v3.26.3
Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($)
$ in Millions
Total
Additional Paid-in Capital
Deficit
Accumulated Other Comprehensive Income (Loss)
Balance at Dec. 31, 2024 $ 2,588 $ 2,827 $ (125) $ (114)
Net Income (Loss) (385)   (385)  
Net derivative gains (losses) on cash flow hedges:        
Net gains (losses) arising during the period, net of tax 18     18
Less: Reclassification adjustment for losses (gains) included in net loss, net of tax 11     11
Foreign currency translation adjustments 38     38
Change in unrecognized gains (losses) and prior service cost related to pension and other post-retirement benefit plans, net of tax (1)     (1)
Balance at Sep. 30, 2025 2,269 2,827 (510) (48)
Balance at Jun. 30, 2025 2,623 2,827 (195) (9)
Net Income (Loss) (315)   (315)  
Net derivative gains (losses) on cash flow hedges:        
Net gains (losses) arising during the period, net of tax (18)     (18)
Less: Reclassification adjustment for losses (gains) included in net loss, net of tax 2     2
Foreign currency translation adjustments (23)     (23)
Change in unrecognized gains (losses) and prior service cost related to pension and other post-retirement benefit plans, net of tax 0      
Balance at Sep. 30, 2025 2,269 2,827 (510) (48)
Balance at Dec. 31, 2025 1,905 2,827 (929) 7
Net Income (Loss) (256)   (256)  
Net derivative gains (losses) on cash flow hedges:        
Net gains (losses) arising during the period, net of tax (12)     (12)
Less: Reclassification adjustment for losses (gains) included in net loss, net of tax (1)     (1)
Foreign currency translation adjustments (32)     (32)
Change in unrecognized gains (losses) and prior service cost related to pension and other post-retirement benefit plans, net of tax 5     5
Balance at Sep. 30, 2026 1,609 2,827 (1,185) (33)
Balance at Jun. 30, 2026 1,633 2,827 (1,153) (41)
Net Income (Loss) (32)   (32)  
Net derivative gains (losses) on cash flow hedges:        
Net gains (losses) arising during the period, net of tax 2     2
Less: Reclassification adjustment for losses (gains) included in net loss, net of tax 5     5
Foreign currency translation adjustments 1     1
Change in unrecognized gains (losses) and prior service cost related to pension and other post-retirement benefit plans, net of tax 0     0
Balance at Sep. 30, 2026 $ 1,609 $ 2,827 $ (1,185) $ (33)