v3.26.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Income Statement [Abstract]              
Revenues $ 3,494 $ 2,181 $ 3,218 $ 2,089 $ 5,675 $ 5,307  
Cost of revenues (2,501) (1,973) (2,277) (1,852) (4,474) (4,129)  
Gross profit 993 208 941 237 1,201 1,178  
Selling, general and administrative expenses (283) (285) (286) (243) (568) (529)  
Gain on disposal of long-lived assets 3 5 4 1 8 5  
Loss on impairments (2)   (2)   (2) (2)  
Operating income 711 (72) 657 (5) 639 652  
Interest expense, net (89) (78) (121) (118) (167) (239)  
Other non-operating income, net (1) 2 1 1 1 2  
Income before income tax expense and income from equity method investments 621 (148) 537 (122) 473 415  
Income tax expense (146) 41 (122) 28 (105) (94)  
Income from equity method investments 1   1   1 1  
Net income 476 (107) 416 (94) 369 322 $ 1,191
Net loss attributable to noncontrolling interests 2 2 1 0 4 1  
Net income attributable to the Company $ 478 $ (105) $ 417 $ (94) $ 373 $ 323  
Earnings per share attributable to the Company:              
Basic (in dollars per share) $ 0.87 $ (0.19) $ 0.75 $ (0.17) $ 0.67 $ 0.58  
Diluted (in dollars per share) $ 0.86 $ (0.19) $ 0.75 $ (0.17) $ 0.67 $ 0.58  
Weighted-average number of shares outstanding:              
Basic (in shares) 552.5 553.2 553.1 553.1 552.9 553.1  
Diluted (in shares) 553.6 553.2 553.1 553.1 554.1 553.1