XML 40 R24.htm IDEA: XBRL DOCUMENT
v3.26.1

Loss per share (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2026
Earnings Per Share [Abstract] |
Schedule of calculation of basic and diluted EPS | The components of the numerator for the calculation of basic and diluted LPS were as follows:
|  | Three months ended March 31, |  |  |
(In $ millions) |  | 2026 |  | 2025 |  |  |  |  |
Net loss available to stockholders |  | (7) |  |  | (14) |  |  |  |  |  |
Effect of dilution (interest on unsecured senior convertible bond) |  | 1 |  |  | 1 |  |  |  |  |  |
Diluted loss available to stockholders |  | (6) |  |  | (13) |  |  |  |  |  |
The components of the denominator for the calculation of basic and diluted LPS were as follows:
|  | Three months ended March 31, |  |  |  |  |
(In millions) |  | 2026 |  | 2025 |  |  |  |  |  |  |  |  |
Basic loss per share: |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted average number of common shares outstanding |  | 62 |  |  | 62 |  |  |  |  |  |  |  |  |  |
Diluted loss per share: |  |  |  |  |  |  |  |  |  |  |  |  |
Effect of dilution |  | 3 |  |  | 3 |  |  |  |  |  |  |  |  |  |
Weighted average number of common shares outstanding adjusted for the effects of dilution |  | 65 |  |  | 65 |  |  |  |  |  |  |  |  |  |
The basic and diluted LPS were as follows:
|  | Three months ended March 31, |  |  |  |  |
(In $) |  | 2026 |  | 2025 |  |  |  |  |  |  |  |  |
Basic loss per share |  | (0.11) |  | (0.23) |  |  |  |  |  |  |  |  |
Diluted loss per share (1) |  | (0.11) |  | (0.23) |  |  |  |  |  |  |  |  |
(1) For the three months ended March 31, 2026 and March 31, 2025, the effect of including all potentially dilutive instruments in the calculation resulted in decreased loss per share, which is anti-dilutive. As a result, the basic and diluted loss per share are equal.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration