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v3.23.1

Tax Receivable Agreement (Tables) | 3 Months Ended
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Mar. 31, 2023
Receivables [Abstract] |
Summary of Changes of Tax Receivable Liability | The following table summarizes the changes in the TRA liabilities (in millions):
|  | Tax Receivable |
|  | Agreement Liability |
Beginning balance as of December 31, 2022 |  | $ |  | 575 |
Fair value remeasurement |  |  |  | 8 |
Payments |  |  |  | (7 | )
Conversion of noncontrolling interest |  |  |  | 67 |
Ending Balance as of March 31, 2023 |  |  |  | 643 |
Less: current portion included in other current liabilities |  |  |  | (49 | )
Total long-term tax receivable agreement liability |  | $ |  | 594 |

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