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Equity-based Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Restricted Stock Units Activity
The table below summarizes our RSU activity:
Outstanding RSUs
(in millions, except unit price)
Number of RSUsWeighted Average Grant-Date Fair Value
December 31, 202346 $17.25 
Granted44 19.77 
Vested(19)17.53 
Forfeited / cancelled(7)17.92 
December 31, 202464 $18.82 
Schedule of Restricted Stock Unit activity and related information
The following information is provided for our RSUs:
(in millions, except unit price)
202420232022
Weighted average grant-date fair value of RSUs granted$19.77 $16.31 $17.24 
Fair value of RSUs at vesting$402 $223 $181 
Schedule of Stock Options Activity
The table below summarizes our stock option activity:
Outstanding Options
(in millions, except unit price)
Number
of
Options
Weighted
Average Exercise
Price
Weighted-Average
Remaining Contractual
Term (in years)
Aggregate Intrinsic Value
December 31, 202317 $7.60 4.90$152 
Forfeited / cancelled— $2.02 
Exercised(2)$2.34 
Exercised Withheld— $2.15 
December 31, 202415 $8.26 3.83$213 
Exercisable as of December 31, 202415 $8.39 3.82$206 
Expected to vest as of December 31, 2024— $1.99 4.38$
Schedule of Valuation Assumptions for Stock Options
The following information is provided for our stock options:
(in millions, except unit price)
202420232022
Intrinsic fair value of stock options exercised$35 $57 $131 
Schedule of Equity-Based Compensation
The following table presents the effects of equity-based compensation on the consolidated statements of operations:
(in millions)
202420232022
Cost of sales$17 $14 $16 
Operating, general and administrative416 312 246 
Total$433 $326 $262