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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (UNAUDITED) - USD ($)
shares in Millions
Common Stock
Additional paid-in capital
Parent Net Investment
Accumulated Other Comprehensive Income (Loss)
Retained Earnings (Accumulated deficit)
Total
[1]
Beginning balance at Dec. 25, 2021 $ 0 [1] $ 0 $ 15,884,000,000 $ 5,000,000 $ 0 $ 15,889,000,000
Net income (loss) 0 [1] 0 (112,000,000) 0 0 (112,000,000)
Tax sharing agreement with Parent 0 [1] 0 (16,000,000) 0 0 (16,000,000)
Other comprehensive income (loss), net 0 [1] 0 0 (23,000,000) 0 (23,000,000)
Equity transaction in connection with the legal purchase of Moovit entities 0 [1] 0 (900,000,000) 0 0 (900,000,000)
Dividend Note with related party 0 [1] 0 (3,500,000,000) 0 0 (3,500,000,000)
Dividend distribution 0 [1] 0 (336,000,000) 0 0 (336,000,000)
Net transfer from (to) Parent $ 0 [1] 0 158,000,000 0 0 158,000,000
Ending balance (in shares) at Oct. 01, 2022 0          
Ending balance at Oct. 01, 2022 $ 0 [1] 0 11,178,000,000 (18,000,000) 0 11,160,000,000
Beginning balance at Jul. 02, 2022 0 [1] 0 11,223,000,000 (24,000,000) 0 11,199,000,000
Net income (loss) 0 [1] 0 (45,000,000) 0 0 (45,000,000)
Tax sharing agreement with Parent 0 [1] 0 (9,000,000) 0 0 (9,000,000)
Other comprehensive income (loss), net 0 [1] 0 0 6,000,000 0 6,000,000
Net transfer from (to) Parent $ 0 [1] 0 9,000,000 0 0 9,000,000
Ending balance (in shares) at Oct. 01, 2022 0          
Ending balance at Oct. 01, 2022 $ 0 [1] 0 11,178,000,000 (18,000,000) 0 11,160,000,000
Beginning balance (in shares) at Dec. 31, 2022 802          
Beginning balance at Dec. 31, 2022 $ 9,000,000 [1] 14,737,000,000 0 (9,000,000) 57,000,000 14,794,000,000
Net income (loss) 0 [1] 0 0 0 (90,000,000) (90,000,000)
Share-based compensation expense 0 [1] 190,000,000 0 0 0 190,000,000
Recharge to Parent for Share-based compensation 0 [1] (29,000,000) 0 0 0 (29,000,000)
Issuance of common stock under employee share-based compensation plans $ 0 [1] 0 0 0 0 0
Issuance of common stock under employee share-based compensation plans (Shares) 4          
Secondary offering   0 0 0 0  
Other comprehensive income (loss), net $ 0 [1] 0 0 9,000,000 0 9,000,000
Ending balance (in shares) at Sep. 30, 2023 806          
Ending balance at Sep. 30, 2023 $ 8,000,000 [1] 14,898,000,000 0 0 (33,000,000) 14,873,000,000
Beginning balance (in shares) at Jul. 01, 2023 806          
Beginning balance at Jul. 01, 2023 $ 8,000,000 [1] 14,842,000,000 0 0 (50,000,000) 14,800,000,000
Net income (loss) 0 [1] 0 0 0 17,000,000 17,000,000
Share-based compensation expense 0 [1] 63,000,000 0 0 0 63,000,000
Recharge to Parent for Share-based compensation $ 0 [1] (7,000,000) 0 0 0 (7,000,000)
Ending balance (in shares) at Sep. 30, 2023 806          
Ending balance at Sep. 30, 2023 $ 8,000,000 [1] $ 14,898,000,000 $ 0 $ 0 $ (33,000,000) $ 14,873,000,000
[1] Rounding of Class A and Class B share amounts due to Secondary offering.