XML 27 R9.htm IDEA: XBRL DOCUMENT v3.26.1
CONSOLIDATED STATEMENTS OF EQUITY (UNAUDITED) - USD ($)
$ in Millions
Total
Common Stock
[1]
Additional Paid-in Capital
Net Parent Investment
Accumulated Other Comprehensive Loss
Retained Earnings
Noncontrolling Interest
Beginning balance at Dec. 31, 2024 $ 3,182 $ 0 $ 0 $ 3,471 $ (213) $ 0 $ (76)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 140     134     6
Foreign exchange translation adjustment 22       22    
Pension and other postretirement benefit adjustments (1)       (1)    
Changes in fair value of cash flow hedges (11)       (11)    
Net transfers to Parent (103)     (101)     (2)
Ending balance at Mar. 31, 2025 3,229 0 0 3,504 (203) 0 (72)
Beginning balance at Dec. 31, 2025 1,377 2 1,495 0 (127) 41 (34)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 105         85 20
Dividends ($0.075 per share) (12)         (12)  
Foreign exchange translation adjustment (4)       (4)    
Pension and other postretirement benefit adjustments 0            
Changes in fair value of cash flow hedges 3       3    
Stock-based compensation 5   5        
Ending balance at Mar. 31, 2026 $ 1,473 $ 2 $ 1,500 $ 0 $ (128) $ 113 $ (14)
[1] See Note 11 - Shareowners’ Equity of the Notes to the Consolidated Financial Statements for a rollforward of common stock.