v3.26.1
Condensed Consolidated Statements of Changes in Equity (Unaudited) - USD ($)
$ in Millions
Total
Common Stock
Treasury Stock
Additional Paid-In-Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Beginning balance (in shares) at Dec. 31, 2024   173,000,000        
Beginning balance at Dec. 31, 2024 $ 2,959 $ 2 $ 0 $ 3,771 $ 242 $ (1,056)
Beginning balance, treasury (in shares) at Dec. 31, 2024     0      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 137       137  
Other comprehensive income (loss), net of tax 157         157
Net transfers from 3M (31)     (31)    
Stock-based compensation 49     49    
Issuance of shares under equity awards, net of shares withheld for taxes (8)     (8)    
Ending balance (in shares) at Mar. 31, 2025   173,000,000        
Ending balance at Mar. 31, 2025 3,262 $ 2 $ 0 3,781 378 (899)
Ending balance, treasury (in shares) at Mar. 31, 2025     0      
Beginning balance (in shares) at Dec. 31, 2024   173,000,000        
Beginning balance at Dec. 31, 2024 $ 2,959 $ 2 $ 0 3,771 242 (1,056)
Beginning balance, treasury (in shares) at Dec. 31, 2024     0      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Purchase of treasury stock (in shares) 0          
Ending balance (in shares) at Dec. 31, 2025 173,490,864 173,000,000        
Ending balance at Dec. 31, 2025 $ 5,049 $ 2 $ 0 3,876 1,797 (625)
Ending balance, treasury (in shares) at Dec. 31, 2025 0   0      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income $ 13       13  
Other comprehensive income (loss), net of tax (45)         (45)
Net transfers from 3M 2     2    
Stock-based compensation 49     49    
Issuance of shares under equity awards, net of shares withheld for taxes (in shares)   1,000,000        
Issuance of shares under equity awards, net of shares withheld for taxes $ (31)     (31)    
Purchase of treasury stock (in shares) 922,636   1,000,000      
Purchase of treasury stock $ (67)   $ (67)      
Ending balance (in shares) at Mar. 31, 2026 173,531,656 174,000,000        
Ending balance at Mar. 31, 2026 $ 4,969 $ 2 $ (67) $ 3,895 $ 1,810 $ (670)
Ending balance, treasury (in shares) at Mar. 31, 2026 922,636   1,000,000