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Consolidated Income Statement (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Profit or loss [abstract]        
Net sales to third parties $ 2,482 $ 2,402 $ 4,926 $ 4,735
Other revenues 14 20 29 39
Net sales and other revenues 2,496 2,422 4,955 4,774
Cost of net sales (1,108) (1,040) (2,171) (2,070)
Cost of other revenues (14) (19) (28) (36)
Gross profit 1,374 1,363 2,756 2,668
Selling, general & administration (837) (832) (1,639) (1,617)
Research & development (220) (217) (419) (419)
Other income 5 5 11 10
Other expense (4) (49) (23) (104)
Operating income 318 270 686 538
Interest expense (50) (48) (95) (95)
Other financial income & expense 12 (9) 24 (17)
Income before taxes 280 213 615 426
Taxes (57) (44) (144) (83)
Net income $ 223 $ 169 $ 471 $ 343
Earnings per share        
Basic (in dollars per share) $ 0.45 $ 0.34 $ 0.95 $ 0.70
Diluted (in dollars per share) $ 0.45 $ 0.34 $ 0.95 $ 0.69
Weighted average number of shares outstanding        
Basic (in shares) 494.5 493.2 494.1 492.8
Diluted (in shares) 497.0 495.7 496.7 495.9