending balance (in shares) at Jun. 30, 2026 114,473,000 5,523,000 293,809,447 12,799,999          
Ending balance at Jun. 30, 2026 $ 2,471   $ 0 $ 0 16,783 $ (17,839) 2,452 (187) 1,262
Treasury stock, ending balance (in shares) at Jun. 30, 2026 186,613,000 7,300,000       186,613,120      
Common stock, beginning balance (in shares) at Mar. 31, 2026     292,659,018 12,799,999          
Beginning balance at Mar. 31, 2026 $ 1,836   $ 0 $ 0 16,709 $ (17,577) 1,632 (188) 1,260
Treasury stock, beginning balance (in shares) at Mar. 31, 2026           185,459,145      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 875           878   (3)
Other comprehensive income (loss), net of taxes 0             1 (1)
Payment of dividends to stockholders (declared at $0.40 per share and $0.48 per share) (58)           (58)    
Proceeds from exercise of equity instruments and employee stock purchase plans (in shares)     1,150,429            
Withholding taxes for stock options (65)       (65)        
Treasury stock activity related to vesting of equity instruments (in shares)           270,496      
Treasury stock activity related to vesting of equity instruments (59)         $ (59)      
Common stock repurchases (in shares)           883,479      
Common stock repurchases (200)         $ (200)      
Other changes in ownership of non-controlling interests 4       (2)       6
Stock-based compensation expense 142       142        
Other $ (4)       (1) (3)      
Common stock, ending balance (in shares) at Jun. 30, 2026 114,473,000 5,523,000 293,809,447 12,799,999          
Ending balance at Jun. 30, 2026 $ 2,471   $ 0 $ 0 $ 16,783 $ (17,839) $ 2,452 $ (187) $ 1,262
Treasury stock, ending balance (in shares) at Jun. 30, 2026 186,613,000 7,300,000       186,613,120