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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net income (loss) $ (405) $ 233
Adjustments to reconcile to net cash provided by operating activities    
Depreciation and amortization 478 524
Deferred income taxes (163) (77)
Loss on assets classified as held for sale 0 282
Losses (gains) on sale of assets 1 (10)
Losses (gains) on business disposals 81 (368)
Stock-based compensation 51 43
Pension contributions (9) (11)
Gain on extinguishment of debt (488) 0
Impairment of goodwill 1,153 64
Changes in assets and liabilities, net of acquisitions:    
Trade receivables (106) (293)
Inventories (124) 4
Accounts payable 77 54
Accruals for incentive compensation (204) 18
Other assets/liabilities, net 26 (127)
Net cash provided by operating activities 368 336
Cash flows from investing activities:    
Additions to property, plant and equipment (274) (200)
Proceeds from disposal of assets 0 16
Net proceeds received from business disposals 2,707 848
Cash received on foreign currency forward contracts 112 0
Joint venture capital contributions (4) 0
Net cash provided by investing activities 2,541 664
Cash flows from financing activities:    
Cash dividends paid to shareholders (204) (309)
Net borrowings of commercial paper (maturities less than three months) 0 189
Principal payments of debt (2,413) (849)
Deferred and contingent consideration paid 0 (36)
Withholding tax paid on stock-based compensation (22) (14)
Proceeds from (Payment for) Other Financing Activity (15) (4)
Net cash used in financing activities (2,654) (1,023)
Effect of exchange rate changes on cash and cash equivalents 90 (38)
Net change in cash and cash equivalents 345 (61)
Cash and cash equivalents at beginning of year 471 735
Cash and cash equivalents at end of period 816 674
Supplemental Disclosures:    
Interest paid, net of amounts capitalized 130 158
Income taxes paid, net 139 185
Accrued capital expenditures $ 69 $ 64