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Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2024

Accounting Policies [Abstract]

Changes in Carrying Amount of Service and Product Warranties

The changes in the carrying amount of service and product warranties are as follows (in millions):

Balance at December 31, 2022		$	70
Net provisions for warranties issued during the year			16
Amounts incurred			(16	)
Currency translation adjustments and other			2
Balance at December 31, 2023		$	72
Net provisions for warranties issued during the year			22
Amounts incurred			(27	)
Currency translation adjustments and other			1
Balance at December 31, 2024		$	68

Computation of Weighted Average Basic and Diluted Shares Outstanding

The following table sets forth the computation of weighted average basic and diluted shares outstanding (in millions, except per share data):

		Year Ended December 31,
		2024				2023				2022
Numerator:
Net income attributable to Company		$	635			$	993			$	155
Denominator:
Basic—weighted average common shares outstanding			392				393				390
Dilutive effect of employee stock options and other unvested    stock awards			4				4				4
Diluted outstanding shares			396				397				394
Net income attributable to Company per share:
Basic		$	1.62			$	2.53			$	0.40
Diluted		$	1.60			$	2.50			$	0.39
Cash dividends per share		$	0.275			$	0.20			$	0.20

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

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