v3.25.2
Condensed Consolidated Statements of Equity (Unaudited) - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Loss
Cash Flow Hedges
Foreign Currency Translation
Defined Benefit Plans
Balance at beginning of period (in shares) at Dec. 31, 2023   492,800,000            
Balance at beginning of period at Dec. 31, 2023 $ 6,223 $ 0 $ 8,777 $ (2,288) $ (266) $ 57 $ (379) $ 56
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 32     32        
Other comprehensive (loss) income, net of tax (199)       (199) 32 (227) (4)
Stock-based compensation activity, net (in shares)   1,200,000            
Balance at end of period (in shares) at Mar. 31, 2024   494,000,000.0            
Balance at end of period at Mar. 31, 2024 6,056 $ 0 8,777 (2,256) (465) 89 (606) 52
Balance at beginning of period (in shares) at Dec. 31, 2023   492,800,000            
Balance at beginning of period at Dec. 31, 2023 6,223 $ 0 8,777 (2,288) (266) 57 (379) 56
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) (18)              
Other comprehensive (loss) income, net of tax (276)              
Balance at end of period (in shares) at Jun. 30, 2024   494,200,000            
Balance at end of period at Jun. 30, 2024 5,942 $ 0 8,790 (2,306) (542) 80 (672) 50
Balance at beginning of period (in shares) at Mar. 31, 2024   494,000,000.0            
Balance at beginning of period at Mar. 31, 2024 6,056 $ 0 8,777 (2,256) (465) 89 (606) 52
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) (50)     (50)        
Other comprehensive (loss) income, net of tax (77)       (77) (9) (66) (2)
Stock-based compensation activity, net (in shares)   200,000            
Stock-based compensation activity, net 13   13          
Balance at end of period (in shares) at Jun. 30, 2024   494,200,000            
Balance at end of period at Jun. 30, 2024 $ 5,942 $ 0 8,790 (2,306) (542) 80 (672) 50
Balance at beginning of period (in shares) at Dec. 31, 2024 494,445,839 494,400,000            
Balance at beginning of period at Dec. 31, 2024 $ 6,096 $ 0 8,817 (1,950) (771) 37 (866) 58
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 67     67        
Other comprehensive (loss) income, net of tax 188       188 (29) 218 (1)
Stock-based compensation activity, net (in shares)   2,100,000            
Stock-based compensation activity, net 2   2          
Balance at end of period (in shares) at Mar. 31, 2025   496,500,000            
Balance at end of period at Mar. 31, 2025 $ 6,353 $ 0 8,819 (1,883) (583) 8 (648) 57
Balance at beginning of period (in shares) at Dec. 31, 2024 494,445,839 494,400,000            
Balance at beginning of period at Dec. 31, 2024 $ 6,096 $ 0 8,817 (1,950) (771) 37 (866) 58
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 78              
Other comprehensive (loss) income, net of tax $ 579              
Balance at end of period (in shares) at Jun. 30, 2025 496,646,312 496,600,000            
Balance at end of period at Jun. 30, 2025 $ 6,775 $ 0 8,839 (1,872) (192) (8) (245) 61
Balance at beginning of period (in shares) at Mar. 31, 2025   496,500,000            
Balance at beginning of period at Mar. 31, 2025 6,353 $ 0 8,819 (1,883) (583) 8 (648) 57
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 11     11        
Other comprehensive (loss) income, net of tax 391       391 (16) 403 4
Stock-based compensation activity, net (in shares)   100,000            
Stock-based compensation activity, net $ 20   20          
Balance at end of period (in shares) at Jun. 30, 2025 496,646,312 496,600,000            
Balance at end of period at Jun. 30, 2025 $ 6,775 $ 0 $ 8,839 $ (1,872) $ (192) $ (8) $ (245) $ 61