v3.26.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Revenue $ 1,368 $ 1,241 $ 2,739 $ 2,434
Cost of sales 570 528 1,156 1,037
Gross profit 798 713 1,583 1,397
Research and development 92 92 189 186
Marketing, selling and administrative 449 400 830 741
Amortization of intangible assets 139 136 277 264
Asset impairment, restructuring and other special charges 9 1 25 10
Interest expense, net of capitalized interest 59 48 116 88
Other (income) expense, net (6) 11 3 23
Income before income taxes 56 25 143 85
Income tax expense 2 14 32 7
Net income $ 54 $ 11 $ 111 $ 78
Earnings per share:        
Basic (usd per share) $ 0.11 $ 0.02 $ 0.22 $ 0.16
Diluted (usd per share) $ 0.11 $ 0.02 $ 0.22 $ 0.16
Weighted-average shares outstanding:        
Basic (in shares) 499.5 496.6 498.6 495.9
Diluted (in shares) 505.9 500.1 505.9 499.6