Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENT OF STOCKHOLDERS??? EQUITY (DEFICIT)

v3.23.3
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, 2021     3,968          
Beginning balance at Dec. 31, 2021 $ (2,625) $ (14) $ 4 $ 15 $ 0 $ (8) $ (2,636) $ (14)
Beginning balance (in shares) at Dec. 31, 2021           1    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Comprehensive (loss) income, net of tax 825     (23)     848  
Share-based payment expense 157       157      
Exercise of stock options and vesting of restricted stock units (in shares)     23          
Exercise of stock options and vesting of restricted stock units 4       4      
Withholding taxes on net share settlement of stock-based compensation (102)       (102)      
Capital contribution from Liberty Media related to Tax Sharing Agreement (22)           (22)  
Cash dividends paid on common stock (1,245)       (59)   (1,186)  
Common stock repurchased (in shares)           95    
Common stock repurchased (594)         $ (594)    
Common stock retired (in shares)     (95)     (95)    
Common stock retired 0         $ 599 (599)  
Ending balance (in shares) at Sep. 30, 2022     3,896          
Ending balance at Sep. 30, 2022 (3,616)   $ 4 (8) 0 $ (3) (3,609)  
Ending balance (in shares) at Sep. 30, 2022           1    
Beginning balance (in shares) at Jun. 30, 2022     3,909          
Beginning balance at Jun. 30, 2022 (3,579)   $ 4 13 0 $ (10) (3,586)  
Beginning balance (in shares) at Jun. 30, 2022           1    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Comprehensive (loss) income, net of tax 226     (21)     247  
Share-based payment expense 55       55      
Exercise of stock options and vesting of restricted stock units (in shares)     16          
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 3           3  
Cash dividends paid on common stock (86)       4   (90)  
Common stock repurchased (in shares)           29    
Common stock repurchased (176)         $ (176)    
Common stock retired (in shares)     (29)     (29)    
Common stock retired 0         $ 183 (183)  
Ending balance (in shares) at Sep. 30, 2022     3,896          
Ending balance at Sep. 30, 2022 $ (3,616)   $ 4 (8) 0 $ (3) (3,609)  
Ending balance (in shares) at Sep. 30, 2022           1    
Beginning balance (in shares) at Dec. 31, 2022 3,891   3,891          
Beginning balance at Dec. 31, 2022 $ (3,351)   $ 4 (4) 0 $ 0 (3,351)  
Beginning balance (in shares) at Dec. 31, 2022           0    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Comprehensive (loss) income, net of tax 907     1     906  
Share-based payment expense 147       147      
Exercise of stock options and vesting of restricted stock units (in shares)     18          
Exercise of stock options and vesting of restricted stock units 4       4      
Withholding taxes on net share settlement of stock-based compensation (50)       (50)      
Capital contribution from Liberty Media related to Tax Sharing Agreement 5           5  
Cash dividends paid on common stock (281)       (101)   (180)  
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 Sep. 30, 2023 3,840   3,840          
Ending balance at Sep. 30, 2023 $ (2,893)   $ 4 (3) 0 $ 0 (2,894)  
Ending balance (in shares) at Sep. 30, 2023           0    
Beginning balance (in shares) at Jun. 30, 2023     3,845          
Beginning balance at Jun. 30, 2023 (3,111)   $ 4 3 0 $ (3) (3,115)  
Beginning balance (in shares) at Jun. 30, 2023           1    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Comprehensive (loss) income, net of tax 357     (6)     363  
Share-based payment expense 53       53      
Exercise of stock options and vesting of restricted stock units (in shares)     12          
Exercise of stock options and vesting of restricted stock units 4       4      
Withholding taxes on net share settlement of stock-based compensation (32)       (32)      
Capital contribution from Liberty Media related to Tax Sharing Agreement 1           1  
Cash dividends paid on common stock (93)       (25)   (68)  
Common stock repurchased (in shares)           16    
Common stock repurchased (72)         $ (72)    
Common stock retired (in shares)     (17)     (17)    
Common stock retired $ 0         $ 75 (75)  
Ending balance (in shares) at Sep. 30, 2023 3,840   3,840          
Ending balance at Sep. 30, 2023 $ (2,893)   $ 4 $ (3) $ 0 $ 0 $ (2,894)  
Ending balance (in shares) at Sep. 30, 2023           0