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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Operating activities    
Net loss $ (54) $ (265)
Adjustments to reconcile net loss to net cash from operating activities    
Depreciation and amortization expense 88 54
Stock compensation expense 22 17
Deferred tax benefit (15) (12)
Deemed non-pro rata distribution 0 216
Impairment of operating lease assets 3 0
Other 7 3
Changes in assets and liabilities    
Accounts receivable 120 (8)
Other current assets and other long-term assets 20 22
Accounts payable (74) (47)
Accrued expenses, other current liabilities and other long-term liabilities (73) 15
Net cash provided by (used in) operating activities 44 (5)
Investing activities    
Payment for purchases of property and equipment (43) (33)
Proceeds from sale of property and equipment 1 0
Business acquisition, net of cash acquired (10) (1,019)
Other 4 0
Net cash used in investing activities (56) (1,052)
Financing activities    
Proceeds from borrowings on revolving credit facilities 471 203
Repayment of borrowings on revolving credit facilities (438) (193)
Proceeds from issuance of common stock and pre-funded warrants 0 1,125
Payment for equity issuance costs (1) (30)
Payment for tax withholdings related to vesting of stock compensation awards (20) (4)
Repayment of debt and finance leases (1) (3)
Other (10) 9
Net cash provided by financing activities 1 1,107
Effect of exchange rates on cash, cash equivalents and restricted cash 2 0
Net increase (decrease) in cash, cash equivalents and restricted cash (9) 50
Cash, cash equivalents, and restricted cash, beginning of period 35 5
Cash, cash equivalents, and restricted cash, end of period 26 55
Supplemental disclosure of cash flow information:    
Leased assets obtained in exchange for new operating lease liabilities 38 97
Cash paid for income taxes, net 6 3
Cash paid for interest, net 17 13
Purchases of property and equipment in accounts payable, accrued expenses and other liabilities 12 3
Accrued tax withholdings related to vesting of stock compensation awards $ 0 $ 1