Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statement of Equity

v3.26.1
Condensed Consolidated Statement of Equity - USD ($)
$ in Millions
Total
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, 2024 $ (885) $ 0 $ 0 $ 138 $ (15) $ (1,094) $ 86
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net earnings (loss) (91)         (100) 9
Other comprehensive earnings (loss) 92       88   4
Stock-based compensation 3     3      
Distribution to noncontrolling interest (11)           (11)
Withholding taxes on net share settlements of stock-based compensation (1)     (1)      
Ending balance at Mar. 31, 2025 (893) 0 0 140 73 (1,194) 88
Beginning balance at Dec. 31, 2025 (3,017) 0 0 142 291 (3,533) 83
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net earnings (loss) (40)         (47) 7
Other comprehensive earnings (loss) (89)       (88)   (1)
Distribution to noncontrolling interest (8)           (8)
Ending balance at Mar. 31, 2026 $ (3,154) $ 0 $ 0 $ 142 $ 203 $ (3,580) $ 81