v3.26.1
Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)
$ in Millions
Total
Open Market Repurchases [Member]
Common Stock [Member]
Treasury Stock [Member]
Treasury Stock [Member]
Open Market Repurchases [Member]
Common Stock Shares Outstanding [Member]
Common Stock Shares Outstanding [Member]
Open Market Repurchases [Member]
Additional Paid-In Capital [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Retained Earnings [Member]
Beginning Balance, Value at Dec. 31, 2024 $ 2,641   $ 4 $ (5,443)       $ 3,380 $ 3 $ 4,697
Beginning Balance, Shares at Dec. 31, 2024     465,308,901     103,025,557        
Treasury Stock, Common, Shares at Dec. 31, 2024       (362,283,344)            
Comprehensive income (loss):                    
Net income (loss) 11                 11
Other comprehensive income (loss), net of tax (3)               (3)  
Total comprehensive income (loss) 8                  
Cash dividends:                    
Common stock (32)                 (32)
Dividend equivalent units related to employee stock-based compensation plans (2)                 (2)
Issuance of common shares $ 2             2    
Issuance of common shares, Shares 1,300,000   1,287,528     1,287,528        
Stock-based compensation expense $ 12             12    
Common stock repurchased   $ (59)     $ (59) $ (59)        
Common stock repurchased, shares         (4,463,392) (4,500,000) (4,463,392)      
Shares repurchased related to employee stock-based compensation plans $ (6)     $ (6)            
Shares repurchased related to employee stock-based compensation plans, Shares (400,000)     (418,655)   (418,655)        
Ending Balance, Value at Jun. 30, 2025 $ 2,564   $ 4 $ (5,508)       3,394   4,674
Ending Balance, Shares at Jun. 30, 2025     466,596,429     99,431,038        
Treasury Stock, Common, Shares at Jun. 30, 2025       (367,165,391)            
Beginning Balance, Value at Mar. 31, 2025 2,589   $ 4 $ (5,484)       3,390 2 4,677
Beginning Balance, Shares at Mar. 31, 2025     466,581,434     101,334,478        
Treasury Stock, Common, Shares at Mar. 31, 2025       (365,246,956)            
Comprehensive income (loss):                    
Net income (loss) 14                 14
Other comprehensive income (loss), net of tax (2)               (2)  
Total comprehensive income (loss) 12                  
Cash dividends:                    
Common stock (16)                 (16)
Dividend equivalent units related to employee stock-based compensation plans $ (1)                 (1)
Issuance of common shares, Shares 0   14,995     14,995        
Stock-based compensation expense $ 4             4    
Common stock repurchased   (24)     $ (24) $ (24)        
Common stock repurchased, shares         (1,910,892) (1,900,000) (1,910,892)      
Shares repurchased related to employee stock-based compensation plans, Shares 0     (7,543)   (7,543)        
Ending Balance, Value at Jun. 30, 2025 $ 2,564   $ 4 $ (5,508)       3,394   4,674
Ending Balance, Shares at Jun. 30, 2025     466,596,429     99,431,038        
Treasury Stock, Common, Shares at Jun. 30, 2025       (367,165,391)            
Beginning Balance, Value at Dec. 31, 2025 $ 2,399   $ 4 $ (5,562)       3,403 2 4,552
Beginning Balance, Shares at Dec. 31, 2025     466,792,895     95,511,342        
Treasury Stock, Common, Shares at Dec. 31, 2025 371,000,000     (371,281,553)            
Comprehensive income (loss):                    
Net income (loss) $ 42                 42
Other comprehensive income (loss), net of tax 12               12  
Total comprehensive income (loss) 54                  
Cash dividends:                    
Common stock (30)                 (30)
Dividend equivalent units related to employee stock-based compensation plans (2)                 (2)
Issuance of common shares $ 1             1    
Issuance of common shares, Shares 1,300,000   1,347,984     1,347,984        
Stock-based compensation expense $ 6             6    
Common stock repurchased   (26)     $ (26) $ (26)        
Common stock repurchased, shares         (2,649,994) (2,600,000) (2,649,994)      
Shares repurchased related to employee stock-based compensation plans $ (4)     $ (4)            
Shares repurchased related to employee stock-based compensation plans, Shares (400,000)     (425,504)   (425,504)        
Ending Balance, Value at Jun. 30, 2026 $ 2,398   $ 4 $ (5,592)       3,410 14 4,562
Ending Balance, Shares at Jun. 30, 2026     468,140,879     93,783,828        
Treasury Stock, Common, Shares at Jun. 30, 2026 374,000,000     (374,357,051)            
Beginning Balance, Value at Mar. 31, 2026 $ 2,379   $ 4 $ (5,589)       3,407 5 4,552
Beginning Balance, Shares at Mar. 31, 2026     468,004,107     93,979,984        
Treasury Stock, Common, Shares at Mar. 31, 2026       (374,024,123)            
Comprehensive income (loss):                    
Net income (loss) 25                 25
Other comprehensive income (loss), net of tax 9               9  
Total comprehensive income (loss) 34                  
Cash dividends:                    
Common stock $ (15)                 (15)
Issuance of common shares, Shares 100,000   136,772     136,772        
Stock-based compensation expense $ 3             3    
Common stock repurchased   $ (2)     $ (2) $ (2)        
Common stock repurchased, shares         (302,069) (300,000) (302,069)      
Shares repurchased related to employee stock-based compensation plans $ (1)     $ (1)            
Shares repurchased related to employee stock-based compensation plans, Shares 0     (30,859)   (30,859)        
Ending Balance, Value at Jun. 30, 2026 $ 2,398   $ 4 $ (5,592)       $ 3,410 $ 14 $ 4,562
Ending Balance, Shares at Jun. 30, 2026     468,140,879     93,783,828        
Treasury Stock, Common, Shares at Jun. 30, 2026 374,000,000     (374,357,051)