Nine months ended
September 30,

2025

2024

Income (loss) before income taxes

$

996

$

(49

)

Estimated annualized effective tax rate

8.0

%

133.4

%

Income tax expense (benefit)

$

80

$

(65

)

(Favorable) unfavorable tax impact related to losses in jurisdictions with no tax benefit

(1

)

197

Discrete tax benefit

—

(3

)

Provision for income taxes

$

79

$

129