v3.26.1
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
Accumu- lated other compre- hensive income (loss)
Accumu- lated deficit
Total stock- holders’ equity
Non- con- trolling interests
Beginning balance (in shares) 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)  
Ending 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
Beginning balance (in shares) at Dec. 31, 2025   252,854            
Beginning balance at Dec. 31, 2025 10,451 $ 56 15,424 (4,283) 213 (1,354) 10,056 395
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 1,133         1,122 1,122 11
Other comprehensive income (loss) (42)       (42)   (42)  
Share-based compensation plans 113   113       113  
Shares issued pursuant to stock awards (in shares)   232            
Shares issued pursuant to stock awards 36     44   (8) 36  
Treasury share repurchase and retired (in shares)   (461)            
Treasury shares repurchased and retired (102)     (102)     (102)  
Dividends non-controlling interest (59)             (59)
Dividends common stock (256)         (256) (256)  
Ending balance (in shares) at Mar. 29, 2026   252,625            
Ending balance at Mar. 29, 2026 $ 11,274 $ 56 $ 15,537 $ (4,341) $ 171 $ (496) $ 10,927 $ 347