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Stock-Based Compensation (Tables)
 12 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Based Compensation Expense and Related Tax Benefit
The following table presents total stock-based compensation expense and related tax benefit:

Year Ended December 31,
(in millions)
202420232022
Stock-based compensation expense
$54 $48 $28 
Tax benefit
9127
Schedule of Nonvested Restricted Stock Shares Activity
The following table provides a summary of activity with regard to restricted stock units (RSUs):

Year Ended December 31, 2024
Number of SharesWeighted Average Grant Date Fair Value
Unvested at beginning of year5,057,980$31.46 
Granted5,280,11410.23 
Vested(1,303,365)32.28 
Forfeited(1,413,398)28.28 
Unvested at end of period7,621,33117.20 
Schedule of Share-Based Payment Arrangement, Performance Shares, Activity
The following table provides a summary of activity with regard to Performance-Based Restricted Stock Units (PSUs):

Number of
Shares		Weighted
Average
Grant Date
Fair Value		Performance
Period		Expected
Vesting
Date
Outstanding at beginning of year406,096$29.85 January 1, 2022 - December 31, 2025March 31, 2025 - 2026
Granted—— 
Released—— 
Forfeited(361,428)30.21 
Outstanding at end of period44,66826.85 January 1, 2022 - December 31, 2025March 31, 2025 - 2026
Schedule of Stock Options Granted
The following table summarizes the stock options granted and their respective vesting schedules:
(in thousands)
Year Ended December 31, 2024
Grant Date
Options Granted
Vest Date
March 6, 20245,000Quarterly through March 2027
March 6, 20241,333Fully vest on March 6, 2025
April 25, 2024 (1)
3,000Annually through April 2027
June 21, 20241,000Annually through June 2027
July 24, 20241,000Annually through July 2027
July 29, 20241,000Annually through July 2027
July 29, 20241,000Annually through July 2027
Total
13,333
(1) 1,000 of the options granted on April 25, 2024 are expected to be forfeit during Q1 2025.
Schedule of Share-Based Payment Arrangement, Option, Activity
The following table summarizes stock options activity for the period indicated:

(in thousands, except per share data)Year Ended December 31, 2024
Stock Options
Number of Options
Weighted-
Average
Exercise Price per Share
Outstanding as of January 1, 2024
—$— 
Granted13,333,0008.44 
Vested
(1,250,000)6.00 
Unvested at December 31, 2024
12,083,0008.69 
Exercisable at December 31, 2024
1,250,000