v3.26.1
CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Millions
Total
Common Stock
Additional Capital
Retained Earnings
Accumulated other comprehensive loss
Treasury Stock
Non-controlling Interests
Common stock outstanding at beginning of period (in shares) at Dec. 31, 2024 [1]   223,231,000          
Stockholders' equity at beginning of period at Dec. 31, 2024 $ 9,346 $ 2 $ 5,998 $ 5,170 $ (47) $ (1,845) $ 68
Treasury stock outstanding at beginning of period (in shares) at Dec. 31, 2024 [1]           34,826,000  
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 208     204     4
Dividends (190)     (190)      
Other comprehensive income (loss), net of tax 27       27    
Issuance of common shares under incentive compensation plans 0            
Issuance of common shares under incentive compensation plans (in shares) [1]           (7,000)  
Equity-based compensation $ 13   13        
Treasury stock acquired and excise tax (in shares) 1,329,725         1,332,000 [1]  
Treasury stock acquired and excise tax $ (50)         $ (50)  
Distributions to noncontrolling interests (6)           (6)
Common stock outstanding at end of period (in shares) at Jun. 30, 2025 [1]   223,231,000          
Stockholders' equity at end of period at Jun. 30, 2025 9,348 $ 2 6,011 5,184 (20) $ (1,895) 66
Treasury stock outstanding at end of period (in shares) at Jun. 30, 2025 [2]           36,151,000  
Common stock outstanding at beginning of period (in shares) at Mar. 31, 2025 [2]   223,231,000          
Stockholders' equity at beginning of period at Mar. 31, 2025 9,253 $ 2 6,003 5,071 (44) $ (1,845) 66
Treasury stock outstanding at beginning of period (in shares) at Mar. 31, 2025 [2]           34,824,000  
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 210     208     2
Dividends (95)     (95)      
Other comprehensive income (loss), net of tax 24       24    
Issuance of common shares under incentive compensation plans 0            
Issuance of common shares under incentive compensation plans (in shares) [2]           (4,000)  
Equity-based compensation $ 8   8        
Treasury stock acquired and excise tax (in shares) 1,329,725         1,331,000 [2]  
Treasury stock acquired and excise tax $ (50)         $ (50)  
Distributions to noncontrolling interests (2)           (2)
Common stock outstanding at end of period (in shares) at Jun. 30, 2025 [1]   223,231,000          
Stockholders' equity at end of period at Jun. 30, 2025 9,348 $ 2 6,011 5,184 (20) $ (1,895) 66
Treasury stock outstanding at end of period (in shares) at Jun. 30, 2025 [2]           36,151,000  
Common stock outstanding at beginning of period (in shares) at Dec. 31, 2025 [1]   223,231,000          
Stockholders' equity at beginning of period at Dec. 31, 2025 $ 9,249 $ 2 6,008 5,373 (26) $ (2,173) 65
Treasury stock outstanding at beginning of period (in shares) at Dec. 31, 2025 41,443,642         41,444,000 [1]  
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income $ 1,543     1,540     3
Dividends (180)     (180)      
Other comprehensive income (loss), net of tax (20)       (20)    
Issuance of common shares under incentive compensation plans 0   (2)     $ 2  
Issuance of common shares under incentive compensation plans (in shares) [1]           (34,000)  
Equity-based compensation $ 15   15        
Treasury stock acquired and excise tax (in shares) 4,024,728         4,038,000 [1]  
Treasury stock acquired and excise tax $ (254)         $ (254)  
Distributions to noncontrolling interests (3)           (3)
Common stock outstanding at end of period (in shares) at Jun. 30, 2026 [2]   223,231,000          
Stockholders' equity at end of period at Jun. 30, 2026 $ 10,350 $ 2 6,021 6,733 (46) $ (2,425) 65
Treasury stock outstanding at end of period (in shares) at Jun. 30, 2026 45,447,697         45,448,000 [1]  
Common stock outstanding at beginning of period (in shares) at Mar. 31, 2026 [2]   223,231,000          
Stockholders' equity at beginning of period at Mar. 31, 2026 $ 9,729 $ 2 6,015 5,930 (34) $ (2,249) 65
Treasury stock outstanding at beginning of period (in shares) at Mar. 31, 2026 [2]           42,958,000  
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 893     892     1
Dividends (89)     (89)      
Other comprehensive income (loss), net of tax (12)       (12)    
Issuance of common shares under incentive compensation plans 0   (2)     $ 2  
Issuance of common shares under incentive compensation plans (in shares) [2]           (33,000)  
Equity-based compensation $ 8   8        
Treasury stock acquired and excise tax (in shares) 2,509,918         2,523,000 [2]  
Treasury stock acquired and excise tax $ (178)         $ (178)  
Distributions to noncontrolling interests (1)           (1)
Common stock outstanding at end of period (in shares) at Jun. 30, 2026 [2]   223,231,000          
Stockholders' equity at end of period at Jun. 30, 2026 $ 10,350 $ 2 $ 6,021 $ 6,733 $ (46) $ (2,425) $ 65
Treasury stock outstanding at end of period (in shares) at Jun. 30, 2026 45,447,697         45,448,000 [1]  
[1] In thousands.
[2] In thousands.