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Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2025
Equity [Abstract]  
Schedule of Changes in Outstanding Stock
The following table reflects the changes in our outstanding stock:
Class AClass B-1Class B-2Class VClass ZTreasury
Balance at March 31, 2025531,870,1544,955,2974,955,297510,11532,001,502
Conversion of noncontrolling interest
Shares granted upon vesting936,113
Issuance for compensation to non-employees (1)
22,634
Share repurchases(4,055,349)4,055,349
Share forfeitures
Balance at June 30, 2025528,773,5524,955,2974,955,297510,11536,056,851
Class A (2)
Class B-1 Class B-2 Class V Class Z Treasury
Balance at March 31, 2024549,249,5044,933,0874,933,0871,189,156578,0996,427,853
Conversion of noncontrolling interest634,588(634,588)
Shares granted upon vesting954,218
Issuance for compensation to non-employees (1)
100,678
Share repurchases(10,134,600)10,134,600
Share forfeitures(18,148)(18,148)
Balance at June 30, 2024540,804,3884,914,9394,914,939554,568578,09916,562,453
Class AClass B-1Class B-2Class VClass ZTreasury
Balance at December 31, 2024531,703,8624,978,8074,978,807510,23728,755,570
Conversion of noncontrolling interest122(122)
Shares granted upon vesting4,284,747
Issuance for compensation to non-employees (1)
86,102
Share repurchases(7,301,281)7,301,281
Share forfeitures(23,510)(23,510)
Balance at June 30, 2025528,773,5524,955,2974,955,297510,11536,056,851
Class A (2)
Class B-1 Class B-2 Class V Class Z Treasury
Balance at December 31, 2023507,567,6784,951,2354,951,23528,962,2183,420,2156,427,853
Conversion of noncontrolling interest28,407,650(28,407,650)
Shares granted upon vesting14,845,180(2,842,116)
Issuance for compensation to non-employees (1)
118,480
Share repurchases(10,134,600)10,134,600
Share forfeitures(36,296)(36,296)
Balance at June 30, 2024540,804,3884,914,9394,914,939554,568578,09916,562,453
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(1)Issued to certain members of the Board of Directors in lieu of cash retainer.
(2)    Does not include 640,960 of unvested Class A common shares as of June 30, 2024.
Schedule of Dividends Payable
The following table provides information with respect to quarterly dividends on common stock during the three and six months ended June 30, 2025.
Declaration DateDividends Per ShareTotal Payment (in millions)Record DatePayable Date
February 13, 2025$0.04$21March 3, 2025March 17, 2025
April 30, 2025$0.04$22June 2, 2025June 16, 2025
Schedule of Changes in Accumulated Other Comprehensive Income, Net by Component
Changes in accumulated other comprehensive income, net of noncontrolling interests, are as follows (in millions):
Foreign
Currency
Translation
Adjustments
Interest
Rate
Swaps (1)
Total
Balance at March 31, 2025$$35 $39 
Other comprehensive income (loss) before reclassifications— 
Tax (expense) benefit— 
Other comprehensive income (loss) before reclassifications, net of tax— 
Amounts reclassified from accumulated other comprehensive income— (8)(8)
Tax expense— — — 
Amounts reclassified from accumulated other comprehensive income, net of tax— (8)(8)
Net current period other comprehensive income (loss), net of tax— (5)(5)
Balance at June 30, 2025$$30 $34 
_______________________________________________________
(1) Reclassifications from this category are recorded in Interest expense. See Note 13 “Derivative Financial Instruments” for additional information
Foreign
Currency
Translation
Adjustments (1)
Interest
Rate
Swaps (2)
Total
Balance at March 31, 2024$(6)$81 $75 
Other comprehensive income (loss) before reclassifications(3)
Tax (expense) benefit
Other comprehensive income (loss) before reclassifications, net of tax(2)11 
Amounts reclassified from accumulated other comprehensive income— (19)(19)
Tax expense— — — 
Amounts reclassified from accumulated other comprehensive income, net of tax— (19)(19)
Net current period other comprehensive income (loss), net of tax$(2)$(8)$(10)
Balance at June 30, 2024$(8)$73 $65 
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(1) Foreign currency translation adjustments include $1 million loss related to intercompany loans that have been designated long-term investment nature.
(2) Reclassifications from this category are recorded in Interest expense. See Note 13 “Derivative Financial Instruments” for additional information
Foreign
Currency
Translation
Adjustments
Interest
Rate
Swaps (1)
Total
Balance at December 31, 2024$$43 $47 
Other comprehensive income (loss) before reclassifications— (2)(2)
Tax (expense) benefit— 
Other comprehensive income (loss) before reclassifications, net of tax— 
Amounts reclassified from accumulated other comprehensive income— (15)(15)
Tax expense— — — 
Amounts reclassified from accumulated other comprehensive income, net of tax— (15)(15)
Net current period other comprehensive income (loss), net of tax— (13)(13)
Balance at June 30, 2025$$30 $34 
_______________________________________________________
(1) Reclassifications from this category are recorded in Interest expense. See Note 13 “Derivative Financial Instruments” for additional
    information
Foreign
Currency
Translation
Adjustments (1)
Interest
Rate
Swaps (2)
Total
Balance at December 31, 2023$(3)$74 $71 
Other comprehensive income (loss) before reclassifications(7)38 31 
Tax (expense) benefit
Other comprehensive income (loss) before reclassifications, net of tax(5)40 35 
Amounts reclassified from accumulated other comprehensive income— (41)(41)
Tax expense— — — 
Amounts reclassified from accumulated other comprehensive income, net of tax— (41)(41)
Net current period other comprehensive income (loss), net of tax(5)(1)(6)
Balance at June 30, 2024$(8)$73 $65 
_______________________________________________________
(1) Foreign currency translation adjustments include $1 million loss related to intercompany loans that have been designated long-term investment nature.
(2) Reclassifications from this category are recorded in Interest expense. See Note 13 “Derivative Financial Instruments” for additional information