v3.26.3
Condensed Consolidated Statements of Equity - USD ($)
$ in Millions
Former Member's Investment
Additional paid-in capital
Retained earnings (deficit)
Total
Beginning balance at Dec. 31, 2024 $ 1,777   $ (363) $ 1,414
Increase (Decrease) in Stockholders' Equity        
Net earnings (loss)     (325) (325)
Stock-based compensation 7 $ 2   9
Change in capitalization in connection with the Separation (1,778) 2,058   280
Other (6)     (6)
Ending balance at Sep. 30, 2025   2,060 (688) 1,372
Beginning balance at Jun. 30, 2025 1,778   (301) 1,477
Increase (Decrease) in Stockholders' Equity        
Net earnings (loss)     (387) (387)
Stock-based compensation   2   2
Change in capitalization in connection with the Separation $ (1,778) 2,058   280
Ending balance at Sep. 30, 2025   2,060 (688) 1,372
Beginning balance at Dec. 31, 2025   2,360 (672) 1,688
Increase (Decrease) in Stockholders' Equity        
Net earnings (loss)     61 61
Stock-based compensation   21   21
Other   (2)   (2)
Ending balance at Sep. 30, 2026   2,379 (611) 1,768
Beginning balance at Jun. 30, 2026   2,373 (638) 1,735
Increase (Decrease) in Stockholders' Equity        
Net earnings (loss)     27 27
Stock-based compensation   6   6
Ending balance at Sep. 30, 2026   $ 2,379 $ (611) $ 1,768