v3.26.3
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 (loss) income 351       351  
Share-based compensation 20     20    
Repurchases of common stock (354)   (126) (228)    
Issuance of common stock 6     6    
Cash dividend (104)       (104)  
Shares cancelled for taxes (12)     (12)    
Other comprehensive loss, net of tax (3)         (3)
Other 1     1    
Ending balance at Sep. 30, 2025 3,443 1 (922) 2,365 1,927 72
Beginning balance at Jun. 30, 2025 3,407 1 (922) 2,359 1,897 72
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income 64       64  
Share-based compensation 6     6    
Repurchases of common stock 0          
Cash dividend (33)       (33)  
Shares cancelled for taxes (1)     (1)    
Other 0     1 (1)  
Ending balance at Sep. 30, 2025 3,443 1 (922) 2,365 1,927 72
Beginning balance at Dec. 31, 2025 3,674 1 (944) 2,625 1,905 87
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income (512)       (512)  
Share-based compensation 29     31 (2)  
Repurchases of common stock (40)   (40)      
Cash dividend (110)       (110)  
Shares cancelled for taxes (13)     (13)    
Other comprehensive loss, net of tax (6)         (6)
Other 3     2 1  
Ending balance at Sep. 30, 2026 3,025 1 (984) 2,645 1,282 81
Beginning balance at Jun. 30, 2026 3,402 1 (954) 2,636 1,634 85
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income (315)       (315)  
Share-based compensation 9     9    
Repurchases of common stock (30)   (30)      
Cash dividend (38)       (38)  
Other comprehensive loss, net of tax (4)         (4)
Other 1       1  
Ending balance at Sep. 30, 2026 $ 3,025 $ 1 $ (984) $ 2,645 $ 1,282 $ 81