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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Operating Activities    
Net income $ 568 $ 366
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 241 246
Stock-based compensation expense 26 22
Below market intangible amortization (23) (26)
Net loss on disposal of property, plant and equipment 2 3
Changes in operating assets and liabilities, net of acquisitions and dispositions:    
Accounts receivable and unbilled accounts receivable (146) (150)
Inventories (120) (248)
Accounts payable 93 (5)
Accrued income taxes 14 (30)
Accrued liabilities and customer deposits (189) (73)
Other assets and liabilities 103 (15)
Net cash provided by operating activities 569 90
Investing Activities    
Purchase of property, plant and equipment (77) (70)
Proceeds from disposal of property, plant and equipment 20 0
Acquisitions of businesses, net of cash acquired 0 (223)
Net cash used for investing activities (57) (293)
Financing Activities    
Proceeds from debt, net of issuance costs 1,803 2,964
Payments of debt (1,861) (2,590)
Repurchase of stock (375) (252)
Cash dividends (71) (62)
Payment of income tax withholding on share-based compensation (23) (15)
Distribution to noncontrolling interest (1) (12)
Other financing activities 5 (3)
Net cash (used for) provided by financing activities (523) 30
Effect of changes in currency exchange rates (14) 3
Decrease in cash (25) (170)
Cash, cash equivalents and restricted cash, beginning of period 620 541
Cash, cash equivalents and restricted cash, end of period $ 595 $ 371