v3.26.3
CONSOLIDATED STATEMENTS OF EQUITY (Unaudited) - USD ($)
$ in Millions
Total
Class A common stock
Additional paid-in capital
Accumulated earnings
Accumulated other comprehensive loss
Non- controlling interests
Beginning balance at Dec. 31, 2024 $ 9,192 $ 3 $ 0 $ 9,567 $ (1,159) $ 781
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 809     741   68
Compensation expense for equity awards 110   110      
Units repurchased for payment of taxes on equity awards (34)   (34) 0    
Repurchase of common stock (669)   (124) (545)    
Foreign currency translation loss (134)       (152) 18
Distributions to non-controlling interests (36)         (36)
Acquisition of non-controlling interests (362)   83   35 (480)
Other 8   9 5 (4) (2)
Ending balance at Sep. 30, 2025 8,884 3 44 9,768 (1,280) 349
Beginning balance at Dec. 31, 2024 0          
Redeemable Non-controlling interests            
Net income 18          
Foreign currency translation gain 27          
Acquisition of non-controlling interests 364          
Other 0          
Ending balance at Sep. 30, 2025 409          
Beginning balance at Jun. 30, 2025 8,585 3 0 9,393 (1,143) 332
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 387     363   24
Compensation expense for equity awards 47   47      
Units repurchased for payment of taxes on equity awards (6)   (6)      
Foreign currency translation loss (153)       (147) (6)
Other 24   3 12 10 (1)
Ending balance at Sep. 30, 2025 8,884 3 44 9,768 (1,280) 349
Beginning balance at Jun. 30, 2025 408          
Redeemable Non-controlling interests            
Net income 9          
Foreign currency translation gain (10)          
Other 2          
Ending balance at Sep. 30, 2025 409          
Beginning balance at Dec. 31, 2025 9,193 3 0 9,916 (1,041) 315
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 1,053     965   88
Compensation expense for equity awards 158   158      
Units repurchased for payment of taxes on equity awards (45)   (45)      
Repurchase of common stock (1,173)   (105) (1,068)    
Foreign currency translation loss (75)       (71) (4)
Distributions to non-controlling interests (61)         (61)
Other (34)   (8) (30) (2) 6
Ending balance at Sep. 30, 2026 9,016 3 0 9,783 (1,114) 344
Beginning balance at Dec. 31, 2025 433          
Redeemable Non-controlling interests            
Net income 16          
Foreign currency translation gain (9)          
Other 21          
Ending balance at Sep. 30, 2026 461          
Beginning balance at Jun. 30, 2026 8,720 3 0 9,512 (1,117) 322
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 474     443   31
Compensation expense for equity awards 51   51      
Units repurchased for payment of taxes on equity awards (5)   (5)      
Repurchase of common stock (219)   (47) (172)    
Foreign currency translation loss 4       4 0
Other (9)   1 0 (1) (9)
Ending balance at Sep. 30, 2026 9,016 $ 3 $ 0 $ 9,783 $ (1,114) $ 344
Beginning balance at Jun. 30, 2026 454          
Redeemable Non-controlling interests            
Net income 6          
Foreign currency translation gain 0          
Other 1          
Ending balance at Sep. 30, 2026 $ 461