Stockholders' Equity (Tables)

6 Months Ended

Jun. 30, 2025

The following tables present certain information regarding our stockholders’ equity as of June 30, 2025 and 2024:


	Six Months Ended June 30, 2025
	Common Stock		Additional Paid in Capital		Retained Earnings		Treasury Stock		Accumulated Other Comprehensive Loss		Total
January 1, 2025	$	1	$	1,200	$	1,016	$	(1,216)	$	(365)	$	636
Settlement of liability awards	—		44		—		—		—		44
Vesting of RSUs, net of tax withholdings and other	—		(36)		—		—		—		(36)
Purchase of treasury stock(1)	—		—		—		(167)		—		(167)

Stock-based compensation	—		18		—		—		—		18
Net income	—		—		82		—		—		82
Other comprehensive income	—		—		—		—		43		43
March 31, 2025	$	1	$	1,226	$	1,098	$	(1,383)	$	(322)	$	620
Vesting of RSUs, net of tax withholdings and other	—		2		—		—		—		2
Purchase of treasury stock(1)	—		—		—		(101)		—		(101)

Stock-based compensation	—		14		—		—		—		14
Net income	—		—		95		—		—		95
Other comprehensive income	—		—		—		—		72		72
June 30, 2025	$	1	$	1,242	$	1,193	$	(1,484)	$	(250)	$	702














(1) Includes excise taxes of $1 million and $2 million for three and six months ended June 30, 2025, respectively.


	Six Months Ended June 30, 2024
	Common Stock		Additional Paid in Capital		Retained Earnings		Treasury Stock		Accumulated Other Comprehensive Loss		Total
January 1, 2024	$	1	$	1,118	$	680	$	(751)	$	(283)	$	765
Settlement of liability awards	—		65		—		—		—		65
Vesting of RSUs, net of tax withholding and other	—		(43)		—		—		—		(43)
Purchase of treasury stock	—		—		—		(25)		—		(25)

Stock-based compensation	—		14		—		—		—		14
Net income	—		—		82		—		—		82
Other comprehensive loss	—		—		—		—		(23)		(23)

March 31, 2024	$	1	$	1,154	$	762	$	(776)	$	(306)	$	835
Vesting of RSUs, net of tax withholdings and other	—		1		—		—		—		1
Purchase of treasury stock	—		—		—		(151)		—		(151)

Stock-based compensation	—		20		—		—		—		20
Net income	—		—		82		—		—		82
Other comprehensive loss	—		—		—		—		(1)		(1)
June 30, 2024	$	1	$	1,175	$	844	$	(927)	$	(307)	$	786

A summary of the changes in RSUs outstanding under our equity-based compensation plans during the six months ended June 30, 2025 is presented below:


	Number of Restricted Stock Units	Weighted Average Grant Date Fair Value
Unvested RSUs as of December 31, 2024	2.0	$	75.49
Granted	1.1	$	105.28
Vested	(1.1)	$	84.91
Cancelled	(0.1)	$	78.32
Unvested RSUs as of June 30, 2025	1.9	$	87.45