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Stockholders' Equity Stockholders' Equity (Tables)
12 Months Ended
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 quarter0.8 $50 
Third quarter1.9 150 
Fourth quarter2.9 225 
Total shares repurchased in 20235.6 $425 
Shares repurchased in 2024:
First quarter4.3 $347 
Second quarter4.0 305 
Third quarter6.1 476 
Fourth quarter4.4 385 
Total shares repurchased in 202418.8 $1,513 
Shares repurchased as of December 31, 2024
24.4 $1,938 
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(1)As defined in the 2022 Share Repurchase Program, amounts reflect the price paid for the shares of common stock repurchased, excluding commissions paid to brokers and excise taxes.
Schedule of Stockholders Equity
Changes in common shares outstanding are as follows:
 Year ended December 31,
 202420232022
Beginning balance188,188,401 195,604,404 207,575,978 
Exercise of stock options46,285 39,106 2,475,550 
Issuance of restricted stock(1)
769,607 664,200 740,025 
Purchase of treasury shares(2)
(19,121,303)(8,119,309)(15,187,149)
Ending balance169,882,990 188,188,401 195,604,404 
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(1)Includes shares issued from treasury.
(2)Consists of shares repurchased under share repurchase programs and shares withheld to pay employee tax obligations upon the vesting of restricted stock or the exercise of stock options.
Schedule of Accumulated Other Comprehensive Income (Loss)
Changes to accumulated other comprehensive loss and the impact on other comprehensive income (loss) are as follows:
 Foreign
Currency
Translation
Adjustment
Unrealized
Gain (Loss)
on
Derivatives
Defined
Benefit
Plans
Accumulated
Other
Comprehensive
Loss
 (in millions)
Balance as of December 31, 2021$(141)$$(120)$(257)
Gain arising during the period— — 55 55 
Reclassification to earnings(1):
Settlement loss— — 21 21 
Curtailment gains— — (4)(4)
Other— (1)
Effect of exchange rate changes and deferred taxes(38)— (10)(48)
Balance as of December 31, 2022$(179)$$(54)$(230)
Loss arising during the period— — (6)(6)
Reclassification to earnings(1)
— — (1)(1)
Effect of exchange rate changes and deferred taxes33 — (5)28 
Balance as of December 31, 2023$(146)$$(66)$(209)
Gain arising during the period— — 
Effect of exchange rate changes and deferred taxes(75)— — (75)
Balance as of December 31, 2024$(221)$$(62)$(280)
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(1)     Reclassifications out of accumulated other comprehensive loss to the consolidated statements of operations were not material.