($in millions, except per share amounts) | | Q2-25 | Q2-24 | YTD 25 | YTD 24 | | | --- | --- | --- | --- | --- | --- | | | (Unaudited) | | (Unaudited) | | | | Total revenue, net |$ | 1,360 $| 1,301$ | 2,398 $| 2,684 | | Total expenses |$ | 1,336 $| 1,109$ | 2,596 $| 2,194 | | GAAP net income (loss) |$ | 34 $| 178$ | (178) $| 469 | | Adjusted revenue |$ | 1,340 $| 1,228$ | 2,637 $| 2,391 | | Adjusted net income |$ | 75 $| 121$ | 155 $| 205 | | Adjusted EBITDA |$ | 172 $| 225$ | 341 $ ...