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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Net revenues $ 1,601 $ 1,614
Cost of revenues 1,109 1,189
Gross profit 492 425
Selling, general, and administrative expenses 392 352
Operating income 100 73
Interest expense, net 34 37
Loss on extinguishment of debt, net 0 3
Investment expense (income) and other, net 3 (5)
Other expense, net 37 35
Income before income taxes 63 38
Income tax provision 18 12
Net income 45 26
Net (loss) income attributable to common shareholders:    
Stock dividend on Series B Preferred Stock (7) (11)
Conversion of Series B Preferred Stock (372) 0
Net (loss) income attributable to common shareholders $ (334) $ 15
Net (loss) income per common share:    
Basic (in dollars per share) $ (1.34) $ 0.05
Diluted (in dollars per share) $ (1.34) $ 0.05
Weighted average shares outstanding:    
Basic (in shares) 249,744,275 234,386,758
Diluted (in shares) 249,744,275 267,172,273