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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash from operating activities      
Net income $ 654 $ 651 $ 502
Non-cash charges to net income:      
Depreciation and amortization 214 219 215
Mechanical stores expense 62 62 55
Net gain on sale of business (90) 0 0
Deferred income taxes (15) (6) (3)
Impairment charges 109 10 0
Other non-cash charges 32 59 57
Changes in working capital:      
Accounts receivable and prepaid expenses 148 77 (310)
Inventories 228 69 (468)
Accounts payable and accrued liabilities 20 (79) 158
Margin accounts 21 10 (44)
Other 53 (15) (10)
Cash provided by operating activities 1,436 1,057 152
Cash from investing activities      
Capital expenditures and mechanical stores purchases (301) (316) (300)
Proceeds from disposal of manufacturing facilities and properties 6 2 7
Proceeds from sale of business 255 0 0
Payments for acquisitions, net of cash acquired 0 0 (29)
Other (7) (15) 2
Cash used for investing activities (47) (329) (320)
Cash from financing activities      
Proceeds from borrowings 773 720 825
Payments on debt (791) (949) (532)
Commercial paper borrowings, net (327) (63) 140
Repurchases of common stock, net (216) (101) (112)
Issuances of common stock for share-based compensation, net 46 20 9
Purchases of non-controlling interests (40) (2) (46)
Dividends paid, including to non-controlling interests (210) (194) (181)
Cash used for financing activities (765) (569) 103
Effects of foreign exchange rate changes on cash and cash equivalents (28) 6 (27)
Increase (decrease) in cash and cash equivalents 596 165 (92)
Cash and cash equivalents, beginning of period 401 236 328
Cash and cash equivalents, end of period $ 997 $ 401 $ 236