Shareowners' Equity (Tables)

6 Months Ended

Jun. 30, 2026

The following table sets forth the changes in the number of shares of common stock outstanding during the three and six months ended June 30, 2026.


	For The Three Months Ended June 30,	For The Six Months Ended June 30,
(in millions)	2026	2026
Balance as of beginning of period	158.8	158.7
Common stock issued under employee compensation plans, net	—	0.1
Common stock acquired	—	—
Balance as of end of period	158.8	158.8

Changes in Accumulated Other Comprehensive Loss by Component

The changes in Accumulated other comprehensive loss are provided in the table below.


	Foreign Exchange Translation Adjustment		Pension Adjustments		Changes in Fair Value of Cash Flow Hedges		Total
Balance as of December 31, 2025	$	(120)	$	(8)	$	2	$	(127)
Other comprehensive income (loss) before reclassifications	(15)		—		—		(15)
Amounts reclassified from accumulated other comprehensive loss	—		—		—		—
Net current period other comprehensive income (loss)	(15)		—		—		(15)
Balance as of June 30, 2026	$	(135)	$	(8)	$	2	$	(142)
Balance as of December 31, 2024	$	(218)	$	(5)	$	10	$	(213)
Other comprehensive income (loss) before reclassifications	88		(2)		(37)		49
Amounts reclassified from accumulated other comprehensive loss	—		—		—		—
Net current period other comprehensive income (loss)	88		(2)		(37)		49
Balance as of June 30, 2025	$	(130)	$	(7)	$	(27)	$	(164)