v3.26.1
Condensed Consolidated Statements of Equity (Unaudited) - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Loss
Cash Flow Hedges
Foreign Currency Translation
Defined Benefit Plans
Balance at beginning of period (in shares) at Dec. 31, 2024   494,400,000            
Balance at beginning of period at Dec. 31, 2024 $ 6,096 $ 0 $ 8,817 $ (1,950) $ (771) $ 37 $ (866) $ 58
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 67     67        
Other comprehensive income (loss), net of tax 188       188 (29) 218 (1)
Stock-based compensation activity, net (in shares)   2,100,000            
Stock-based compensation activity, net 2   2          
Balance at end of period (in shares) at Mar. 31, 2025   496,500,000            
Balance at end of period at Mar. 31, 2025 6,353 $ 0 8,819 (1,883) (583) 8 (648) 57
Balance at beginning of period (in shares) at Dec. 31, 2024   494,400,000            
Balance at beginning of period at Dec. 31, 2024 6,096 $ 0 8,817 (1,950) (771) 37 (866) 58
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 78              
Other comprehensive income (loss), net of tax 579              
Balance at end of period (in shares) at Jun. 30, 2025   496,600,000            
Balance at end of period at Jun. 30, 2025 6,775 $ 0 8,839 (1,872) (192) (8) (245) 61
Balance at beginning of period (in shares) at Mar. 31, 2025   496,500,000            
Balance at beginning of period at Mar. 31, 2025 6,353 $ 0 8,819 (1,883) (583) 8 (648) 57
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 11     11        
Other comprehensive income (loss), net of tax 391       391 (16) 403 4
Stock-based compensation activity, net (in shares)   100,000            
Stock-based compensation activity, net 20   20          
Balance at end of period (in shares) at Jun. 30, 2025   496,600,000            
Balance at end of period at Jun. 30, 2025 $ 6,775 $ 0 8,839 (1,872) (192) (8) (245) 61
Balance at beginning of period (in shares) at Dec. 31, 2025 496,975,154 497,000,000.0            
Balance at beginning of period at Dec. 31, 2025 $ 6,547 $ 0 8,870 (2,182) (141) (12) (219) 90
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 57     57        
Other comprehensive income (loss), net of tax (92)       (92) 12 (99) (5)
Stock-based compensation activity, net (in shares)   2,400,000            
Stock-based compensation activity, net (12)   (12)          
Balance at end of period (in shares) at Mar. 31, 2026   499,400,000            
Balance at end of period at Mar. 31, 2026 $ 6,500 $ 0 8,858 (2,125) (233)   (318) 85
Balance at beginning of period (in shares) at Dec. 31, 2025 496,975,154 497,000,000.0            
Balance at beginning of period at Dec. 31, 2025 $ 6,547 $ 0 8,870 (2,182) (141) (12) (219) 90
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 111              
Other comprehensive income (loss), net of tax $ (78)              
Balance at end of period (in shares) at Jun. 30, 2026 499,549,698 499,500,000            
Balance at end of period at Jun. 30, 2026 $ 6,588 $ 0 8,878 (2,071) (219) 14 (316) 83
Balance at beginning of period (in shares) at Mar. 31, 2026   499,400,000            
Balance at beginning of period at Mar. 31, 2026 6,500 $ 0 8,858 (2,125) (233)   (318) 85
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 54     54        
Other comprehensive income (loss), net of tax 14       14 14 2 (2)
Stock-based compensation activity, net (in shares)   100,000            
Stock-based compensation activity, net $ 20   20          
Balance at end of period (in shares) at Jun. 30, 2026 499,549,698 499,500,000            
Balance at end of period at Jun. 30, 2026 $ 6,588 $ 0 $ 8,878 $ (2,071) $ (219) $ 14 $ (316) $ 83