v3.26.1
Condensed Consolidated Statements of Stockholders' Equity (unaudited) - USD ($)
$ in Millions
Total
Common Stock
Treasury Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income
Beginning balance at Dec. 31, 2024 $ 3,538 $ 1 $ (796) $ 2,578 $ 1,680 $ 75
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 287       287  
Share-based compensation 14     14    
Repurchases of common stock (354)   (126) (228)    
Issuance of common stock 6     6    
Cash dividend (71)       (71)  
Shares cancelled for taxes (11)     (11)    
Other comprehensive income (loss), net of tax (3)         (3)
Other 1       1  
Ending balance at Jun. 30, 2025 3,407 1 (922) 2,359 1,897 72
Beginning balance at Mar. 31, 2025 3,516 1 (897) 2,580 1,759 73
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 172       172  
Share-based compensation 8     8    
Repurchases of common stock (253)   (25) (228)    
Cash dividend (35)       (35)  
Other comprehensive income (loss), net of tax (1)         (1)
Other 0     (1) 1  
Ending balance at Jun. 30, 2025 3,407 1 (922) 2,359 1,897 72
Beginning balance at Dec. 31, 2025 3,674 1 (944) 2,625 1,905 87
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) (197)       (197)  
Share-based compensation 20     22 (2)  
Repurchases of common stock (10)   (10)      
Cash dividend (72)       (72)  
Shares cancelled for taxes (13)     (13)    
Other comprehensive income (loss), net of tax (2)         (2)
Other 2     2    
Ending balance at Jun. 30, 2026 3,402 1 (954) 2,636 1,634 85
Beginning balance at Mar. 31, 2026 2,918 1 (954) 2,626 1,159 86
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 514       514  
Share-based compensation 8     10 (2)  
Repurchases of common stock 0          
Cash dividend (36)       (36)  
Shares cancelled for taxes (1)     (1)    
Other comprehensive income (loss), net of tax (1)         (1)
Other 0     1 (1)  
Ending balance at Jun. 30, 2026 $ 3,402 $ 1 $ (954) $ 2,636 $ 1,634 $ 85