Quarterly report [Sections 13 or 15(d)]

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY

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CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY - USD ($)
shares in Thousands, $ in Millions
Total
Cumulative Effect, Adjustment
Common Stock
Former Parent's investment
Retained earnings
Retained earnings
Cumulative Effect, Adjustment
Accumulated other comprehensive loss
Additional Paid-in Capital
Treasury Stock
Noncontrolling interest
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Beginning balance $ 13,102 $ 3   $ (5,284) $ 15,353 $ 3 $ 7     $ 3,026
Net income 241       199         42
Other comprehensive income (loss) (40)           (39)     (1)
Share-based compensation 53     45           8
Exercise of options and RSU vestings in period 0     (13)           13
Withholding taxes on net share settlements of share-based compensation (17)     (17)            
Dividends paid (17)                 (17)
Other, net (1)     (1)            
Ending balance at Mar. 31, 2024 13,324     (5,270) 15,555   (32)     3,071
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Beginning balance 13,324     $ (5,270) 15,555   (32)     $ 3,071
Beginning balance $ 11,074   $ 0   11,121   (46) $ 0 $ (1)  
Beginning balance (in shares) at Dec. 31, 2024     339,000              
Beginning balance, treasury stock (in shares) at Dec. 31, 2024 26               0  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income $ 204       204          
Other comprehensive income (loss) 2           2      
Share-based compensation 58             58    
Exercise of options and RSU vestings in period (in shares)     1,000              
Withholding taxes on net share settlements of share-based compensation (10)             (10)    
Dividends paid (91)       (68)     (23)    
Stock repurchased (in shares)                 1,000  
Shares repurchased (25)               $ (25)  
Shares retired (in shares)     (1,000)           (1,000)  
Shares retired 0             (25) $ 25  
Ending balance (in shares) at Mar. 31, 2025     339,000              
Ending balance at Mar. 31, 2025 $ 11,212   $ 0   11,257   (44) 0 $ (1)  
Ending balance, treasury stock (in shares) at Mar. 31, 2025 27               0  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Beginning balance $ 11,212   $ 0   $ 11,257   $ (44) $ 0 $ (1)