v3.25.2
Reportable Segments - Reconciliation of Reportable Segment Net Income (Loss) to Consolidated Net Income (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2024
Mar. 31, 2024
Jun. 30, 2025
Jun. 30, 2024
Segment Reporting Information [Line Items]            
Segment net income (loss) $ 469   $ 104   $ 626 $ 313
Translation (loss) gain on foreign denominated debt, net         (70) 135
Research, development, and engineering expenses (276)   (262)   (546) (520)
Amortization of intangibles (28)   (30)   (56) (60)
Interest expense, net (83)   (84)   (165) (167)
Income tax benefit (84)   (50)   (139) (121)
Net income 500 $ 185 122 $ 225 685 347
Operating Segments            
Segment Reporting Information [Line Items]            
Segment net income (loss) 658   555   1,241 1,008
Impact of constant-currency reporting (183)   (353)   (410) (636)
Research, development, and engineering expenses (233)   (222)   (469) (438)
Income tax benefit (182)   (152)   (344) (277)
Operating Segments | Reportable Segments            
Segment Reporting Information [Line Items]            
Segment net income (loss) 668   552   1,267 988
Operating Segments | Hemlock and Emerging Growth Businesses            
Segment Reporting Information [Line Items]            
Segment net income (loss) (10)   3   (26) 20
Research, development, and engineering expenses (23)   (24)   (49) (45)
Income tax benefit   (3)   2 (11)
Segment Reporting, Reconciling Item, Excluding Corporate Nonsegment            
Segment Reporting Information [Line Items]            
Impact of constant-currency reporting (159)   (267)   (339) (493)
Translated earnings contract gain, net 131   27   30 66
Translation (loss) gain on foreign denominated debt, net (27)   54   (70) 135
Research, development, and engineering expenses (43)   (40)   (77) (82)
Amortization of intangibles (28)   (30)   (56) (60)
Interest expense, net (72)   (65)   (135) (126)
Income tax benefit 98   102   205 156
Restructuring, impairment and other charges and credits (1)   (138)   6 (129)
Other corporate items (57)   (76)   (120) (128)
Net income $ 500   $ 122   $ 685 $ 347