v3.26.1
Consolidated Statements of Equity - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-in Capital
Retained Earnings (Accumulated Deficit)
Accumulated Other Comp Loss
Treasury Stock
Non-controlling Interests
Beginning balance at Dec. 31, 2024 $ 23,793 $ 1 $ 47,925 $ (23,076) $ (1,500) $ 0 $ 443
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) (511)     (530)     19
Other comprehensive (loss) income 750       737   13
Dividends (515)   (515)        
Common stock issued/sold 4   4        
Stock-based compensation 40   40        
Employee taxes paid for share-based payment arrangements (22)   (22)        
Distributions to non-controlling interests (23)           (23)
Ending balance at Jun. 30, 2025 23,516 1 47,432 (23,606) (763) 0 452
Beginning balance at Mar. 31, 2025 23,268 1 47,761 (23,665) (1,263) 0 434
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 70     59     11
Other comprehensive (loss) income 507       500   7
Dividends (343)   (343)        
Stock-based compensation 20   20        
Employee taxes paid for share-based payment arrangements (6)   (6)        
Ending balance at Jun. 30, 2025 23,516 1 47,432 (23,606) (763) 0 452
Beginning balance at Dec. 31, 2025 14,103 1 38,721 (24,278) (525) 0 184
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 311     304     7
Other Comprehensive Income (Loss), Net of Tax, Excluding OCI from divested businesses (104)       (128)   24
Other comprehensive (loss) income (67)       (91)    
Dividends (244)   (244)        
Common stock issued/sold 107   107        
Stock-based compensation 30   30        
Employee taxes paid for share-based payment arrangements (22)   (22)        
Purchases of treasury stock (220)         (220)  
Distributions to non-controlling interests (14)           (14)
Excise tax on purchases of treasury stock (2)     (2)      
Retirement of treasury stock 0     (360)   360  
Forward contracts for share repurchase (55)   (55)        
Settlement of forward contracts for share repurchase 0   140     (140)  
Aramids Divestiture (52)       37   (89)
Other 43   33 10      
Ending balance at Jun. 30, 2026 13,881 1 38,710 (24,326) (616) 0 112
Beginning balance at Mar. 31, 2026 14,238 1 38,852 (24,201) (612) 0 198
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 147     143     4
Other Comprehensive Income (Loss), Net of Tax, Excluding OCI from divested businesses (42)       (41)   (1)
Other comprehensive (loss) income (5)            
Dividends (162)   (162)        
Common stock issued/sold 23   23        
Stock-based compensation 16   16        
Employee taxes paid for share-based payment arrangements (6)   (6)        
Purchases of treasury stock (220)         (220)  
Excise tax on purchases of treasury stock (2)     (2)      
Retirement of treasury stock 0     (270)   270  
Forward contracts for share repurchase (55)   (55)        
Settlement of forward contracts for share repurchase 0   50     (50)  
Aramids Divestiture (52)       37   (89)
Other (4)   (8) 4      
Ending balance at Jun. 30, 2026 $ 13,881 $ 1 $ 38,710 $ (24,326) $ (616) $ 0 $ 112