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CONSOLIDATED STATEMENTS OF PERPETUAL PREFERRED STOCK AND EQUITY - USD ($)
$ in Millions
Total
Impact of adoption of ASU 2020-06
Common Stock
Convertible Preferred Stock, net
Convertible Preferred Stock, net
Impact of adoption of ASU 2020-06
Treasury Stock
Additional Paid-In Capital
Additional Paid-In Capital
Impact of adoption of ASU 2020-06
Retained Earnings
Accumulated Other Comprehensive Income
Beginning balance (in shares) at Dec. 31, 2022 8,000,000                  
Beginning balance at Dec. 31, 2022 $ 151                  
Increase (Decrease) in Temporary Equity [Roll Forward]                    
Issuance of perpetual preferred stock, net (in shares) 6,000,000                  
Issuance of perpetual preferred stock, net $ 103                  
Accretion of perpetual preferred stock to redemption value $ 30                  
Ending balance (in shares) at Dec. 31, 2023 14,000,000                  
Ending balance at Dec. 31, 2023 $ 284                  
Common stock, beginning balance (in shares) at Dec. 31, 2022     73,000,000              
Preferred stock, beginning balance (in shares) at Dec. 31, 2022       142,000,000            
Beginning balance at Dec. 31, 2022 556   $ 0 $ 426   $ (7) $ 88   $ 43 $ 6
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income 17               17  
Change in fair value of derivative instruments, net of tax (2)                 (2)
Accretion of perpetual preferred stock to redemption value (30)               (30)  
Issuance of convertible preferred stock, net 2     $ 2            
Dividends on perpetual preferred stock (5)               (5)  
Issuance of common stock (in shares)     3,000,000              
Issuance of common stock 44           44      
Exercise of stock options (in shares)     1,000,000              
Exercises of stock options 3           3      
Stock-based compensation expense 3           3      
Common stock, ending balance (in shares) at Dec. 31, 2023     77,000,000              
Preferred stock, ending balance (in shares) at Dec. 31, 2023       142,000,000            
Ending balance at Dec. 31, 2023 588 $ 0 $ 0 $ 428 $ 2 (7) 138 $ (2) 25 4
Increase (Decrease) in Temporary Equity [Roll Forward]                    
Accretion of perpetual preferred stock to redemption value $ 40                  
Ending balance (in shares) at Dec. 31, 2024 14,000,000                  
Ending balance at Dec. 31, 2024 $ 324                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income 3               3  
Change in fair value of derivative instruments, net of tax 0                  
Accretion of perpetual preferred stock to redemption value (40)           (29)   (11)  
Dividends on perpetual preferred stock (9)               (9)  
Exercise of stock options (in shares)     1,000,000              
Exercises of stock options 3           3      
Stock-based compensation expense $ 4           4      
Common stock, ending balance (in shares) at Dec. 31, 2024 78,000,000   78,000,000              
Preferred stock, ending balance (in shares) at Dec. 31, 2024 142,000,000     142,000,000            
Ending balance at Dec. 31, 2024 $ 549   $ 0 $ 430   (7) 114   8 4
Increase (Decrease) in Temporary Equity [Roll Forward]                    
Accretion of perpetual preferred stock to redemption value $ 36                  
Ending balance (in shares) at Dec. 31, 2025 14,000,000                  
Ending balance at Dec. 31, 2025 $ 360                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income 40               40  
Change in fair value of derivative instruments, net of tax (4)                 (4)
Accretion of perpetual preferred stock to redemption value (36)           (25)   (11)  
Dividends on perpetual preferred stock (37)               (37)  
Acquisition of business and other assets (in shares)     1,000,000              
Acquisition of business and other assets 10           10      
Exercise of stock options (in shares)     1,000,000              
Exercises of stock options 2           2      
Stock-based compensation expense $ 4           4      
Common stock, ending balance (in shares) at Dec. 31, 2025 79,000,000   80,000,000              
Preferred stock, ending balance (in shares) at Dec. 31, 2025 141,989,676     142,000,000            
Ending balance at Dec. 31, 2025 $ 528   $ 0 $ 430   $ (7) $ 105   $ 0 $ 0