v3.26.1
Revision of prior period financial statements - Condensed Consolidated Balance Sheets (Details) - USD ($)
$ / shares in Units, $ in Millions
Jun. 30, 2026
Mar. 31, 2026
Dec. 31, 2025
Jun. 30, 2025
Jun. 23, 2025
Mar. 31, 2025
Dec. 31, 2024
Current Assets:              
Cash and cash equivalents $ 729   $ 1,922        
Accounts receivable, net 2,057   1,113        
Inventories, net 1,553   1,490        
Prepaid expenses and other current assets 245   88        
Total current assets 4,584   4,613        
Property, plant and equipment, net 8,454   7,936        
Goodwill 9,044   9,044        
Intangible assets, net 1,682   1,728        
Operating lease right-of-use assets, net 601   615        
Other noncurrent assets 238   273        
Total Assets 24,603   24,209        
Current Liabilities:              
Accounts payable 1,347   1,530        
Current portion of long-term debt 1,034   333        
Operating lease liabilities 132   136        
Other current liabilities 906   886        
Total current liabilities 4,154   2,885        
Long-term debt 4,235   4,936        
Deferred income tax liabilities 1,146   1,042        
Noncurrent operating lease liabilities 497   500        
Other noncurrent liabilities 1,713   1,725        
Total Liabilities 11,745   11,088        
Commitments and contingencies (see Note 18)          
Equity              
Common stock, par value of $0.01 per share, 680,250,615 shares authorized, 566,875,513 issued and 553,082,525 outstanding as of December 31, 2025 6   6        
Additional paid-in capital 12,590   12,569        
Retained earnings 997   930        
Treasury stock, 13,792,988 shares as of December 31, 2025 (194)   0        
Accumulated other comprehensive loss (533)   (380)        
Total equity attributable to the Company 12,866   13,125        
Noncontrolling interests (8)   (4)        
Total Equity 12,858 $ 12,966 13,121 $ 12,272   $ 9,607 $ 9,779
Total Liabilities and Equity $ 24,603   $ 24,209        
Common stock, par value (in dollars per share) $ 0.01   $ 0.01        
Common stock, authorized (in shares) 680,250,615   680,250,615        
Common stock, issued (in shares) 566,875,513   566,875,513        
Common stock, outstanding (in shares) 549,779,621   553,082,525   566,875,513    
Treasury stock (in shares) 17,095,892   13,792,988   13,793,444    
Nonrelated Party              
Current Assets:              
Accounts receivable, net $ 2,057   $ 1,113        
Current Liabilities:              
Current portion of long-term debt 1,034   333        
Long-term debt $ 4,235   4,936        
As previously reported              
Current Assets:              
Cash and cash equivalents     1,922        
Accounts receivable, net     1,120        
Inventories, net     1,551        
Prepaid expenses and other current assets     88        
Total current assets     4,681        
Property, plant and equipment, net     7,935        
Goodwill     9,020        
Intangible assets, net     1,728        
Operating lease right-of-use assets, net     608        
Other noncurrent assets     277        
Total Assets     24,249        
Current Liabilities:              
Accounts payable     1,538        
Operating lease liabilities     136        
Other current liabilities     850        
Total current liabilities     2,857        
Long-term debt     4,936        
Deferred income tax liabilities     1,048        
Noncurrent operating lease liabilities     500        
Other noncurrent liabilities     1,654        
Total Liabilities     10,995        
Commitments and contingencies (see Note 18)            
Equity              
Common stock, par value of $0.01 per share, 680,250,615 shares authorized, 566,875,513 issued and 553,082,525 outstanding as of December 31, 2025     6        
Additional paid-in capital     12,741        
Retained earnings     902        
Treasury stock, 13,792,988 shares as of December 31, 2025     0        
Accumulated other comprehensive loss     (391)        
Total equity attributable to the Company     13,258        
Noncontrolling interests     (4)        
Total Equity   13,088 13,254 12,433   9,750 9,914
Total Liabilities and Equity     24,249        
As previously reported | Nonrelated Party              
Current Liabilities:              
Current portion of long-term debt     333        
Adjustments              
Current Assets:              
Cash and cash equivalents     0        
Accounts receivable, net     (7)        
Inventories, net     (61)        
Prepaid expenses and other current assets     0        
Total current assets     (68)        
Property, plant and equipment, net     1        
Goodwill     24        
Intangible assets, net     0        
Operating lease right-of-use assets, net     7        
Other noncurrent assets     (4)        
Total Assets     (40)        
Current Liabilities:              
Accounts payable     (8)        
Operating lease liabilities     0        
Other current liabilities     36        
Total current liabilities     28        
Long-term debt     0        
Deferred income tax liabilities     (6)        
Noncurrent operating lease liabilities     0        
Other noncurrent liabilities     71        
Total Liabilities     93        
Commitments and contingencies (see Note 18)            
Equity              
Common stock, par value of $0.01 per share, 680,250,615 shares authorized, 566,875,513 issued and 553,082,525 outstanding as of December 31, 2025     0        
Additional paid-in capital     (172)        
Retained earnings     28        
Treasury stock, 13,792,988 shares as of December 31, 2025     0        
Accumulated other comprehensive loss     11        
Total equity attributable to the Company     (133)        
Noncontrolling interests     0        
Total Equity   $ (122) (133) $ (161)   $ (143) $ (135)
Total Liabilities and Equity     (40)        
Adjustments | Nonrelated Party              
Current Liabilities:              
Current portion of long-term debt     $ 0