v3.26.1
Consolidated Statements of Total Equity (Unaudited) - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive (Loss) Earnings
Retained Earnings
Total Shareholders' Equity
Noncontrolling Interests
Beginning Balance at Dec. 31, 2024 $ 9,456 $ 1 $ 3,550 $ (13) $ 5,915 $ 9,453 $ 3
Beginning Balance (in shares) at Dec. 31, 2024   61,126,646          
Consolidated net earnings 444       444 444  
Other comprehensive earnings, net of tax 4     4   4  
Dividends declared (96)       (96) (96)  
Issuances of common stock for stock award plans 4   4     4  
Issuances of common stock for stock award plans (in shares)   89,924          
Shares withheld for employees' income tax obligations (29)   (29)     (29)  
Repurchases of common stock (454)       (454) (454)  
Repurchases of common stock, Shares   (910,831)          
Stock-based compensation expense 37   37     37  
Ending Balance at Jun. 30, 2025 9,366 $ 1 3,562 (9) 5,809 9,363 3
Ending Balance (in shares) at Jun. 30, 2025   60,305,739          
Beginning Balance at Mar. 31, 2025 9,084 $ 1 3,563 (12) 5,529 9,081 3
Beginning Balance (in shares) at Mar. 31, 2025   60,278,790          
Consolidated net earnings 328       328 328  
Other comprehensive earnings, net of tax 3     3   3  
Dividends declared (48)       (48) (48)  
Issuances of common stock for stock award plans (in shares)   26,949          
Shares withheld for employees' income tax obligations (7)   (7)     (7)  
Stock-based compensation expense 6   6     6  
Ending Balance at Jun. 30, 2025 9,366 $ 1 3,562 (9) 5,809 9,363 3
Ending Balance (in shares) at Jun. 30, 2025   60,305,739          
Beginning Balance at Dec. 31, 2025 $ 10,034 $ 1 3,569 60 6,402 10,032 2
Beginning Balance (in shares) at Dec. 31, 2025 60,309,739 60,309,739          
Consolidated net earnings $ 1,764       1,764 1,764  
Other comprehensive earnings, net of tax 34     34   34  
Dividends declared (100)       (100) (100)  
Issuances of common stock for stock award plans 4   4     4  
Issuances of common stock for stock award plans (in shares)   66,575          
Shares withheld for employees' income tax obligations (27)   (27)     (27)  
Repurchases of common stock (202)       (202) (202)  
Repurchases of common stock, Shares   (325,455)          
Stock-based compensation expense 41   41     41  
Ending Balance at Jun. 30, 2026 $ 11,548 $ 1 3,587 94 7,864 11,546 2
Ending Balance (in shares) at Jun. 30, 2026 60,050,859 60,050,859          
Beginning Balance at Mar. 31, 2026 $ 11,297 $ 1 3,578 53 7,663 11,295 2
Beginning Balance (in shares) at Mar. 31, 2026   60,045,900          
Consolidated net earnings 251       251 251  
Other comprehensive earnings, net of tax 41     41   41  
Dividends declared (50)       (50) (50)  
Issuances of common stock for stock award plans 0   0     0  
Issuances of common stock for stock award plans (in shares)   4,959          
Shares withheld for employees' income tax obligations (1)   (1)     (1)  
Stock-based compensation expense 10   10     10  
Ending Balance at Jun. 30, 2026 $ 11,548 $ 1 $ 3,587 $ 94 $ 7,864 $ 11,546 $ 2
Ending Balance (in shares) at Jun. 30, 2026 60,050,859 60,050,859