v3.26.1
Condensed Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($)
$ in Millions
Total
Common Stock
Capital in Excess of Par Value
Retained Earnings
Accumulated Other Comprehensive (Loss) Income
Noncontrolling Interests
Beginning balance (in shares) at Dec. 31, 2024   300,163,372        
Beginning balance at Dec. 31, 2024 $ 3,013 $ 3 $ 2,054 $ 1,410 $ (455) $ 1
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (Loss) Income 127     127    
Other Comprehensive Income (Loss), Net of Tax:            
Derivative Instruments 5       5  
Currency Translation Adjustment 77       77  
Dividends Declared (33)     (33)    
Recognition of Stock-Based Compensation, Net (31)   (31)      
Issuance of Shares for Stock-Based Awards (in shares)   1,590,909        
Ending balance (in shares) at Mar. 31, 2025   301,754,281        
Ending balance at Mar. 31, 2025 3,158 $ 3 2,023 1,504 (373) 1
Beginning balance (in shares) at Dec. 31, 2024   300,163,372        
Beginning balance at Dec. 31, 2024 3,013 $ 3 2,054 1,410 (455) 1
Other Comprehensive Income (Loss), Net of Tax:            
Derivative Instruments (2)          
Ending balance (in shares) at Jun. 30, 2025   296,883,064        
Ending balance at Jun. 30, 2025 3,219 $ 3 1,990 1,494 (269) 1
Beginning balance (in shares) at Mar. 31, 2025   301,754,281        
Beginning balance at Mar. 31, 2025 3,158 $ 3 2,023 1,504 (373) 1
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (Loss) Income 104     104    
Other Comprehensive Income (Loss), Net of Tax:            
Derivative Instruments (7)       (7)  
Currency Translation Adjustment 111       111  
Repurchase of Common Stock (in shares) [1]   (4,982,296)        
Repurchase of Common Stock [1] (112)   (31) (81)    
Dividends Declared (33)     (33)    
Recognition of Stock-Based Compensation, Net (2)   (2)      
Issuance of Shares for Stock-Based Awards (in shares)   111,079        
Ending balance (in shares) at Jun. 30, 2025   296,883,064        
Ending balance at Jun. 30, 2025 $ 3,219 $ 3 1,990 1,494 (269) 1
Beginning balance (in shares) at Dec. 31, 2025 295,128,049 295,128,049        
Beginning balance at Dec. 31, 2025 $ 3,337 $ 3 1,981 1,614 (262) 1
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (Loss) Income (43)     (43)    
Other Comprehensive Income (Loss), Net of Tax:            
Derivative Instruments 2       2  
Currency Translation Adjustment (24)       (24)  
Dividends Declared (32)     (32)    
Recognition of Stock-Based Compensation, Net 8   8      
Issuance of Shares for Stock-Based Awards (in shares)   753,088        
Ending balance (in shares) at Mar. 31, 2026   295,881,137        
Ending balance at Mar. 31, 2026 $ 3,248 $ 3 1,989 1,539 (284) 1
Beginning balance (in shares) at Dec. 31, 2025 295,128,049 295,128,049        
Beginning balance at Dec. 31, 2025 $ 3,337 $ 3 1,981 1,614 (262) 1
Other Comprehensive Income (Loss), Net of Tax:            
Derivative Instruments $ 3          
Ending balance (in shares) at Jun. 30, 2026 296,054,676 296,054,676        
Ending balance at Jun. 30, 2026 $ 3,237 $ 3 1,994 1,530 (291) 1
Beginning balance (in shares) at Mar. 31, 2026   295,881,137        
Beginning balance at Mar. 31, 2026 3,248 $ 3 1,989 1,539 (284) 1
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (Loss) Income 24     24    
Other Comprehensive Income (Loss), Net of Tax:            
Derivative Instruments 1       1  
Pension and Postretirement Benefit Plans 2       2  
Currency Translation Adjustment (10)       (10)  
Dividends Declared (33)     (33)    
Recognition of Stock-Based Compensation, Net $ 5   5      
Issuance of Shares for Stock-Based Awards (in shares)   173,539        
Ending balance (in shares) at Jun. 30, 2026 296,054,676 296,054,676        
Ending balance at Jun. 30, 2026 $ 3,237 $ 3 $ 1,994 $ 1,530 $ (291) $ 1
[1] Includes 185,042 shares repurchased but not yet settled as of June 30, 2025.