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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, 2023   226.9          
Beginning balance at Dec. 31, 2023 $ 10,524 $ 2 $ 7,977 $ (2,171) $ 5,269 $ (590) $ 37
Beginning balance (in shares) at Dec. 31, 2023       (49.1)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Cash dividends (36)       (36)    
Proceeds from treasury stock issued from the exercise of stock options and other benefit plans, net of tax (20)   (22) $ 2      
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 12   12        
Net income 277       272   5
Other comprehensive income (loss), net of tax (77)         (77)  
Distribution to noncontrolling interest (1)           (1)
Stock repurchase (in shares)       (1.3)      
Stock repurchase (176)     $ (176)      
Ending balance (in shares) at Mar. 31, 2024   226.9          
Ending balance at Mar. 31, 2024 $ 10,504 $ 2 7,967 $ (2,345) 5,505 (667) 42
Ending balance (in shares) at Mar. 31, 2024       (50.1)      
Beginning balance (in shares) at Dec. 31, 2024 226.9 226.9          
Beginning balance at Dec. 31, 2024 $ 10,133 $ 2 8,023 $ (3,273) 6,185 (846) 42
Beginning balance (in shares) at Dec. 31, 2024 (55.6)     (55.6)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Cash dividends $ (43)       (43)    
Proceeds from treasury stock issued from the exercise of stock options and other benefit plans, net of tax (34)   (31) $ (3)      
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 17   17        
Net income 327       322   5
Other comprehensive income (loss), net of tax 113         113  
Stock repurchase (in shares)       (0.5)      
Stock repurchase $ (98)     $ (98)      
Treasury stock, retired (in shares) 55.0 55.0   55.0      
Treasury stock retirement $ 0 $ (1)   $ 3,305 (3,304)    
Ending balance (in shares) at Mar. 31, 2025 171.9 171.9          
Ending balance at Mar. 31, 2025 $ 10,414 $ 1 $ 8,009 $ (69) $ 3,160 $ (733) $ 46
Ending balance (in shares) at Mar. 31, 2025 (0.8)     (0.8)