v3.26.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Cash flows from operating activities:    
Net income (loss) $ 97 $ (7)
Adjustments to reconcile net income (loss) to net cash provided by operating activities    
Depreciation and amortization expense 347 337
Stock-based compensation expense 35 34
Deferred tax benefit (20) (24)
Other (11) 11
Changes in operating assets and liabilities    
Accounts receivable (215) (76)
Other assets (39) 40
Accounts payable (4) (91)
Accrued expenses and other liabilities 73 40
Net cash provided by operating activities 263 264
Cash flows from investing activities:    
Capital expenditures (204) (269)
Proceeds from the sale of property and equipment 7 101
Cash paid in connection with divestiture (38) 0
Cross-currency swap agreements settlement 0 (1)
Net cash used in investing activities (235) (169)
Cash flows from financing activities:    
Common stock repurchased and excise tax paid (102) (200)
Net borrowings under revolving credit facilities 0 38
Repayments of long-term and other debt (401) (56)
Repayments of finance lease obligations (46) (38)
Proceeds from exercise of stock options 7 0
Taxes paid related to net share settlement of equity awards (18) (8)
Obligations under factoring arrangements 20 (2)
Other 4 0
Net cash used in financing activities (536) (266)
Effect of exchange rates on cash and cash equivalents (6) 30
Net decrease in cash, restricted cash and cash equivalents (514) (141)
Cash, restricted cash and cash equivalents, beginning of period 857 485
Cash, restricted cash and cash equivalents, end of period 343 344
Non-cash financing activities:    
Excise tax liability related to stock repurchases 1 2
Reconciliation of cash, restricted cash and cash equivalents    
Cash and cash equivalents 340  
Restricted cash 3  
Total cash, restricted cash and cash equivalents $ 343 $ 344