Loss per Share (Tables)

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Schedule of Calculation of Basic and Diluted Net Loss Per Share

The following table presents the calculation of basic and diluted loss per share:

		Three Months Ended March 31,
		2024		2023
	(in millions, except per share data)
Numerator:
Numerator for basic and diluted loss per share - net loss		$	(248)	$	(355)
Denominator:
Denominator for basic and diluted loss per share - weighted-average number of shares of common stock outstanding		120		110
Loss per share
Basic		$	(2.06)	$	(3.22)
Diluted		$	(2.06)	$	(3.22)

Schedule of Antidilutive Securities Excluded from Computation of Loss Per Share

The potential common shares from anti-dilutive securities excluded from the weighted-average shares of common stock used to calculate diluted loss per share were as follows:

		Three Months Ended March 31,
		2024	2023
	(in millions)
Unvested restricted stock units		4	7
Shares related to convertible debt instruments		36	23
Total		40	30