v3.25.2
CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Common Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Common Stock in Treasury
Shares oustanding, Beginning of Period (in shares) at Dec. 31, 2023   66.1        
Total stockholders' equity, Beginning of Period at Dec. 31, 2023 $ 1,672 $ 1 $ 906 $ 1,675 $ (287) $ (623)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 109     109    
Other comprehensive income (loss) – net of tax (29)       (29)  
Issuance of common stock related to compensation (in shares)   0.5        
Issuance of common stock related to compensation 24   24      
Compensation under stock-based plans – net (30)   (31)     1
Dividends (11)     (11)    
Acquisition of treasury stock (3)         (3)
Other 0   1 (1)    
Shares outstanding, End of Period (in shares) at Mar. 31, 2024   66.6        
Total stockholders' equity, End of Period at Mar. 31, 2024 1,732 $ 1 900 1,772 (316) (625)
Shares oustanding, Beginning of Period (in shares) at Dec. 31, 2023   66.1        
Total stockholders' equity, Beginning of Period at Dec. 31, 2023 1,672 $ 1 906 1,675 (287) (623)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 249          
Shares outstanding, End of Period (in shares) at Jun. 30, 2024   66.3        
Total stockholders' equity, End of Period at Jun. 30, 2024 1,824 $ 1 909 1,901 (343) (644)
Shares oustanding, Beginning of Period (in shares) at Mar. 31, 2024   66.6        
Total stockholders' equity, Beginning of Period at Mar. 31, 2024 1,732 $ 1 900 1,772 (316) (625)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 141     141    
Other comprehensive income (loss) – net of tax (27)       (27)  
Issuance of common stock related to compensation 1   1      
Compensation under stock-based plans – net 8   8      
Dividends (12)     (12)    
Acquisition of Treasury Stock (in shares)   (0.3)        
Acquisition of treasury stock (19)         (19)
Shares outstanding, End of Period (in shares) at Jun. 30, 2024   66.3        
Total stockholders' equity, End of Period at Jun. 30, 2024 1,824 $ 1 909 1,901 (343) (644)
Shares oustanding, Beginning of Period (in shares) at Dec. 31, 2024   65.7        
Total stockholders' equity, Beginning of Period at Dec. 31, 2024 1,832 $ 1 921 1,964 (382) (672)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 21     21    
Other comprehensive income (loss) – net of tax 32       32  
Issuance of common stock related to compensation (in shares)   0.4        
Issuance of common stock related to compensation 22   22      
Compensation under stock-based plans – net (in shares)   0.2        
Compensation under stock-based plans – net (19)   (25)     6
Dividends (11)     (11)    
Acquisition of Treasury Stock (in shares)   (0.8)        
Acquisition of treasury stock (33)         (33)
Other 0   1     (1)
Shares outstanding, End of Period (in shares) at Mar. 31, 2025   65.5        
Total stockholders' equity, End of Period at Mar. 31, 2025 1,844 $ 1 919 1,974 (350) (700)
Shares oustanding, Beginning of Period (in shares) at Dec. 31, 2024   65.7        
Total stockholders' equity, Beginning of Period at Dec. 31, 2024 1,832 $ 1 921 1,964 (382) (672)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 93          
Shares outstanding, End of Period (in shares) at Jun. 30, 2025   64.9        
Total stockholders' equity, End of Period at Jun. 30, 2025 1,965 $ 1 927 2,035 (276) (722)
Shares oustanding, Beginning of Period (in shares) at Mar. 31, 2025   65.5        
Total stockholders' equity, Beginning of Period at Mar. 31, 2025 1,844 $ 1 919 1,974 (350) (700)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 72     72    
Other comprehensive income (loss) – net of tax 74       74  
Issuance of common stock related to compensation 1   1      
Compensation under stock-based plans – net 7   7      
Dividends (11)     (11)    
Acquisition of Treasury Stock (in shares)   (0.6)        
Acquisition of treasury stock (22)         (22)
Shares outstanding, End of Period (in shares) at Jun. 30, 2025   64.9        
Total stockholders' equity, End of Period at Jun. 30, 2025 $ 1,965 $ 1 $ 927 $ 2,035 $ (276) $ (722)