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CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Common Stock
Additional Paid-in Capital
Treasury Stock
Retained Earnings
Accumulated Other Comprehensive Loss
Non-controlling Interest
Beginning balance (in shares) at Dec. 31, 2021   226.9          
Beginning balance at Dec. 31, 2021 $ 10,239 $ 2 $ 7,916 $ (1,306) $ 4,055 $ (466) $ 38
Beginning balance (in shares) at Dec. 31, 2021       (41.1)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Cash dividends (28)       (28)    
Proceeds from treasury stock issued from the exercise of stock options and other benefit plans, net of tax (4)   (9) $ 5      
Proceeds from treasury stock issued from the exercise of stock options and other benefit plans, net of tax (in shares)       0.2      
Stock based compensation 10   10        
Net income 150       149   1
Other comprehensive income (loss), net of tax 17         17  
Stock repurchase (in shares)       (3.1)      
Stock repurchase (296)     $ (296)      
Ending balance (in shares) at Mar. 31, 2022   226.9          
Ending balance at Mar. 31, 2022 10,088 $ 2 7,917 $ (1,597) 4,176 (449) 39
Ending balance (in shares) at Mar. 31, 2022       (44.0)      
Beginning balance (in shares) at Dec. 31, 2021   226.9          
Beginning balance at Dec. 31, 2021 10,239 $ 2 7,916 $ (1,306) 4,055 (466) 38
Beginning balance (in shares) at Dec. 31, 2021       (41.1)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 482            
Other comprehensive income (loss), net of tax (342)            
Ending balance (in shares) at Sep. 30, 2022   226.9          
Ending balance at Sep. 30, 2022 9,925 $ 2 7,937 $ (1,697) 4,447 (808) 44
Ending balance (in shares) at Sep. 30, 2022       (45.0)      
Beginning balance (in shares) at Mar. 31, 2022   226.9          
Beginning balance at Mar. 31, 2022 10,088 $ 2 7,917 $ (1,597) 4,176 (449) 39
Beginning balance (in shares) at Mar. 31, 2022       (44.0)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Cash dividends (27)       (27)    
Proceeds from treasury stock issued from the exercise of stock options and other benefit plans, net of tax 3   (1) $ 4      
Proceeds from treasury stock issued from the exercise of stock options and other benefit plans, net of tax (in shares)       0.1      
Stock based compensation 10   10        
Net income 169       166   3
Other comprehensive income (loss), net of tax (192)         (192)  
Stock repurchase (in shares)       (1.1)      
Stock repurchase (103)     $ (103)      
Ending balance (in shares) at Jun. 30, 2022   226.9          
Ending balance at Jun. 30, 2022 9,947 $ 2 7,926 $ (1,696) 4,314 (641) 42
Ending balance (in shares) at Jun. 30, 2022       (45.0)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Cash dividends (28)       (28)    
Proceeds from treasury stock issued from the exercise of stock options and other benefit plans, net of tax 1   1        
Stock based compensation 10   10        
Net income 163       160   3
Other comprehensive income (loss), net of tax (167)         (167)  
Stock repurchase (in shares)       0.0      
Stock repurchase (1)     $ (1)      
Ending balance (in shares) at Sep. 30, 2022   226.9          
Ending balance at Sep. 30, 2022 $ 9,925 $ 2 7,937 $ (1,697) 4,447 (808) 44
Ending balance (in shares) at Sep. 30, 2022       (45.0)      
Beginning balance (in shares) at Dec. 31, 2022 181.2 226.9          
Beginning balance at Dec. 31, 2022 $ 10,147 $ 2 7,953 $ (1,769) 4,577 (661) 45
Beginning balance (in shares) at Dec. 31, 2022 (45.7)     (45.7)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Cash dividends $ (31)       (31)    
Proceeds from treasury stock issued from the exercise of stock options and other benefit plans, net of tax (17)   (23) $ 6      
Proceeds from treasury stock issued from the exercise of stock options and other benefit plans, net of tax (in shares)       0.3      
Stock based compensation 10   10        
Net income 173       169   4
Other comprehensive income (loss), net of tax 30         30  
Stock repurchase (in shares)       (1.7)      
Stock repurchase (178)     $ (178)      
Ending balance (in shares) at Mar. 31, 2023   226.9          
Ending balance at Mar. 31, 2023 $ 10,134 $ 2 7,940 $ (1,941) 4,715 (631) 49
Ending balance (in shares) at Mar. 31, 2023       (47.1)      
Beginning balance (in shares) at Dec. 31, 2022 181.2 226.9          
Beginning balance at Dec. 31, 2022 $ 10,147 $ 2 7,953 $ (1,769) 4,577 (661) 45
Beginning balance (in shares) at Dec. 31, 2022 (45.7)     (45.7)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income $ 608            
Other comprehensive income (loss), net of tax $ (52)            
Ending balance (in shares) at Sep. 30, 2023 179.1 226.9          
Ending balance at Sep. 30, 2023 $ 10,367 $ 2 7,965 $ (2,013) 5,085 (713) 41
Ending balance (in shares) at Sep. 30, 2023 (47.8)     (47.8)      
Beginning balance (in shares) at Mar. 31, 2023   226.9          
Beginning balance at Mar. 31, 2023 $ 10,134 $ 2 7,940 $ (1,941) 4,715 (631) 49
Beginning balance (in shares) at Mar. 31, 2023       (47.1)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Cash dividends (31)       (31)    
Proceeds from treasury stock issued from the exercise of stock options and other benefit plans, net of tax 0   (3) $ 3      
Proceeds from treasury stock issued from the exercise of stock options and other benefit plans, net of tax (in shares)       0.1      
Stock based compensation 12   12        
Net income 193       191   2
Other comprehensive income (loss), net of tax 7         7  
Stock repurchase (in shares)       (0.8)      
Stock repurchase (76)     $ (76)      
Distribution to noncontrolling interest (12)           (12)
Ending balance (in shares) at Jun. 30, 2023   226.9          
Ending balance at Jun. 30, 2023 10,227 $ 2 7,949 $ (2,014) 4,875 (624) 39
Ending balance (in shares) at Jun. 30, 2023       (47.8)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Cash dividends (30)       (30)    
Proceeds from treasury stock issued from the exercise of stock options and other benefit plans, net of tax 3   2 $ 1      
Stock based compensation 14   14        
Net income 242       240   2
Other comprehensive income (loss), net of tax $ (89)         (89)  
Ending balance (in shares) at Sep. 30, 2023 179.1 226.9          
Ending balance at Sep. 30, 2023 $ 10,367 $ 2 $ 7,965 $ (2,013) $ 5,085 $ (713) $ 41
Ending balance (in shares) at Sep. 30, 2023 (47.8)     (47.8)