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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2025
Income Tax Disclosure [Abstract] |
Schedule of Components of Income Tax Expense | The components of income tax expense are as follows (in millions):
| Year Ended December 31,
| 2025 |  | 2024 |  | 2023
Current: |  |  |  |  |
Federal | $ | — |  |  | $ | — |  |  | $ | (1) |
State and local | — |  |  | — |  |  | 1 |
Foreign | — |  |  | 1 |  |  | — |
Current income tax expense (benefit) | — |  |  | 1 |  |  | — |
Deferred: |  |  |  |  |
Federal | 2 |  |  | (4) |  |  | 41 |
State and local | 1 |  |  | 4 |  |  | 2 |
Deferred income tax expense (benefit) | 3 |  |  | — |  |  | 43 |
Total income tax expense (benefit) | $ | 3 |  |  | $ | 1 |  |  | $ | 43 |
Schedule of Effective Income Tax Rate Reconciliation | The income tax provision differs from that computed at the federal and state statutory corporate tax rate as follows (in millions):
| Year Ended December 31,
| 2025 |  | 2024 |  | 2023
U.S. Federal Statutory Income Tax Rate | $ | (28) |  |  | 21.0 | % |  | $ | 18 |  |  | 21.0 | % |  | $ | 7 |  |  | 21.0 | %
State Taxes, Net of Federal Benefit(a) | 1 |  | (0.7) |  |  | 5 |  | 5.8 |  |  | 3 |  | 9.8 |
Foreign Tax Effects: |  |  |  |  |  |  |  |  |  |  |
Other | 1 |  | (0.7) |  |  | 1 |  | 1.2 |  |  | 1 |  | 3.1 |
Tax Credits: |  |  |  |  |  |  |  |  |  |  |
Research and Development and Other Tax Credits | (2) |  | 1.5 |  |  | (1) |  | (1.2) |  |  | (1) |  | (3.1) |
Changes in Valuation allowance | 28 |  | (21.1) |  |  | (23) |  | (26.8) |  |  | 35 |  | 109.4 |
Nontaxable or Nondeductible Items: |  |  |  |  |  |  |  |  |  |  |
Share-Based Compensation | — |  | — |  |  | — |  | — |  |  | (5) |  | (15.1) |
Executive Compensation | 2 |  | (1.5) |  |  | (1) |  | (1.2) |  |  | 1 |  | 3.1 |
Meals and Entertainment | 1 |  | (0.7) |  |  | 1 |  | 1.2 |  |  | 1 |  | 3.1 |
Other | — |  | — |  |  | 1 |  | 1.2 |  |  | 1 |  | 3.1 |
Effective income tax rate and impact | $ | 3 |  |  | (2.2) | % |  | $ | 1 |  |  | 1.2 | % |  | $ | 43 |  |  | 134.4 | %
__________________ (a)During the year ended December 31, 2025, state taxes in California, Florida, Colorado and Oregon comprised greater than 50% of the tax effect in this category. During the year ended December 31, 2024, state taxes in Colorado comprised greater than 50% of the tax effect in this category. During the year ended December 31, 2023, state taxes in California, Florida, Georgia, Iowa and Maryland comprised greater than 50% of the tax effect in this category.
Schedule of Deferred Tax Assets and Liabilities | The following table shows the components of the Company’s deferred tax assets and liabilities (in millions):
| December 31,
| 2025 |  | 2024
Deferred tax assets: |  |  |
Operating lease liability | $ | 1,106 |  |  | $ | 895 |
Leasehold interest | 13 |  |  | — |
Net operating losses | 124 |  |  | 67 |
Nondeductible accruals | 31 |  |  | 33 |
Deferred revenue | — |  |  | 9 |
Income tax credits | 3 |  |  | 1 |
Valuation allowance | (65) |  |  | (30) |
Other | 13 |  |  | 13 |
Deferred tax assets | $ | 1,225 |  |  | $ | 988 |
Deferred tax liabilities: |  |  |
Right-of-use asset | $ | (1,096) |  |  | $ | (887) |
Property and equipment | (38) |  |  | (42) |
Intangibles | (6) |  |  | (6) |
Prepaid maintenance expense | (93) |  |  | (59) |
Other | (4) |  |  | (2) |
Deferred tax liabilities | (1,237) |  |  | (996) |
Net deferred tax assets (liabilities) | $ | (12) |  |  | $ | (8) |
Schedule of Unrecognized Tax Benefits Roll Forward | The following table shows the components of the Company’s unrecognized tax benefits related to uncertain tax positions (in millions):
| 2025 |  | 2024 |  | 2023
Unrecognized tax benefits at January 1 | $ | — |  |  | $ | — |  |  | $ | 1 |
Decrease for tax positions taken during prior period | — |  |  | — |  |  | (1) |
Increase for tax positions taken during current period | 1 |  |  | — |  |  | — |
Unrecognized tax benefits at December 31 | $ | 1 |  |  | $ | — |  |  | $ | — |

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