v3.25.2
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Common Shares
Treasury Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interests
Redeemable Noncontrolling Interest
Beginning balance at Dec. 31, 2023 $ 8,096 $ 25 $ (865) $ 1,578 $ 9,654 [1] $ (2,362) [1] $ 66  
Stockholders' Equity                
Net income (loss) 365       368 [1]   (3)  
Other comprehensive income (loss), net of tax (49)         (49) [1]    
Dividends paid 0              
Acquisition of treasury stock (581)   (581)          
Common shares issued from treasury stock and capital increase for share-based compensation 0   173 (173)        
Share-based compensation expense 10     10        
Other changes (3)   (3)          
Ending balance at Mar. 31, 2024 7,838 25 (1,276) 1,415 10,022 [1] (2,411) [1] 63  
Beginning balance, redeemable noncontrolling interest at Dec. 31, 2023               $ 54
Redeemable Noncontrolling Interest                
Net income (loss), redeemable noncontrolling interests               4
Dividends paid, redeemable noncontrolling interests               (1)
Ending balance, redeemable noncontrolling interest at Mar. 31, 2024               57
Beginning balance at Dec. 31, 2023 8,096 25 (865) 1,578 9,654 [1] (2,362) [1] 66  
Stockholders' Equity                
Other comprehensive income (loss), net of tax (190) [2]         (190)    
Ending balance at Jun. 30, 2024 7,451 25 (1,317) 1,401 9,830 [1] (2,552) [1] 64  
Beginning balance, redeemable noncontrolling interest at Dec. 31, 2023               54
Ending balance, redeemable noncontrolling interest at Jun. 30, 2024               60
Beginning balance at Mar. 31, 2024 7,838 25 (1,276) 1,415 10,022 [1] (2,411) [1] 63  
Stockholders' Equity                
Net income (loss) 399       399 [1]      
Other comprehensive income (loss), net of tax (141) [2]         (141) [1]    
Dividends paid (591)       (591) [1]      
Acquisition of treasury stock (60)   (60)          
Common shares issued from treasury stock and capital increase for share-based compensation 0   20 (20)        
Share-based compensation expense 7     7        
Other changes (1)   (1) (1)     1  
Ending balance at Jun. 30, 2024 7,451 25 (1,317) 1,401 9,830 [1] (2,552) [1] 64  
Beginning balance, redeemable noncontrolling interest at Mar. 31, 2024               57
Redeemable Noncontrolling Interest                
Net income (loss), redeemable noncontrolling interests               5
Dividends paid, redeemable noncontrolling interests               (2)
Ending balance, redeemable noncontrolling interest at Jun. 30, 2024               60
Beginning balance at Dec. 31, 2024 7,713 25 (1,386) 1,415 10,309 (2,712) 62  
Stockholders' Equity                
Net income (loss) 129       131   (2)  
Other comprehensive income (loss), net of tax 60         57 3  
Dividends paid 0              
Acquisition of treasury stock (5)   (5)          
Common shares issued from treasury stock and capital increase for share-based compensation 0   26 (26)        
Share-based compensation expense 5     5        
Other changes 0              
Ending balance at Mar. 31, 2025 7,902 25 (1,365) 1,394 10,440 (2,655) 63  
Beginning balance, redeemable noncontrolling interest at Dec. 31, 2024 55             55
Redeemable Noncontrolling Interest                
Net income (loss), redeemable noncontrolling interests               3
Dividends paid, redeemable noncontrolling interests               (1)
Ending balance, redeemable noncontrolling interest at Mar. 31, 2025               57
Beginning balance at Dec. 31, 2024 7,713 25 (1,386) 1,415 10,309 (2,712) 62  
Stockholders' Equity                
Other comprehensive income (loss), net of tax 32         25    
Ending balance at Jun. 30, 2025 7,779 25 (1,343) 1,378 10,340 (2,687) 66  
Beginning balance, redeemable noncontrolling interest at Dec. 31, 2024 55             55
Ending balance, redeemable noncontrolling interest at Jun. 30, 2025 55             55
Beginning balance at Mar. 31, 2025 7,902 25 (1,365) 1,394 10,440 (2,655) 63  
Stockholders' Equity                
Net income (loss) 212       213   (1)  
Other comprehensive income (loss), net of tax (28)         (32) 4  
Dividends paid (313)       (313)      
Acquisition of treasury stock 0              
Common shares issued from treasury stock and capital increase for share-based compensation 0   22 (22)        
Share-based compensation expense 7     7        
Other changes (1)     (1)        
Ending balance at Jun. 30, 2025 7,779 $ 25 $ (1,343) $ 1,378 $ 10,340 $ (2,687) $ 66  
Beginning balance, redeemable noncontrolling interest at Mar. 31, 2025               57
Redeemable Noncontrolling Interest                
Net income (loss), redeemable noncontrolling interests               5
Dividends paid, redeemable noncontrolling interests               (7)
Ending balance, redeemable noncontrolling interest at Jun. 30, 2025 $ 55             $ 55
[1]
(1) See "Note 20: Immaterial Revision of Prior Period Financial Statements".
[2]
(1) See "Note 20: Immaterial Revision of Prior Period Financial Statements".