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Equity | 6 Months Ended
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Jun. 30, 2025
Equity [Abstract] |
Equity |
Note 14: | Equity
Share Repurchases In October 2020 our Board of Directors authorized our 2020 Share Repurchase Program, which is a program to repurchase up to $5.0 billion of our common stock. Our 2020 Share Repurchase Program does not have an expiration date. All shares repurchased under our 2020 Share Repurchase Program were retired. There were no share repurchases of our common stock during the three and six months ended June 30, 2025 and 2024. Approximately $2.1 billion remained available under our 2020 Share Repurchase Program as of June 30, 2025. Accumulated Other Comprehensive Income (Loss) The following tables summarize the changes in AOCI, net of tax by component:
|  |  |  | For the Three Months Ended June 30, 2025
(In millions) |  |  |  | Unrealized Gains (Losses) on Cash Flow Hedges, Net of Tax |  |  |  | Unrealized Gains (Losses) on Pension Benefit Obligation, Net of Tax |  | Currency Translation Adjustments, Net of Tax |  | Total
Balance, March 31, 2025 |  |  |  | $ | (6.2) |  |  |  |  | $ | (16.2) |  |  | $ | (152.1) |  |  | $ | (174.5) |
Other comprehensive income (loss) before reclassifications |  |  |  | (120.4) |  |  |  |  | 0.6 |  |  | 41.6 |  |  | (78.2) |
Amounts reclassified from AOCI |  |  |  | 14.6 |  |  |  |  | — |  |  | — |  |  | 14.6 |
Net current period other comprehensive income (loss) |  |  |  | (105.8) |  |  |  |  | 0.6 |  |  | 41.6 |  |  | (63.6) |
Balance, June 30, 2025 |  |  |  | $ | (112.0) |  |  |  |  | $ | (15.6) |  |  | $ | (110.5) |  |  | $ | (238.1) |
|  |  |  | For the Six Months Ended June 30, 2025
(In millions) |  |  |  | Unrealized Gains (Losses) on Cash Flow Hedges, Net of Tax |  |  |  | Unrealized Gains (Losses) on Pension Benefit Obligation, Net of Tax |  | Currency Translation Adjustments |  | Total
Balance, December 31, 2024 |  |  |  | $ | 51.6 |  |  |  |  | $ | (16.6) |  |  | $ | (171.2) |  |  | $ | (136.2) |
Other comprehensive income (loss) before reclassifications |  |  |  | (167.9) |  |  |  |  | 1.0 |  |  | 60.7 |  |  | (106.2) |
Amounts reclassified from AOCI |  |  |  | 4.3 |  |  |  |  | — |  |  | — |  |  | 4.3 |
Net current period other comprehensive income (loss) |  |  |  | (163.6) |  |  |  |  | 1.0 |  |  | 60.7 |  |  | (101.9) |
Balance, June 30, 2025 |  |  |  | $ | (112.0) |  |  |  |  | $ | (15.6) |  |  | $ | (110.5) |  |  | $ | (238.1) |
|  |  |  | For the Three Months Ended June 30, 2024
(In millions) |  |  |  | Unrealized Gains (Losses) on Cash Flow Hedges, Net of Tax |  |  |  | Unrealized Gains (Losses) on Pension Benefit Obligation, Net of Tax |  | Currency Translation Adjustments, Net of Tax |  | Total
Balance, March 31, 2024 |  |  |  | $ | (10.3) |  |  |  |  | $ | (2.7) |  |  | $ | (147.5) |  |  | $ | (160.5) |
Other comprehensive income (loss) before reclassifications |  |  |  | 22.3 |  |  |  |  | — |  |  | (5.6) |  |  | 16.7 |
Amounts reclassified from AOCI |  |  |  | (2.2) |  |  |  |  | — |  |  | — |  |  | (2.2) |
Net current period other comprehensive income (loss) |  |  |  | 20.1 |  |  |  |  | — |  |  | (5.6) |  |  | 14.5 |
Balance, June 30, 2024 |  |  |  | $ | 9.8 |  |  |  |  | $ | (2.7) |  |  | $ | (153.1) |  |  | $ | (146.0) |
|  |  |  | For the Six Months Ended June 30, 2024
(In millions) |  |  |  | Unrealized Gains (Losses) on Cash Flow Hedges, Net of Tax |  |  |  | Unrealized Gains (Losses) on Pension Benefit Obligation, Net of Tax |  | Currency Translation Adjustments |  | Total
Balance, December 31, 2023 |  |  |  | $ | (25.0) |  |  |  |  | $ | (2.6) |  |  | $ | (126.1) |  |  | $ | (153.7) |
Other comprehensive income (loss) before reclassifications |  |  |  | 37.7 |  |  |  |  | (0.1) |  |  | (27.0) |  |  | 10.6 |
Amounts reclassified from AOCI |  |  |  | (2.9) |  |  |  |  | — |  |  | — |  |  | (2.9) |
Net current period other comprehensive income (loss) |  |  |  | 34.8 |  |  |  |  | (0.1) |  |  | (27.0) |  |  | 7.7 |
Balance, June 30, 2024 |  |  |  | $ | 9.8 |  |  |  |  | $ | (2.7) |  |  | $ | (153.1) |  |  | $ | (146.0) |
The following table summarizes the amounts reclassified from AOCI:
(In millions) |  | Amounts Reclassified from AOCI |  | Income Statement Location
| For the Three Months Ended June 30, |  | For the Six Months Ended June 30, |
| 2025 |  | 2024 |  | 2025 |  | 2024 |
Gains (losses) on cash flow hedges |  | $ | (22.9) |  |  | $ | 7.6 |  |  | $ | (12.0) |  |  | $ | 10.5 |  |  | Revenue
|  | 6.6 |  |  | (4.9) |  |  | 7.3 |  |  | (7.0) |  |  | Operating expense
|  | (0.1) |  |  | (0.2) |  |  | (0.2) |  |  | (0.1) |  |  | Other (income) expense, net
|  | 1.8 |  |  | (0.3) |  |  | 0.6 |  |  | (0.5) |  |  | Income tax (benefit) expense
Total reclassifications, net of tax |  | $ | (14.6) |  |  | $ | 2.2 |  |  | $ | (4.3) |  |  | $ | 2.9 |  |  |

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