Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Equity

v3.24.0.1
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)       179 (141) 38
Other comprehensive earnings (loss)     2   (18) (16)
Stock-based compensation   33     105 138
Withholding taxes on net share settlements of stock-based compensation   (44)       (44)
Shares repurchased by subsidiary   (10)     18 8
Series A Preferred Stock adjustment (note 9)       (370)   (370)
Subsidiary purchase of capped calls, net of tax (note 5)   (6)     (20) (26)
Series A Preferred Stock repurchased with subsidiary shares (note 8)   58     34 92
Balance at end of the period at Dec. 31, 2021 1 288 (21) (469) 2,328 2,127
Net earnings (loss)       30 16 46
Other comprehensive earnings (loss)     30   (23) 7
Stock-based compensation   24     78 102
Withholding taxes on net share settlements of stock-based compensation   (20)       (20)
Shares issued by subsidiary   (5)     5  
Balance at end of the period at Dec. 31, 2022 1 287 9 (439) 2,404 2,262
Net earnings (loss)       (285) (735) (1,020)
Other comprehensive earnings (loss)     (11)   9 (2)
Stock-based compensation   25     84 109
Withholding taxes on net share settlements of stock-based compensation   (17)       (17)
Shares issued by subsidiary   (6)     6  
Shares repurchased by subsidiary   18     (118) (100)
Balance at end of the period at Dec. 31, 2023 $ 1 $ 307 $ (2) $ (724) $ 1,650 $ 1,232