v3.26.3
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Common Stock
Additional Paid-In Capital
Retained Earnings
Accumulated Other Compre- hensive Loss
Treasury Stock, at Cost
Non- controlling Interests
Balance, shares at Dec. 31, 2024   111.0          
Balance at Dec. 31, 2024 $ 6,813 $ 2 $ 2,361 $ 9,360 $ (88) $ (4,857) $ 35
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 784     747     37
Other comprehensive income (loss), net of taxes 48       48    
Dividends declared (270)     (270)      
Distributions to noncontrolling interest partners (35)           (35)
Issuance of common stock under benefit plans (in shares)   1.0          
Issuance of common stock under benefit plans 21   (52)     73  
Stock-based compensation expense 63   63        
Exercise of stock options 65   3     62  
Shares to cover employee payroll tax withholdings on stock issued under stock-based compensation plans (44)   (20)     $ (24)  
Purchases of treasury stock (in shares)   (1.0)       (0.9)  
Purchases of treasury stock (150)         $ (150)  
Balance, shares at Sep. 30, 2025   111.0          
Balance at Sep. 30, 2025 7,295 $ 2 2,355 9,837 (40) (4,896) 37
Balance, shares at Jun. 30, 2025   112.0          
Balance at Jun. 30, 2025 7,265 $ 2 2,332 9,682 (16) (4,772) 37
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 257     245     12
Other comprehensive income (loss), net of taxes (24)       (24)    
Dividends declared (90)     (90)      
Distributions to noncontrolling interest partners (12)           (12)
Issuance of common stock under benefit plans 8   2     6  
Stock-based compensation expense 20   20        
Exercise of stock options 23   2     21  
Shares to cover employee payroll tax withholdings on stock issued under stock-based compensation plans (2)   (1)     (1)  
Purchases of treasury stock (in shares)   (1.0)          
Purchases of treasury stock (150)         (150)  
Balance, shares at Sep. 30, 2025   111.0          
Balance at Sep. 30, 2025 7,295 $ 2 2,355 9,837 (40) (4,896) 37
Balance, shares at Dec. 31, 2025   110.0          
Balance at Dec. 31, 2025 7,206 $ 2 2,381 9,994 (27) (5,180) 36
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 919     884     35
Other comprehensive income (loss), net of taxes (39)       (39)    
Dividends declared (285)     (285)      
Distributions to noncontrolling interest partners (31)           (31)
Issuance of common stock under benefit plans 22   (38)     60  
Stock-based compensation expense 63   63        
Exercise of stock options (in shares)   1.0          
Exercise of stock options 107   12     95  
Shares to cover employee payroll tax withholdings on stock issued under stock-based compensation plans (40)   (21)     $ (19)  
Purchases of treasury stock (in shares)   (1.0)       (1.2)  
Purchases of treasury stock (250)         $ (250)  
Contributions from noncontrolling interest partners 278           278
Balance, shares at Sep. 30, 2026   110.0          
Balance at Sep. 30, 2026 7,950 $ 2 2,397 10,593 (66) (5,294) 318
Balance, shares at Jun. 30, 2026   110.0          
Balance at Jun. 30, 2026 7,819 $ 2 2,374 10,374 (62) (5,172) 303
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 323     312     11
Other comprehensive income (loss), net of taxes (4)       (4)    
Dividends declared (93)     (93)      
Distributions to noncontrolling interest partners (11)           (11)
Issuance of common stock under benefit plans 8   1     7  
Stock-based compensation expense 20   20        
Exercise of stock options 25   3     22  
Shares to cover employee payroll tax withholdings on stock issued under stock-based compensation plans (2)   (1)     (1)  
Purchases of treasury stock (150)         (150)  
Contributions from noncontrolling interest partners 15           15
Balance, shares at Sep. 30, 2026   110.0          
Balance at Sep. 30, 2026 $ 7,950 $ 2 $ 2,397 $ 10,593 $ (66) $ (5,294) $ 318