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Consolidated Statements of Changes in Owners' Equity - USD ($)
shares in Thousands, $ in Millions
Total
Multiple voting shares to subordinate voting shares
Subordinate voting shares converted from multiple voting shares
Common Share
Common Share
Multiple voting shares to subordinate voting shares
Common Share
Subordinate voting shares converted from multiple voting shares
Contributed surplus
Retained earnings
Accumulated other comprehensive income (loss)
Beginning balance (in shares) at Dec. 31, 2021       266,000          
Beginning balance at Dec. 31, 2021 $ 1,655     $ 1,490     $ 24 $ 107 $ 34
Changes In Owners' Equity [Roll Forward]                  
Net (loss) income 183             183  
Other comprehensive income (loss) (43)             3 (46)
Common shares issued 10           10    
Share-based compensation (in shares)       1,000          
Share-based compensation 33     $ 13     21 (1)  
Ending balance (in shares) at Dec. 31, 2022       267,000          
Ending balance at Dec. 31, 2022 1,838     $ 1,503     55 292 (12)
Changes In Owners' Equity [Roll Forward]                  
Net (loss) income 54             54  
Other comprehensive income (loss) 0             1 (1)
Common shares issued 125     $ 125          
Share-based compensation (in shares)       1,000          
Share-based compensation 20     $ 20          
Carrying value of business acquired less fair value of consideration paid (in shares)       6,000          
Number of shares converted to subordinate voting shares (in shares)         (33,000) (33,000)      
Value of shares converted   $ (122) $ 122   $ (122) $ 122      
Ending balance (in shares) at Dec. 31, 2023       274,000          
Ending balance at Dec. 31, 2023 2,037     $ 1,648     55 347 (13)
Changes In Owners' Equity [Roll Forward]                  
Net (loss) income (61)             (61)  
Other comprehensive income (loss) (53)             0 (53)
Share-based compensation (in shares)       2,000          
Share-based compensation 33     $ 17     16    
Number of shares converted to subordinate voting shares (in shares)         (3,000) (3,000)      
Value of shares converted   $ (11) $ 11   $ (11) $ 11      
Net carrying value of assets acquired from parent (2)           (2)    
Deferred taxes on share issuance costs (9)     $ (9)          
Ending balance (in shares) at Dec. 31, 2024       276,000          
Ending balance at Dec. 31, 2024 $ 1,945     $ 1,656     $ 69 $ 286 $ (66)