Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Equity

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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, 2022 $ 1 $ 287 $ 9 $ (439) $ 2,404 $ 2,262
Net earnings (loss)       (21) (38) (59)
Other comprehensive earnings (loss)     (6)   4 (2)
Stock-based compensation   12     42 54
Withholding taxes on net share settlements of stock-based compensation   (12)       (12)
Shares issued by subsidiary   (4)     4  
Shares repurchased by subsidiary   24     (99) (75)
Balance at end of the period at Jun. 30, 2023 1 307 3 (460) 2,317 2,168
Balance at beginning of the period at Mar. 31, 2023 1 281   (470) 2,374 2,186
Net earnings (loss)       10 19 29
Other comprehensive earnings (loss)     3   (1) 2
Stock-based compensation   6     23 29
Withholding taxes on net share settlements of stock-based compensation   (3)       (3)
Shares issued by subsidiary   (1)     1  
Shares repurchased by subsidiary   24     (99) (75)
Balance at end of the period at Jun. 30, 2023 1 307 3 (460) 2,317 2,168
Balance at beginning of the period at Dec. 31, 2023 1 307 (2) (724) 1,650 1,232
Net earnings (loss)       (17) (28) (45)
Other comprehensive earnings (loss)     (8)   (6) (14)
Stock-based compensation   15     53 68
Withholding taxes on net share settlements of stock-based compensation   (14)       (14)
Shares issued by subsidiary   (3)     3  
Shares repurchased by subsidiary   (5)     (20) (25)
Balance at end of the period at Jun. 30, 2024 1 300 (10) (741) 1,652 1,202
Balance at beginning of the period at Mar. 31, 2024 1 302 (17) (790) 1,623 1,119
Net earnings (loss)       49 18 67
Other comprehensive earnings (loss)     7   1 8
Stock-based compensation   8     29 37
Withholding taxes on net share settlements of stock-based compensation   (4)       (4)
Shares issued by subsidiary   (1)     1  
Shares repurchased by subsidiary   (5)     (20) (25)
Balance at end of the period at Jun. 30, 2024 $ 1 $ 300 $ (10) $ (741) $ 1,652 $ 1,202