LEASES (Tables)

3 Months Ended

Mar. 31, 2026

Lease costs related to the Company's operating and finance leases included in the condensed consolidated statements of operations were as follows (in millions):


	Three Months Ended March 31,
Operating lease costs:	2026		2025

Cost of revenue	$	2	$	3
Selling and marketing (excluding customer base amortization)	5		4
Software development	2		2
General and administrative	2		1
Total operating lease costs	11		10
Finance lease costs:
Amortization of ROU assets	1		1
Interest on lease liabilities	—		1
Total finance lease costs	1		2
Total lease costs	$	12	$	12

Schedule of Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to operating leases was as follows (in millions):


Balance	Balance Sheet Location	March 31, 2026			December 31, 2025
Operating lease liabilities		$	158		$	161
Less: imputed interest		20			21
Present value of lease liabilities		138			140
Less: current portion of lease liabilities	Lease liabilities	23			23
Long-term lease liabilities	Lease and other long-term liabilities	$	115		$	117

Weighted-average remaining lease term in years		5			5
Weighted-average discount rate		4.7		%	4.7		%
ROU Assets	Lease right-of-use assets	$	120		$	123

Finance lease liabilities		$	10		$	12
Less: imputed interest		1			1
Present value of lease liabilities		9			11
Less: current portion of lease liabilities	Lease liabilities	5			5
Long-term lease liabilities	Lease and other long-term liabilities	$	4		$	6

Weighted-average remaining lease term in years		2			2
Weighted-average discount rate		6.3		%	6.3		%
ROU Assets	Property and equipment, net	$	12		$	13

Schedule of Supplemental Cash Flow Information for Leases

Supplemental cash flow information related to leases was as follows (in millions):


	Three Months Ended March 31,
	2026		2025
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows used in operating leases	$	8	$	11
Financing cash flows used in finance leases	$	1	$	1

ROU assets obtained in exchange for new lease obligations:
Operating leases	$	5	$	1