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Stockholders' Equity (Tables)
9 Months Ended
Sep. 30, 2024
Stockholders' Equity Note [Abstract]  
Statements of Changes in Stockholders' Equity
The following tables present certain information regarding our stockholders’ equity as of September 30, 2024 and 2023:
Nine Months Ended September 30, 2024
Common StockAdditional Paid in CapitalRetained EarningsTreasury StockAccumulated Other Comprehensive LossTotal
January 1, 2024$$1,118 $680 $(751)$(283)$765 
Settlement of liability awards— 65 — — — 65 
Vesting of RSUs, net of tax withholdings and other— (43)— — — (43)
Purchase of treasury stock(1)
— — — (25)— (25)
Stock-based compensation— 14 — — — 14 
Net income— — 82 — — 82 
Other comprehensive loss— — — — (23)(23)
March 31, 2024$$1,154 $762 $(776)$(306)$835 
Vesting of RSUs, net of tax withholdings and other— — — — 
Purchase of treasury stock(1)
— — — (151)— (151)
Stock-based compensation— 20 — — — 20 
Net income— — 82 — — 82 
Other comprehensive loss— — — — (1)(1)
June 30, 2024$$1,175 $844 $(927)$(307)$786 
Vesting of RSUs, net of tax withholdings and other— (10)— — — (10)
Purchase of treasury stock(1)
— — — (45)— (45)
Stock-based compensation— 17 — — — 17 
Net income— — 64 — — 64 
Other comprehensive income— — — — 46 46 
September 30, 2024$$1,182 $908 $(972)$(261)$858 
(1) Includes excise taxes of $1 million for the nine months ended September 30, 2024.
Nine Months Ended September 30, 2023
 Common StockAdditional Paid in CapitalRetained EarningsTreasury StockAccumulated Other Comprehensive LossNoncontrolling InterestTotal
January 1, 2023$$1,370 $517 $(580)$(318)$171 $1,161 
Settlement of liability awards— 25 — — — — 25 
Vesting of RSUs, net of tax withholdings and other— (14)— — — — (14)
Purchase of treasury stock— — — (28)— — (28)
Purchase of SciPlay’s Class A common stock— (8)— — — — (8)
Stock-based compensation— 15 — — — — 15 
Net income— — 22 — — 27 
Other comprehensive income— — — — — 
March 31, 2023$$1,388 $539 $(608)$(312)$176 $1,184 
Vesting of RSUs, net of tax withholdings and other— — — — — 
Purchase of treasury stock— — — (5)— — (5)
Purchase of SciPlay’s Class A common stock— (15)— — — — (15)
Stock-based compensation— 13 — — — — 13 
Net (loss) income— — (1)— — 
Other comprehensive income— — — — 47 — 47 
June 30, 2023$$1,387 $538 $(613)$(265)$182 $1,230 
Vesting of RSUs, net of tax withholdings and other— — — — — 
Purchase of treasury stock(1)
— — — (113)— — (113)
Stock-based compensation— 12 — — — — 12 
Net income— — 75 — — 80 
Other comprehensive loss— — — — (66)— (66)
September 30, 2023$$1,402 $613 $(726)$(331)$187 $1,146 
(1) Includes excise taxes of $1 million for the three and nine months ended September 30, 2023.
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award
The following reflects total stock-based compensation expense recognized under all programs:
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Related to L&W RSUs$29 $19 $82 $59 
Related to SciPlay RSUs— 12 — 26 
   Total(1)
$29 $31 $82 $85 
(1) Includes $12 million and $31 million of stock-based compensation classified as liability awards for the three and nine months ended September 30, 2024, respectively, and $19 million and $45 million for the three and nine months ended September 30, 2023, respectively.
RSUs Outstanding Under Equity-based Compensation Plans
A summary of the changes in RSUs outstanding under our equity-based compensation plans during the nine months ended September 30, 2024 is presented below:
Number of Restricted Stock UnitsWeighted Average Grant Date Fair Value
Unvested RSUs as of December 31, 2023
2.3 $55.53 
Granted1.4 $99.59 
Vested(1.6)$69.47 
Cancelled(0.1)$59.55 
Unvested RSUs as of September 30, 2024
2.0 $74.58