Quarterly report pursuant to Section 13 or 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 Income
Additional Paid-in Capital
Treasury Stock
Accumulated Deficit
Accumulated Deficit
Cumulative Effect, Adjustment
Beginning balance (in shares) at Dec. 31, 2020     4,176     3    
Beginning balance at Dec. 31, 2020 $ (2,285)   $ 4 $ 15 $ 0 $ (19) $ (2,285)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Comprehensive income, net of tax 224     5     219  
Share-based payment expense 55       55      
Exercise of stock options and vesting of restricted stock units (in shares)     17          
Exercise of stock options and vesting of restricted stock units 0              
Withholding taxes on net share settlement of stock-based compensation (20)       (20)      
Cash dividends paid on common stock (61)       (35)   (26)  
Common stock repurchased (in shares)           85    
Common stock repurchased (516)         $ (516)    
Common stock retired (in shares)     (86)     (86)    
Common stock retired 0         $ 522 (522)  
Ending balance (in shares) at Mar. 31, 2021     4,107     2    
Ending balance at Mar. 31, 2021 (2,603)   $ 4 20 0 $ (13) (2,614)  
Beginning balance (in shares) at Dec. 31, 2021     3,968     1    
Beginning balance at Dec. 31, 2021 $ (2,625)   $ 4 15 0 $ (8) (2,636)  
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     3,968     1    
Beginning balance at Dec. 31, 2021 $ (2,625)   $ 4 15 0 $ (8) (2,636)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Comprehensive income, net of tax 317     8     309  
Share-based payment expense 50       50      
Exercise of stock options and vesting of restricted stock units (in shares)     5          
Exercise of stock options and vesting of restricted stock units 0       0      
Withholding taxes on net share settlement of stock-based compensation (29)       (29)      
Tax Sharing Agreement with Liberty Media (13)           (13)  
Cash dividends paid on common stock (1,073)       (21)   (1,052)  
Common stock repurchased (in shares)           32    
Common stock repurchased (200)         $ (200)    
Common stock retired (in shares)     (33)     (33)    
Common stock retired 0         $ 206 (206)  
Ending balance (in shares) at Mar. 31, 2022     3,940     0    
Ending balance at Mar. 31, 2022 $ (3,587)   $ 4 $ 23 $ 0 $ (2) $ (3,612)