v3.26.1
Condensed Consolidated Statements of Equity (Unaudited) - USD ($)
$ in Millions
Total
Common stock
Treasury stock
Additional paid-in
Retained
Net parent
Accumulated other comprehensive
Equity attributable to noncontrolling
Shares, beginning balance (in shares) at Dec. 31, 2024   0            
Beginning balance at Dec. 31, 2024 $ 9,779 $ 0 $ 0 $ 0 $ 0 $ 10,375 $ (595) $ (1)
Treasury stock, beginning balance (in shares) at Dec. 31, 2024     0          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) (94)         (94)    
Other comprehensive income (loss), net of tax 23           23  
Changes in equity attributable to noncontrolling interests 0         (1)   1
Treasury stock, ending balance (in shares) at Mar. 31, 2025     0          
Shares, ending balance (in shares) at Mar. 31, 2025   0            
Ending balance at Mar. 31, 2025 9,607 $ 0 $ 0 0 0 10,179 (572) 0
Shares, beginning balance (in shares) at Dec. 31, 2024   0            
Beginning balance at Dec. 31, 2024 9,779 $ 0 $ 0 0 0 10,375 (595) (1)
Treasury stock, beginning balance (in shares) at Dec. 31, 2024     0          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 322       59 264   (1)
Other comprehensive income (loss), net of tax 243           243  
Changes in equity attributable to noncontrolling interests 0         (1)   1
Net transfers from Holcim including Spin-Off related adjustments 1,928         1,926 2  
Issuance of Common stock, Treasury stock and reclassification of Net parent investment (in shares)   567,000,000 (14,000,000)          
Issuance of Common stock, Treasury stock and reclassification of Net parent investment 0 $ 6   12,558   (12,564)    
Treasury stock, ending balance (in shares) at Jun. 30, 2025     (14,000,000)          
Shares, ending balance (in shares) at Jun. 30, 2025   567,000,000            
Ending balance at Jun. 30, 2025 12,272 $ 6 $ 0 12,558 59 0 (350) (1)
Shares, beginning balance (in shares) at Dec. 31, 2024   0            
Beginning balance at Dec. 31, 2024 9,779 $ 0 $ 0 0 0 10,375 (595) (1)
Treasury stock, beginning balance (in shares) at Dec. 31, 2024     0          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 1,191       930 264   (3)
Other comprehensive income (loss), net of tax 213           213  
Changes in equity attributable to noncontrolling interests (1)         (1)    
Issuance of Common stock, Treasury stock and reclassification of Net parent investment $ 0 $ 6   12,558   (12,564)    
Treasury stock, ending balance (in shares) at Dec. 31, 2025 (13,792,988)   (14,000,000)          
Shares, ending balance (in shares) at Dec. 31, 2025 553,082,525 567,000,000            
Ending balance at Dec. 31, 2025 $ 13,121 $ 6 $ 0 12,569 930 0 (380) (4)
Shares, beginning balance (in shares) at Mar. 31, 2025   0            
Beginning balance at Mar. 31, 2025 9,607 $ 0 $ 0 0 0 10,179 (572) 0
Treasury stock, beginning balance (in shares) at Mar. 31, 2025     0          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 416       59 358   (1)
Other comprehensive income (loss), net of tax 220           220  
Changes in equity attributable to noncontrolling interests 0              
Net transfers from Holcim including Spin-Off related adjustments 2,029         2,027 2  
Issuance of Common stock, Treasury stock and reclassification of Net parent investment (in shares)   567,000,000 (14,000,000)          
Issuance of Common stock, Treasury stock and reclassification of Net parent investment 0 $ 6   12,558   (12,564)    
Treasury stock, ending balance (in shares) at Jun. 30, 2025     (14,000,000)          
Shares, ending balance (in shares) at Jun. 30, 2025   567,000,000            
Ending balance at Jun. 30, 2025 $ 12,272 $ 6 $ 0 12,558 59 0 (350) (1)
Shares, beginning balance (in shares) at Dec. 31, 2025 553,082,525 567,000,000            
Beginning balance at Dec. 31, 2025 $ 13,121 $ 6 $ 0 12,569 930 0 (380) (4)
Treasury stock, beginning balance (in shares) at Dec. 31, 2025 (13,792,988)   (14,000,000)          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) $ (107)       (105)     (2)
Other comprehensive income (loss), net of tax (53)           (53)  
Shares withheld for employees’ income tax obligations and other (4)     (3) (1)      
Treasury stock, ending balance (in shares) at Mar. 31, 2026     (13,000,000)          
Shares, ending balance (in shares) at Mar. 31, 2026   567,000,000            
Ending balance at Mar. 31, 2026 $ 12,966 $ 6 $ 0 12,575 824 0 (433) (6)
Shares, beginning balance (in shares) at Dec. 31, 2025 553,082,525 567,000,000            
Beginning balance at Dec. 31, 2025 $ 13,121 $ 6 $ 0 12,569 930 0 (380) (4)
Treasury stock, beginning balance (in shares) at Dec. 31, 2025 (13,792,988)   (14,000,000)          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) $ 369       373     (4)
Other comprehensive income (loss), net of tax (153)           (153)  
Repurchases of common stock (in shares)     (4,000,000)          
Repurchases of common stock (194)   $ (194)          
Dividends (305)       (305)      
Share-based compensation expense (in shares)     1,000,000          
Share-based compensation expense 20     20        
Shares withheld for employees’ income tax obligations and other (5)     (4) (1)      
Shares issued under employee share plans $ 5     5        
Treasury stock, ending balance (in shares) at Jun. 30, 2026 (17,095,892)   (17,000,000)          
Shares, ending balance (in shares) at Jun. 30, 2026 549,779,621 567,000,000            
Ending balance at Jun. 30, 2026 $ 12,858 $ 6 $ (194) 12,590 997 0 (533) (8)
Shares, beginning balance (in shares) at Mar. 31, 2026   567,000,000            
Beginning balance at Mar. 31, 2026 12,966 $ 6 $ 0 12,575 824 0 (433) (6)
Treasury stock, beginning balance (in shares) at Mar. 31, 2026     (13,000,000)          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 476       478     (2)
Other comprehensive income (loss), net of tax (100)           (100)  
Repurchases of common stock (in shares)     (4,000,000)          
Repurchases of common stock (194)   $ (194)          
Dividends (305)       (305)      
Share-based compensation expense 11     11        
Shares withheld for employees’ income tax obligations and other (1)     (1)        
Shares issued under employee share plans $ 5     5        
Treasury stock, ending balance (in shares) at Jun. 30, 2026 (17,095,892)   (17,000,000)          
Shares, ending balance (in shares) at Jun. 30, 2026 549,779,621 567,000,000            
Ending balance at Jun. 30, 2026 $ 12,858 $ 6 $ (194) $ 12,590 $ 997 $ 0 $ (533) $ (8)