Loss per Share (Tables)

6 Months Ended

Jun. 30, 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 June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
	(in millions, except per share data)
Numerator:
Numerator for basic and diluted loss per share - net loss	$	(42)	$	(46)	$	(290)	$	(401)
Denominator:
Denominator for basic and diluted loss per share - weighted-average number of shares of common stock outstanding	122		112		121		111
Loss per share
Basic	$	(0.34)	$	(0.41)	$	(2.39)	$	(3.60)
Diluted	$	(0.34)	$	(0.41)	$	(2.39)	$	(3.60)

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 June 30,		Six Months Ended June 30,
		2024	2023	2024	2023
	(in millions)
Unvested restricted stock units		3	8	3	8
Shares related to convertible debt instruments		36	36	36	36
Total		39	44	39	44