v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Total Shareholders' Equity (Deficit)
Common Stock and Additional Paid-In Capital
Treasury Stock
Accumulated Deficit
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interest
Beginning balance at Dec. 31, 2024 $ (4,785) $ (4,848) $ 265 $ (3,390) $ (978) $ (745) $ 63
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 679 636     636   43
Other comprehensive income (loss), net of tax (305) (311)       (311) 6
Stock-based compensation and Common Stock issued under employee plans 33 33 35   (2)    
Cash dividends declared (319) (319)     (319)    
Repurchase of Common Shares (558) (558)   (558)      
Dividends attributable to noncontrolling interest (15)           (15)
Acquisitions, disposals and other changes 0 0 0   0   0
Ending balance at Jun. 30, 2025 (5,270) (5,367) 300 (3,948) (663) (1,056) 97
Beginning balance at Dec. 31, 2024 57            
Redeemable Noncontrolling Interest              
Other comprehensive income (loss), net of tax 6            
Acquisitions, disposals and other changes 3            
Ending balance at Jun. 30, 2025 66            
Beginning balance at Mar. 31, 2025 (5,053) (5,128) 278 (3,646) (889) (871) 75
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 423 393     393   30
Other comprehensive income (loss), net of tax (181) (185)       (185) 4
Stock-based compensation and Common Stock issued under employee plans 19 19 22   (3)    
Cash dividends declared (164) (164)     (164)    
Repurchase of Common Shares (302) (302)   (302)      
Dividends attributable to noncontrolling interest (13)           (13)
Acquisitions, disposals and other changes 1           1
Ending balance at Jun. 30, 2025 (5,270) (5,367) 300 (3,948) (663) (1,056) 97
Beginning balance at Mar. 31, 2025 62            
Redeemable Noncontrolling Interest              
Other comprehensive income (loss), net of tax 4            
Ending balance at Jun. 30, 2025 66            
Beginning balance at Dec. 31, 2025 (5,346) (5,392) 333 (4,198) (440) (1,087) 46
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 802 768     768   34
Other comprehensive income (loss), net of tax 108 108       108 0
Stock-based compensation and Common Stock issued under employee plans 27 27 28   (1)    
Cash dividends declared (330) (330)     (330)    
Repurchase of Common Shares (807) (807)   (807)      
Dividends attributable to noncontrolling interest (7)           (7)
Acquisitions, disposals and other changes (7) (8) (8)       1
Noncontrolling interest adjustment (Note 1)   (114)     (114)   114
Ending balance at Jun. 30, 2026 (5,560) (5,748) 353 (5,005) (117) (979) 188
Beginning balance at Dec. 31, 2025 75            
Redeemable Noncontrolling Interest              
Other comprehensive income (loss), net of tax (2)            
Dividends attributable to noncontrolling interest (1)            
Acquisitions, disposals and other changes 34            
Ending balance at Jun. 30, 2026 106            
Beginning balance at Mar. 31, 2026 (5,509) (5,680) 332 (4,601) (378) (1,033) 171
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 449 428     428   21
Other comprehensive income (loss), net of tax 53 54       54 (1)
Stock-based compensation and Common Stock issued under employee plans 19 19 20   (1)    
Cash dividends declared (167) (167)     (167)    
Repurchase of Common Shares (404) (404)   (404)      
Dividends attributable to noncontrolling interest (4)           (4)
Acquisitions, disposals and other changes 3 2 1   1   1
Ending balance at Jun. 30, 2026 (5,560) $ (5,748) $ 353 $ (5,005) $ (117) $ (979) $ 188
Beginning balance at Mar. 31, 2026 74            
Redeemable Noncontrolling Interest              
Other comprehensive income (loss), net of tax (1)            
Dividends attributable to noncontrolling interest (1)            
Acquisitions, disposals and other changes 34            
Ending balance at Jun. 30, 2026 $ 106