Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statement of Equity

v3.25.3
Condensed Consolidated Statement of Equity - USD ($)
$ in Millions
Total
Preferred stock
Common stock
Series A
Common stock
Series B
Additional paid-in capital
Accumulated other comprehensive earnings (loss)
Retained earnings (Accumulated deficit)
Noncontrolling interest in equity of subsidiaries
Beginning balance at Dec. 31, 2023 $ 489 $ 0 $ 4 $ 0 $ 99 $ 86 $ 196 $ 104
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net earnings (loss) 25           (4) 29
Other comprehensive earnings (loss) (8)         (8)    
Stock-based compensation 24       24      
Distribution to noncontrolling interest (51)             (51)
Withholding taxes on net share settlements of stock-based compensation (2)       (2)      
Other 2       2      
Ending balance at Sep. 30, 2024 479 0 4 0 123 78 192 82
Beginning balance at Jun. 30, 2024 421 0 4 0 115 (6) 215 93
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net earnings (loss) (15)           (23) 8
Other comprehensive earnings (loss) 94         84   10
Stock-based compensation 7       7      
Distribution to noncontrolling interest (29)             (29)
Other 1       1      
Ending balance at Sep. 30, 2024 479 0 4 0 123 78 192 82
Beginning balance at Dec. 31, 2024 (885) 0 0 0 138 (15) (1,094) 86
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net earnings (loss) (2,373)           (2,402) 29
Other comprehensive earnings (loss) 302         298   4
Stock-based compensation 4       4      
Distribution to noncontrolling interest (22)             (22)
Withholding taxes on net share settlements of stock-based compensation (1)       (1)      
Ending balance at Sep. 30, 2025 (2,975) 0 0 0 141 283 (3,496) 97
Beginning balance at Jun. 30, 2025 (2,888) 0 0 0 141 295 (3,416) 92
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net earnings (loss) (73)           (80) 7
Other comprehensive earnings (loss) (14)         (12)   (2)
Ending balance at Sep. 30, 2025 $ (2,975) $ 0 $ 0 $ 0 $ 141 $ 283 $ (3,496) $ 97