Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENT OF STOCKHOLDERS??? EQUITY (DEFICIT) (UNAUDITED)

v3.22.2
CONSOLIDATED STATEMENT OF STOCKHOLDERS’ EQUITY (DEFICIT) (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
Total
Cumulative Effect, Adjustment
Common Stock
Accumulated Other Comprehensive Income
Additional Paid-in Capital
Treasury Stock
Accumulated Deficit
Accumulated Deficit
Cumulative Effect, Adjustment
Beginning balance (in shares) at Dec. 31, 2020     4,176          
Beginning balance at Dec. 31, 2020 $ (2,285)   $ 4 $ 15 $ 0 $ (19) $ (2,285)  
Beginning balance (in shares) at Dec. 31, 2020           3    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Comprehensive (loss) income, net of tax 664     12     652  
Share-based payment expense 104       104      
Exercise of stock options and vesting of restricted stock units (in shares)     23          
Exercise of stock options and vesting of restricted stock units 6       6      
Withholding taxes on net share settlement of stock-based compensation (43)       (43)      
Cash dividends paid on common stock (121)       (71)   (50)  
Issuance of restricted stock in connection with business acquisition 4       4      
Common stock repurchased (in shares)           138    
Common stock repurchased (844)         $ (844)    
Common stock retired (in shares)     (140)     (140)    
Common stock retired 0         $ 856 (856)  
Ending balance (in shares) at Jun. 30, 2021     4,059          
Ending balance at Jun. 30, 2021 (2,515)   $ 4 27 0 $ (7) (2,539)  
Ending balance (in shares) at Jun. 30, 2021           1    
Beginning balance (in shares) at Mar. 31, 2021     4,107          
Beginning balance at Mar. 31, 2021 (2,603)   $ 4 20 0 $ (13) (2,614)  
Beginning balance (in shares) at Mar. 31, 2021           2    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Comprehensive (loss) income, net of tax 440     7     433  
Share-based payment expense 49       49      
Exercise of stock options and vesting of restricted stock units (in shares)     6          
Exercise of stock options and vesting of restricted stock units 6       6      
Withholding taxes on net share settlement of stock-based compensation (23)       (23)      
Cash dividends paid on common stock (60)       (36)   (24)  
Issuance of restricted stock in connection with business acquisition 4       4      
Common stock repurchased (in shares)           53    
Common stock repurchased (328)         $ (328)    
Common stock retired (in shares)     (54)     (54)    
Common stock retired 0         $ 334 (334)  
Ending balance (in shares) at Jun. 30, 2021     4,059          
Ending balance at Jun. 30, 2021 $ (2,515)   $ 4 27 0 $ (7) (2,539)  
Ending balance (in shares) at Jun. 30, 2021           1    
Beginning balance (in shares) at Dec. 31, 2021 3,967   3,968          
Beginning balance at Dec. 31, 2021 $ (2,625)   $ 4 15 0 $ (8) (2,636)  
Beginning balance (in shares) at Dec. 31, 2021           1    
Ending balance at Jan. 01, 2022   $ (14)           $ (14)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Accounting standards update [Extensible Enumeration] Accounting Standards Update 2020-06 [Member]              
Beginning balance (in shares) at Dec. 31, 2021 3,967   3,968          
Beginning balance at Dec. 31, 2021 $ (2,625)   $ 4 15 0 $ (8) (2,636)  
Beginning balance (in shares) at Dec. 31, 2021           1    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Comprehensive (loss) income, net of tax 599     (2)     601  
Share-based payment expense 101       101      
Exercise of stock options and vesting of restricted stock units (in shares)     8          
Exercise of stock options and vesting of restricted stock units 0              
Withholding taxes on net share settlement of stock-based compensation (39)       (39)      
Capital contribution related to Tax Sharing Agreement with Liberty Media (25)           (25)  
Cash dividends paid on common stock (1,159)       (62)   (1,097)  
Common stock repurchased (in shares)           67    
Common stock repurchased (417)         $ (417)    
Common stock retired (in shares)     (67)     (67)    
Common stock retired $ 0         $ 415 (415)  
Ending balance (in shares) at Jun. 30, 2022 3,908   3,909          
Ending balance at Jun. 30, 2022 $ (3,579)   $ 4 13 0 $ (10) (3,586)  
Ending balance (in shares) at Jun. 30, 2022           1    
Beginning balance (in shares) at Mar. 31, 2022     3,940          
Beginning balance at Mar. 31, 2022 (3,587)   $ 4 23 0 $ (2) (3,612)  
Beginning balance (in shares) at Mar. 31, 2022           0    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Comprehensive (loss) income, net of tax 282     (10)     292  
Share-based payment expense 51       51      
Exercise of stock options and vesting of restricted stock units (in shares)     3          
Exercise of stock options and vesting of restricted stock units 0              
Withholding taxes on net share settlement of stock-based compensation (10)       (10)      
Capital contribution related to Tax Sharing Agreement with Liberty Media (12)           (12)  
Cash dividends paid on common stock (86)       (41)   (45)  
Common stock repurchased (in shares)           35    
Common stock repurchased (217)         $ (217)    
Common stock retired (in shares)     (34)     (34)    
Common stock retired $ 0         $ 209 (209)  
Ending balance (in shares) at Jun. 30, 2022 3,908   3,909          
Ending balance at Jun. 30, 2022 $ (3,579)   $ 4 $ 13 $ 0 $ (10) $ (3,586)  
Ending balance (in shares) at Jun. 30, 2022           1