v3.26.1
Revision of prior period financial statements - Condensed Consolidated Statements of Operations (Details) - USD ($)
$ / shares in Units, 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
Error Corrections and Prior Period Adjustments Restatement [Line Items]              
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 (loss) 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  
As previously reported              
Error Corrections and Prior Period Adjustments Restatement [Line Items]              
Revenues   $ 2,178 $ 3,220 $ 2,081   $ 5,301  
Cost of revenues   (1,967) (2,254) (1,859)   (4,113)  
Gross profit   211 966 222   1,188  
Selling, general and administrative expenses   (292) (299) (239)   (538)  
Gain on disposal of long-lived assets   5 4 1   5  
Loss on impairments     (2)     (2)  
Operating income   (76) 669 (16)   653  
Interest expense, net   (70) (121) (118)   (239)  
Other non-operating income, net   1 1 1   2  
Income before income tax expense and income from equity method investments   (145) 549 (133)   416  
Income tax expense   27 (122) 46   (76)  
Income from equity method investments     1     1  
Net income (loss)   (118) 428 (87)   341 1,182
Net loss attributable to noncontrolling interests   2 1 0   1  
Net income attributable to the Company   $ (116) $ 429 $ (87)   $ 342  
Earnings per share attributable to the Company:              
Basic (in dollars per share)   $ (0.21) $ 0.78 $ (0.16)   $ 0.62  
Diluted (in dollars per share)   $ (0.21) $ 0.78 $ (0.16)   $ 0.62  
Weighted-average number of shares outstanding:              
Basic (in shares)   553.2 553.1 553.1   553.1  
Diluted (in shares)   553.2 553.1 553.1   553.1  
Adjustments              
Error Corrections and Prior Period Adjustments Restatement [Line Items]              
Revenues   $ 3 $ (2) $ 8   $ 6  
Cost of revenues   (6) (23) 7   (16)  
Gross profit   (3) (25) 15   (10)  
Selling, general and administrative expenses   7 13 (4)   9  
Gain on disposal of long-lived assets   0 0 0   0  
Loss on impairments     0     0  
Operating income   4 (12) 11   (1)  
Interest expense, net   (8) 0 0   0  
Other non-operating income, net   1 0 0   0  
Income before income tax expense and income from equity method investments   (3) (12) 11   (1)  
Income tax expense   14 0 (18)   (18)  
Income from equity method investments     0     0  
Net income (loss)   11 (12) (7)   (19) $ 9
Net loss attributable to noncontrolling interests   0 0 0   0  
Net income attributable to the Company   $ 11 $ (12) $ (7)   $ (19)  
Earnings per share attributable to the Company:              
Basic (in dollars per share)   $ 0.02 $ (0.03) $ (0.01)   $ (0.04)  
Diluted (in dollars per share)   $ 0.02 $ (0.03) $ (0.01)   $ (0.04)  
Weighted-average number of shares outstanding:              
Basic (in shares)   0.0 0.0 0.0   0.0  
Diluted (in shares)   0.0 0.0 0.0   0.0