v3.25.4
Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income Statement [Abstract]      
Revenues $ 11,815 $ 11,704 $ 11,677
Cost of revenues (8,781) (8,634) (8,908)
Gross profit 3,034 3,070 2,769
Selling, general and administrative expenses (1,128) (944) (898)
Gain on disposal of long-lived assets 15 71 32
Loss on impairments (15) (2) (15)
Operating income 1,906 2,195 1,888
Interest expense, net (413) (512) (549)
Other non-operating income (expense), net 4 (55) (36)
Income before income tax expense and income from equity method investments 1,497 1,628 1,303
Income tax expense (326) (368) (361)
Income from equity method investments 11 13 13
Net income 1,182 1,273 955
Net loss attributable to noncontrolling interest 3 1 1
Net income attributable to the Company $ 1,185 $ 1,274 $ 956
Earnings per share attributable to the Company:      
Basic (in dollars per share) $ 2.14 $ 2.30 $ 1.73
Diluted (in dollars per share) $ 2.14 $ 2.30 $ 1.73
Weighted-average number of shares outstanding:      
Basic (in shares) 553.1 553.1 553.1
Diluted (in shares) 553.6 553.1 553.1