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Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
Schedule of Dividends Paid

DIVIDENDS

 

2024

 

 

2023

 

 

2022

 

Cash dividend paid per share

 

$

2.74

 

 

$

2.66

 

 

$

2.58

 

Cash dividend declared per share

 

$

2.74

 

 

$

2.66

 

 

$

2.58

 

 

 

Other Comprehensive Loss

OTHER COMPREHENSIVE LOSS / ENDING BALANCE1) (Dollars in millions)

 

2024

 

 

2023

 

Cumulative translation adjustments

 

$

(629

)

 

$

(466

)

Net pension liability

 

 

(31

)

 

 

(30

)

Total (ending balance)

 

$

(659

)

 

$

(496

)

 

 

 

 

 

 

 

Deferred taxes on the pension liability

 

$

10

 

 

$

10

 

 

1) The components of Other Comprehensive Loss are net of any related income tax effects.