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STOCK BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of RSU Activity under Equity-Based Plans
The following tables summarize RSU activity for the six months ended June 30, 2025:
Time-based RSUs
Total Number
of Shares
Weighted-Average
Grant Date
Fair Value
Nonvested at December 31, 20241,100,001 $97.21 
Granted728,093 76.92 
Vested(303,704)91.46 
Forfeited(133,128)73.03 
Nonvested at June 30, 2025
1,391,262 $88.91 
Performance-based RSUs
Total Number of Shares
Weighted-Average
Grant Date
Fair Value
Nonvested at December 31, 2024179,907 $106.50 
Granted74,840 76.69 
Forfeited(22,728)124.31 
Nonvested at June 30, 2025
232,019 $83.37 
Schedule of Stock Option Activity
The following table summarizes stock option activity for the six months ended June 30, 2025:
Number
of Shares
Weighted
Average
Exercise
Price
Weighted
Average
Remaining
Contractual
Term
(in years)
Aggregate
Intrinsic
Value
(in millions)
Balance at December 31, 2024— $— — $— 
Granted270,144 76.69 9.73— 
Balance at June 30, 2025
270,144 $76.69 9.73$— 
Schedule of Weighted-Average Assumptions Used to Estimate Fair Value of Stock Options
The fair value of stock options is estimated on the date of grant using the Black-Scholes option-pricing model with the following weighted-average assumptions:
Stock Option Assumptions
Expected Term (in Years)Expected VolatilityRisk-Free Interest RateExpected Dividend Yield
June 30, 2025
6.542.3 %4.09 %1.43 %
Schedule of Share-Based Payment Arrangement, Activity
Additional Disclosures for Stock Options (in millions)June 30, 2025
Weighted-average grant date fair value of stock options$31.65 
Total fair value of options granted $
Schedule of Stock-Based Compensation Expense
Stock based compensation expense for stock-based awards made to our employees pursuant to our equity plans were as follows:  
 Three Months Ended June 30,Six Months Ended June 30,
(in millions)2025202420252024
Cost of providing services$4 $$8 $
Sales and marketing3 5 
General and administrative9 15 21 
Systems development and programming costs2 3 
Total stock based compensation expense$18 $18 $31 $38 
Total stock based compensation capitalized$1 $$1 $
The table below summarizes unrecognized compensation expense as of June 30, 2025 associated with the following:
Amount
(in millions)
Weighted-Average Period (in Years)
Nonvested stock options$2.72
Nonvested time based RSUs116 2.74
Nonvested performance based RSUs14 2.05