v3.25.2
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Common Stock
Additional Paid-In Capital
Retained Earnings
Accumulated Other Compre- hensive Loss
Treasury Stock, at Cost
Non- controlling Interests
Balance, shares at Dec. 31, 2023   111          
Balance at Dec. 31, 2023 $ 6,342 $ 2 $ 2,320 $ 8,825 $ (14) $ (4,826) $ 35
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 445     423     22
Other comprehensive income (loss), net of taxes (5)       (5)    
Dividends declared (168)     (168)      
Distributions to noncontrolling interest partners (18)           (18)
Issuance of common stock under benefit plans 13   (41)     54  
Stock-based compensation expense 42   42        
Exercise of stock options 28   (1)     29  
Shares to cover employee payroll tax withholdings on stock issued under stock-based compensation plans (23)   (6)     (17)  
Balance, shares at Jun. 30, 2024   111          
Balance at Jun. 30, 2024 6,656 $ 2 2,314 9,080 (19) (4,760) 39
Balance, shares at Mar. 31, 2024   111          
Balance at Mar. 31, 2024 6,469 $ 2 2,292 8,935 (16) (4,781) 37
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 238     229     9
Other comprehensive income (loss), net of taxes (3)       (3)    
Dividends declared (84)     (84)      
Distributions to noncontrolling interest partners (7)           (7)
Issuance of common stock under benefit plans 7   1     6  
Stock-based compensation expense 20   20        
Exercise of stock options 16   1     15  
Balance, shares at Jun. 30, 2024   111          
Balance at Jun. 30, 2024 6,656 $ 2 2,314 9,080 (19) (4,760) 39
Balance, shares at Dec. 31, 2024   111          
Balance at Dec. 31, 2024 6,813 $ 2 2,361 9,360 (88) (4,857) 35
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 527     502     25
Other comprehensive income (loss), net of taxes 72       72    
Dividends declared (180)     (180)      
Distributions to noncontrolling interest partners (23)           (23)
Issuance of common stock under benefit plans, shares   1          
Issuance of common stock under benefit plans 13   (54)     67  
Stock-based compensation expense 43   43        
Exercise of stock options 42   1     41  
Shares to cover employee payroll tax withholdings on stock issued under stock-based compensation plans (42)   (19)     (23)  
Balance, shares at Jun. 30, 2025   112          
Balance at Jun. 30, 2025 7,265 $ 2 2,332 9,682 (16) (4,772) 37
Balance, shares at Mar. 31, 2025   112          
Balance at Mar. 31, 2025 6,962 $ 2 2,310 9,490 (83) (4,790) 33
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 295     282     13
Other comprehensive income (loss), net of taxes 67       67    
Dividends declared (90)     (90)      
Distributions to noncontrolling interest partners (9)           (9)
Issuance of common stock under benefit plans 6         6  
Stock-based compensation expense 21   21        
Exercise of stock options 13   1     12  
Balance, shares at Jun. 30, 2025   112          
Balance at Jun. 30, 2025 $ 7,265 $ 2 $ 2,332 $ 9,682 $ (16) $ (4,772) $ 37