Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENT OF STOCKHOLDERS??? EQUITY (DEFICIT)

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CONSOLIDATED STATEMENT OF STOCKHOLDERS’ EQUITY (DEFICIT) - USD ($)
shares in Millions, $ in Millions
Total
Cumulative Effect, Adjustment
Common Stock
Accumulated Other Comprehensive (Loss) 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 income, net of tax 1,314           1,314  
Share-based payment expense 215       215      
Exercise of stock options and vesting of restricted stock units (in shares)     38          
Exercise of stock options and vesting of restricted stock units 10       10      
Withholding taxes on net share settlement of stock-based compensation (103)       (103)      
Cash dividends paid on common stock (268)       (126)   (142)  
Issuance of restricted stock units in connection with business acquisition 4       4      
Common stock repurchased (in shares)           245    
Common stock repurchased (1,512)         $ (1,512)    
Common stock retired (in shares)     (246)     (247)    
Common stock retired 0       0 $ 1,523 (1,523)  
Ending balance (in shares) at Dec. 31, 2021     3,968          
Ending balance at Dec. 31, 2021 $ (2,625) $ (10) $ 4 15 0 $ (8) (2,636) $ (10)
Ending balance (in shares) at Dec. 31, 2021           1    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Accounting Standards Update [Extensible Enumeration] Accounting Standards Update 2020-06 [Member]              
Comprehensive income, net of tax $ 1,194     (19)     1,213  
Share-based payment expense 213       213      
Exercise of stock options and vesting of restricted stock units (in shares)     27          
Exercise of stock options and vesting of restricted stock units 4       4      
Withholding taxes on net share settlement of stock-based compensation (114)       (114)      
Capital contribution from Liberty Media related to Tax Sharing Agreement (35)           (35)  
Cash dividends paid on common stock (1,339)       (103)   (1,236)  
Common stock repurchased (in shares)           103    
Common stock repurchased (639)         $ (639)    
Common stock retired (in shares)     (104)     (104)    
Common stock retired $ 0         $ 647 (647)  
Ending balance (in shares) at Dec. 31, 2022 3,891   3,891          
Ending balance at Dec. 31, 2022 $ (3,351)   $ 4 (4) 0 $ 0 (3,351)  
Ending balance (in shares) at Dec. 31, 2022           0    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Comprehensive income, net of tax 1,265     7     1,258  
Share-based payment expense 202       202      
Exercise of stock options and vesting of restricted stock units (in shares)     21          
Exercise of stock options and vesting of restricted stock units 4       4      
Withholding taxes on net share settlement of stock-based compensation (63)       (63)      
Capital contribution from Liberty Media related to Tax Sharing Agreement 35           35  
Cash dividends paid on common stock (383)       (143)   (240)  
Common stock repurchased (in shares)           69    
Common stock repurchased (274)         $ (274)    
Common stock retired (in shares)     (69)     (69)    
Common stock retired $ 0         $ 274 (274)  
Ending balance (in shares) at Dec. 31, 2023 3,843   3,843          
Ending balance at Dec. 31, 2023 $ (2,565)   $ 4 $ 3 $ 0 $ 0 $ (2,572)  
Ending balance (in shares) at Dec. 31, 2023           0