v3.26.1
Condensed Consolidated Statements of Changes in Equity - USD ($)
$ in Millions
Total
Additional Paid-in Capital
Retained Earnings
Total Non-controlling Interest
Class A common shares
Common Stock
Class D Common Stock
Common Stock
Class L common shares
Common Stock
Beginning balance (in shares) at Dec. 31, 2024         146,028,193 1,848,879,483 0
Beginning balance at Dec. 31, 2024 $ 9,043 $ 389 $ 313 $ 8,341      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) (212)   (10) (202)      
Share-based compensation, net (in shares)         3,243,276    
Share-based compensation, net 38 3   35      
Special Dividends to Class A Shareholders, net of forfeitures (113)     (113)      
Special Dividends to Class A Shareholders, net of forfeitures (145)   (123) (22)      
Taxes withheld on team members' restricted share award vesting (28) (2)   (26)      
Issuance of Class A common stock upon exercise of stock options (in shares)         40,000    
Issuance of Class A common stock under share-based compensation plans (in shares)         839,012    
Issuance of Class A common stock under share-based compensation plans 9 1   8      
Change in controlling interest of investment, net (8) 13   (21)      
Ending balance (in shares) at Mar. 31, 2025         150,150,481 1,848,879,483 0
Ending balance at Mar. 31, 2025 8,584 404 180 8,000      
Beginning balance (in shares) at Dec. 31, 2024         146,028,193 1,848,879,483 0
Beginning balance at Dec. 31, 2024 9,043 389 313 8,341      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) (178)            
Cumulative translation adjustment 1            
Ending balance (in shares) at Jun. 30, 2025         151,513,350 0 1,848,879,455
Ending balance at Jun. 30, 2025 7,449 7,271 178 0      
Beginning balance (in shares) at Mar. 31, 2025         150,150,481 1,848,879,483 0
Beginning balance at Mar. 31, 2025 8,584 404 180 8,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 34   (2) 36      
Cumulative translation adjustment 1     1      
Share-based compensation, net (in shares)         586,990    
Share-based compensation, net 49 4   45      
Taxes withheld on team members' restricted share award vesting (5) (1)   (4)      
Issuance of Class A common stock under share-based compensation plans (in shares)         775,879    
Issuance of Class A common stock under share-based compensation plans 10 1   9      
Change in controlling interest of investment, net (in shares)           (1,848,879,483) 1,848,879,455
Change in controlling interest of investment, net (1,224) 6,863   (8,087)      
Ending balance (in shares) at Jun. 30, 2025         151,513,350 0 1,848,879,455
Ending balance at Jun. 30, 2025 7,449 7,271 178 0      
Beginning balance (in shares) at Dec. 31, 2025         969,277,991 0 1,848,879,455
Beginning balance at Dec. 31, 2025 22,898 22,774 124 0      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 297   297        
Share-based compensation, net (in shares)         8,281,368    
Share-based compensation, net 101 101          
Taxes withheld on team members' restricted share award vesting (88) (88)          
Issuance of Class A common stock upon exercise of stock options (in shares)         623,015    
Issuance of Class A common stock upon exercise of stock options 10 10          
Issuance of Class A common stock under share-based compensation plans (in shares)         522,479    
Issuance of Class A common stock under share-based compensation plans 12 12          
Ending balance (in shares) at Mar. 31, 2026         978,704,853 0 1,848,879,455
Ending balance at Mar. 31, 2026 23,230 22,809 421 0      
Beginning balance (in shares) at Dec. 31, 2025         969,277,991 0 1,848,879,455
Beginning balance at Dec. 31, 2025 22,898 22,774 124 0      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 526            
Cumulative translation adjustment 0            
Ending balance (in shares) at Jun. 30, 2026         981,617,910 0 1,848,879,455
Ending balance at Jun. 30, 2026 23,546 22,894 651 1      
Beginning balance (in shares) at Mar. 31, 2026         978,704,853 0 1,848,879,455
Beginning balance at Mar. 31, 2026 23,230 22,809 421 0      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 229   230 (1)      
Cumulative translation adjustment 0            
Share-based compensation, net (in shares)         1,783,176    
Share-based compensation, net 80 80          
Taxes withheld on team members' restricted share award vesting (17) (17)          
Issuance of Class A common stock upon exercise of stock options (in shares)         13,117    
Issuance of Class A common stock under share-based compensation plans (in shares)         1,116,764    
Issuance of Class A common stock under share-based compensation plans 17 17          
Change in controlling interest of investment, net 7 5   2      
Ending balance (in shares) at Jun. 30, 2026         981,617,910 0 1,848,879,455
Ending balance at Jun. 30, 2026 $ 23,546 $ 22,894 $ 651 $ 1