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Stockholders' Equity Stockholders' Equity (Tables) | 12 Months Ended
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Dec. 31, 2024
Equity, Attributable to Parent [Abstract] |
Share Repurchase Programs | The following table summarizes the share repurchases under the 2022 Share Repurchase Program.
| Shares |  | Amounts(1) |  |  |  |
| (in millions)
Shares repurchased in 2023: |  |  |  |  |  |  |
Second quarter | 0.8 |  |  | $ | 50 |  |  |  |  |
Third quarter | 1.9 |  |  | 150 |  |  |  |  |
Fourth quarter | 2.9 |  |  | 225 |  |  |  |  |
Total shares repurchased in 2023 | 5.6 |  |  | $ | 425 |  |  |  |  |
Shares repurchased in 2024: |  |  |  |  |  |  |
First quarter | 4.3 |  |  | $ | 347 |  |  |  |  |
Second quarter | 4.0 |  |  | 305 |  |  |  |  |
Third quarter | 6.1 |  |  | 476 |  |  |  |  |
Fourth quarter | 4.4 |  |  | 385 |  |  |  |  |
Total shares repurchased in 2024 | 18.8 |  |  | $ | 1,513 |  |  |  |  |
Shares repurchased as of December 31, 2024 | 24.4 |  |  | $ | 1,938 |  |  |  |  |
______________________________________________________________________________ (1)As defined in the 2022 Share Repurchase Program, amounts reflect the price paid for the shares of common stock repurchased, excluding commissions paid to brokers and excise taxes.
Schedule of Stockholders Equity | Changes in common shares outstanding are as follows:
| Year ended December 31,
| 2024 |  | 2023 |  | 2022
Beginning balance | 188,188,401 |  |  | 195,604,404 |  |  | 207,575,978 |
Exercise of stock options | 46,285 |  |  | 39,106 |  |  | 2,475,550 |
Issuance of restricted stock(1) | 769,607 |  |  | 664,200 |  |  | 740,025 |
Purchase of treasury shares(2) | (19,121,303) |  |  | (8,119,309) |  |  | (15,187,149) |
Ending balance | 169,882,990 |  |  | 188,188,401 |  |  | 195,604,404 |
_______________________________________________________________________________ (1)Includes shares issued from treasury. (2)Consists of shares repurchased under share repurchase programs and shares withheld to pay employee tax obligations upon the vesting of restricted stock or the exercise of stock options.
Schedule of Accumulated Other Comprehensive Income (Loss) | Changes to accumulated other comprehensive loss and the impact on other comprehensive income (loss) are as follows:
| Foreign Currency Translation Adjustment |  |  |  | Unrealized Gain (Loss) on Derivatives |  | Defined Benefit Plans |  | Accumulated Other Comprehensive Loss
| (in millions)
Balance as of December 31, 2021 | $ | (141) |  |  |  |  | $ | 4 |  |  | $ | (120) |  |  | $ | (257) |
Gain arising during the period | — |  |  |  |  | — |  |  | 55 |  |  | 55 |
Reclassification to earnings(1): |  |  |  |  |  |  |  |  |
Settlement loss | — |  |  |  |  | — |  |  | 21 |  |  | 21 |
Curtailment gains | — |  |  |  |  | — |  |  | (4) |  |  | (4) |
Other | — |  |  |  |  | (1) |  |  | 4 |  |  | 3 |
Effect of exchange rate changes and deferred taxes | (38) |  |  |  |  | — |  |  | (10) |  |  | (48) |
Balance as of December 31, 2022 | $ | (179) |  |  |  |  | $ | 3 |  |  | $ | (54) |  |  | $ | (230) |
Loss arising during the period | — |  |  |  |  | — |  |  | (6) |  |  | (6) |
Reclassification to earnings(1) | — |  |  |  |  | — |  |  | (1) |  |  | (1) |
Effect of exchange rate changes and deferred taxes | 33 |  |  |  |  | — |  |  | (5) |  |  | 28 |
Balance as of December 31, 2023 | $ | (146) |  |  |  |  | $ | 3 |  |  | $ | (66) |  |  | $ | (209) |
Gain arising during the period | — |  |  |  |  | — |  |  | 4 |  |  | 4 |
Effect of exchange rate changes and deferred taxes | (75) |  |  |  |  | — |  |  | — |  |  | (75) |
Balance as of December 31, 2024 | $ | (221) |  |  |  |  | $ | 3 |  |  | $ | (62) |  |  | $ | (280) |
_______________________________________________________________________________ (1) Reclassifications out of accumulated other comprehensive loss to the consolidated statements of operations were not material.

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