v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
Total
Common Stock
Additional Paid-in Capital
Treasury Stock
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Non-Controlling Interest
Beginning Balance, Value at Dec. 31, 2024 $ 6,437 $ 31 $ 1,118 $ (748) $ (109) $ 6,128 $ 17
Beginning Balance, Shares at Dec. 31, 2024   286          
Net income 334         331 3
Foreign currency translation 124       124    
Employee stock purchase plan 4   4        
Stock incentive plans 25   25        
Stock incentive plans, Shares   1          
Repurchase shares to fund tax withholdings for non-cash stock-based compensation (40)   (40)        
Cash dividends paid (43)         (43)  
Ending Balance, Value at Mar. 31, 2025 6,841 $ 31 1,107 (748) 15 6,416 20
Ending Balance, Shares at Mar. 31, 2025   287          
Beginning Balance, Value at Dec. 31, 2024 6,437 $ 31 1,118 (748) (109) 6,128 17
Beginning Balance, Shares at Dec. 31, 2024   286          
Net income 569            
Ending Balance, Value at Jun. 30, 2025 11,617 $ 35 5,441 (748) 262 6,604 23
Ending Balance, Shares at Jun. 30, 2025   330          
Beginning Balance, Value at Mar. 31, 2025 6,841 $ 31 1,107 (748) 15 6,416 20
Beginning Balance, Shares at Mar. 31, 2025   287          
Net income 234         231 3
Foreign currency translation 247       247    
Employee stock purchase plan 3   3        
Stock incentive plans 20   20        
Shares issued - public offering 4,315 $ 4 4,311        
Shares issued - public offering, Shares   43          
Directors 1   1        
Repurchase shares to fund tax withholdings for non-cash stock-based compensation (1)   (1)        
Cash dividends paid (43)         (43)  
Ending Balance, Value at Jun. 30, 2025 11,617 $ 35 5,441 (748) 262 6,604 23
Ending Balance, Shares at Jun. 30, 2025   330          
Beginning Balance, Value at Dec. 31, 2025 $ 12,573 $ 36 6,160 (848) 210 6,989 26
Beginning Balance, Shares at Dec. 31, 2025 336 336          
Net income $ 427         426 1
Foreign currency translation (82)       (82)    
Employee stock purchase plan 6   6        
Stock incentive plans 20   20        
Stock incentive plans, Shares   3          
Acquisitions 5   5        
Net non-controlling interest acquired (disposed/distribution) (3)           (3)
Repurchase shares to fund tax withholdings for non-cash stock-based compensation (26)   (26)        
Purchase of treasury stock (250)     (250)      
Purchase of treasury stock, Shares   (4)          
Cash dividends paid (57)         (57)  
Ending Balance, Value at Mar. 31, 2026 12,613 $ 36 6,165 (1,098) 128 7,358 24
Ending Balance, Shares at Mar. 31, 2026   335          
Beginning Balance, Value at Dec. 31, 2025 $ 12,573 $ 36 6,160 (848) 210 6,989 26
Beginning Balance, Shares at Dec. 31, 2025 336 336          
Net income $ 716            
Ending Balance, Value at Jun. 30, 2026 $ 12,608 $ 36 6,189 (1,348) 116 7,590 25
Ending Balance, Shares at Jun. 30, 2026 330 330          
Beginning Balance, Value at Mar. 31, 2026 $ 12,613 $ 36 6,165 (1,098) 128 7,358 24
Beginning Balance, Shares at Mar. 31, 2026   335          
Net income 289         288 1
Foreign currency translation (12)       (12)    
Employee stock purchase plan 4   4        
Stock incentive plans 19   19        
Directors 2   2        
Repurchase shares to fund tax withholdings for non-cash stock-based compensation (1)   (1)        
Repurchase shares to fund tax withholdings for non-cash stock-based compensation, shares   (1)          
Purchase of treasury stock (250)     (250)      
Purchase of treasury stock, Shares   (4)          
Cash dividends paid (56)         (56)  
Ending Balance, Value at Jun. 30, 2026 $ 12,608 $ 36 $ 6,189 $ (1,348) $ 116 $ 7,590 $ 25
Ending Balance, Shares at Jun. 30, 2026 330 330