Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Equity

v3.22.2
Condensed Consolidated Statements of Equity - USD ($)
$ in Millions
Series A
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Earnings (Loss)
Retained Earnings (Deficit)
Noncontrolling Interest in Equity of Subsidiaries
Total
Balance at beginning of the period at Dec. 31, 2020 $ 1 $ 257 $ (23) $ (278) $ 2,350 $ 2,307
Net earnings (loss)       63 (107) (44)
Other comprehensive earnings (loss)     6   (7) (1)
Stock-based compensation   17     53 70
Withholding taxes on net share settlements of stock-based compensation   (29)       (29)
Shares issued by subsidiary   (7)     15 8
Preferred stock adjustment (note 8)       (370)   (370)
Subsidiary purchase of capped calls, net of tax (note 7)   (6)     (20) (26)
Preferred stock repurchased with subsidiary shares (note 8)   58     34 92
Balance at end of the period at Jun. 30, 2021 1 290 (17) (585) 2,318 2,007
Balance at beginning of the period at Mar. 31, 2021 1 289 (21) (738) 2,324 1,855
Net earnings (loss)       153 (39) 114
Other comprehensive earnings (loss)     4   3 7
Stock-based compensation   8     28 36
Withholding taxes on net share settlements of stock-based compensation   (6)       (6)
Shares issued by subsidiary   (1)     2 1
Balance at end of the period at Jun. 30, 2021 1 290 (17) (585) 2,318 2,007
Balance at beginning of the period at Dec. 31, 2021 1 288 (21) (469) 2,328 2,127
Net earnings (loss)       40 (2) 38
Other comprehensive earnings (loss)     34   (26) 8
Stock-based compensation   12     38 50
Withholding taxes on net share settlements of stock-based compensation   (9)       (9)
Shares issued by subsidiary   (3)     3  
Balance at end of the period at Jun. 30, 2022 1 288 13 (429) 2,341 2,214
Balance at beginning of the period at Mar. 31, 2022 1 284 (18) (496) 2,319 2,090
Net earnings (loss)       67 24 91
Other comprehensive earnings (loss)     31   (22) 9
Stock-based compensation   6     19 25
Withholding taxes on net share settlements of stock-based compensation   (1)       (1)
Shares issued by subsidiary   (1)     1  
Balance at end of the period at Jun. 30, 2022 $ 1 $ 288 $ 13 $ (429) $ 2,341 $ 2,214