v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (Unaudited) - USD ($)
shares in Millions, $ in Millions
Total
Common stock
Capital in excess of par value
Treasury shares at cost
AOCI Attributable to Parent [Member]
Accumu- lated deficit
Total stock- holders’ equity
Non- con- trolling interests
Shares, Issued, Beginning Balance at Dec. 31, 2023   257,190            
Beginning balance at Dec. 31, 2023 $ 8,960 $ 56 $ 14,501 $ (3,210) $ 90 $ (2,793) $ 8,644 $ 316
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 644         639 639 5
Other comprehensive income (loss) (46)       (46)   (46)  
Share-based compensation plans 118   118       118  
Shares issued pursuant to stock awards (in shares)   228            
Shares issued pursuant to stock awards 37     44   (7) 37  
Treasury share repurchase and retired (in shares)   (1,323)            
Treasury shares repurchased and retired (303)     (303)     (303)  
Dividends common stock (260)         (260) (260)  
Balance (in shares) at Mar. 31, 2024   256,095            
Ending balance at Mar. 31, 2024 $ 9,150 $ 56 14,619 (3,469) 44 (2,421) 8,829 321
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Dividends common stock (in dollars per share) $ 1.014              
Shares, Issued, Beginning Balance at Dec. 31, 2023   257,190            
Beginning balance at Dec. 31, 2023 $ 8,960 $ 56 14,501 (3,210) 90 (2,793) 8,644 316
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 1,308              
Other comprehensive income (loss) (60)              
Balance (in shares) at Jun. 30, 2024   254,976            
Ending balance at Jun. 30, 2024 9,345 $ 56 14,730 (3,762) 30 (2,036) 9,018 327
Shares, Issued, Beginning Balance at Mar. 31, 2024   256,095            
Beginning balance at Mar. 31, 2024 9,150 $ 56 14,619 (3,469) 44 (2,421) 8,829 321
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 664         658 658 6
Other comprehensive income (loss) (14)       (14)   (14)  
Share-based compensation plans 111   111       111  
Shares issued pursuant to stock awards (in shares)   89            
Shares issued pursuant to stock awards 3     17   (14) 3  
Treasury share repurchase and retired (in shares)   (1,208)            
Treasury shares repurchased and retired (310)     (310)     (310)  
Dividends common stock (259)         (259) (259)  
Balance (in shares) at Jun. 30, 2024   254,976            
Ending balance at Jun. 30, 2024 $ 9,345 $ 56 14,730 (3,762) 30 (2,036) 9,018 327
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Dividends common stock (in dollars per share) $ 1.014              
Shares, Issued, Beginning Balance at Dec. 31, 2024   254,324            
Beginning balance at Dec. 31, 2024 $ 9,531 $ 56 14,962 (4,004) (17) (1,814) 9,183 348
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 497         490 490 7
Other comprehensive income (loss) 46       46   46  
Share-based compensation plans 131   131       131  
Shares issued pursuant to stock awards (in shares)   238            
Shares issued pursuant to stock awards 32     54   (22) 32  
Treasury share repurchase and retired (in shares)   (1,413)            
Treasury shares repurchased and retired (303)     (303)     (303)  
Dividends common stock (257)         (257) (257)  
Balance (in shares) at Mar. 30, 2025   253,149            
Ending balance at Mar. 30, 2025 $ 9,677 $ 56 15,093 (4,253) 29 (1,603) 9,322 355
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Dividends common stock (in dollars per share) $ 1.014              
Shares, Issued, Beginning Balance at Dec. 31, 2024   254,324            
Beginning balance at Dec. 31, 2024 $ 9,531 $ 56 14,962 (4,004) (17) (1,814) 9,183 348
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 954              
Other comprehensive income (loss) 187              
Balance (in shares) at Jun. 29, 2025   252,114            
Ending balance at Jun. 29, 2025 9,936 $ 56 15,206 (4,441) 170 (1,422) 9,569 367
Shares, Issued, Beginning Balance at Mar. 30, 2025   253,149            
Beginning balance at Mar. 30, 2025 9,677 $ 56 15,093 (4,253) 29 (1,603) 9,322 355
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 457         445 445 12
Other comprehensive income (loss) 141       141   141  
Share-based compensation plans 113   113       113  
Shares issued pursuant to stock awards (in shares)   70            
Shares issued pursuant to stock awards 7     16   (9) 7  
Treasury share repurchase and retired (in shares)   (1,105)            
Treasury shares repurchased and retired (204)     (204)     (204)  
Dividends common stock (255)         (255) (255)  
Balance (in shares) at Jun. 29, 2025   252,114            
Ending balance at Jun. 29, 2025 $ 9,936 $ 56 $ 15,206 $ (4,441) $ 170 $ (1,422) $ 9,569 $ 367
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Dividends common stock (in dollars per share) $ 1.014