v3.26.1
Condensed Consolidated Statements of Equity (Unaudited) - USD ($)
$ in Millions
Total
Common Stock [Member]
Treasury Stock, Common [Member]
Capital in Excess of Par Value [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Retained Earnings (Loss) [Member]
Noncontrolling Interests [Member]
Beginning balance at Dec. 31, 2024 $ 3,160 $ 1 $ (6,759) $ 6,245 $ (58) $ 3,455 $ 276
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 408         352 56
Currency translation adjustment 27       27   0
Foreign currency hedge adjustments 10       7   3
Stock-based compensation 11     10     1
Tax withholding on vesting of equity awards (2)     (2)      
Repurchase of common stock (454)   (454)        
Settlement of contracts for purchase of noncontrolling interest 0     2     (2)
Capped call option contract 52     52      
Dividends, common stock, cash (179)         (179)  
Ending balance at Mar. 31, 2025 $ 3,033 1 (7,213) 6,307 (24) 3,628 334
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Common stock, dividends declared (per share) $ 0.25            
Beginning balance at Dec. 31, 2025 $ 1,934 1 (9,028) 6,159 71 4,387 344
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 641         567 74
Currency translation adjustment (26)       (22)   (4)
Foreign currency hedge adjustments (16)       (11)   (5)
Exercise of stock options 4     4      
Stock-based compensation 24     23     1
Tax withholding on vesting of equity awards (6)     (6)      
Repurchase of common stock (746)   (746)        
Dividends, common stock, cash (201)         (201)  
Ending balance at Mar. 31, 2026 $ 1,608 $ 1 $ (9,774) $ 6,180 $ 38 $ 4,753 $ 410
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Common stock, dividends declared (per share) $ 0.30