Stockholders' Equity (Tables)

3 Months Ended

Mar. 31, 2025

Equity [Abstract]

Schedule of Changes in Outstanding Stock

The following table reflects the changes in our outstanding stock:

	Class A	Class B-1	Class B-2	Class V	Class Z	Treasury
Balance at December 31, 2024	531,703,862	4,978,807	4,978,807	510,237	—	28,755,570
Conversion of noncontrolling interest	122	—	—	(122)	—	—
Shares granted upon vesting	3,348,634	—	—	—	—	—
Issuance for compensation to non-employees(1)	63,468	—	—	—	—	—
Share repurchases	(3,245,932)	—	—	—	—	3,245,932
Share forfeitures	—	(23,510)	(23,510)	—	—	—
Balance at March 31, 2025	531,870,154	4,955,297	4,955,297	510,115	—	32,001,502
	Class A (2)	Class B-1	Class B-2	Class V	Class Z	Treasury
Balance at December 31, 2023	507,567,678	4,951,235	4,951,235	28,962,218	3,420,215	6,427,853
Conversion of noncontrolling interest	27,773,062	—	—	(27,773,062)	—	—
Shares granted upon vesting	13,890,962	—	—	—	(2,842,116)	—
Issuance for compensation to non-employees(1)	17,802	—	—	—	—	—
Share forfeitures	—	(18,148)	(18,148)	—	—	—
Balance at March 31, 2024	549,249,504	4,933,087	4,933,087	1,189,156	578,099	6,427,853

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(1)Issued to certain members of the Board of Directors in lieu of cash retainer.

(2)    Does not include 712,237 of unvested Class A common shares as of March 31, 2024.

Schedule of Dividends Payable

The following table provides information with respect to quarterly dividends on common stock during the three months ended March 31, 2025.

Declaration Date	Dividends Per Share	Total Payment (in millions)	Record Date	Payable Date
February 13, 2025	$0.04	$21	March 3, 2025	March 17, 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 December 31, 2024	$	4	$	43	$	47
Other comprehensive income (loss) before reclassifications	—		(3)		(3)
Tax (expense) benefit	—		2		2
Other comprehensive income (loss) before reclassifications, net of tax	—		(1)		(1)
Amounts reclassified from accumulated other comprehensive income	—		(7)		(7)
Tax expense	—		—		—
Amounts reclassified from accumulated other comprehensive income, net of tax	—		(7)		(7)
Net current period other comprehensive income (loss), net of tax	—		(8)		(8)
Balance at March 31, 2025	$	4	$	35	$	39
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(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	(4)		30		26
Tax (expense) benefit	1		(1)		—
Other comprehensive income (loss) before reclassifications, net of tax	(3)		29		26
Amounts reclassified from accumulated other comprehensive income	—		(22)		(22)
Tax expense	—		—		—
Amounts reclassified from accumulated other comprehensive income, net of tax	—		(22)		(22)
Net current period other comprehensive income (loss), net of tax	(3)		7		4
Balance at March 31, 2024	$	(6)	$	81	$	75

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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.