v3.26.3
Condensed Consolidated Statements of Equity - USD ($)
$ in Millions
Total
Mandatory convertible preferred stock
Mandatory convertible preferred stock
Common stock
Additional paid-in capital
Treasury stock
Retained earnings
Accumulated other comprehensive loss
Non- controlling interests
Beginning balance at Dec. 31, 2024 $ (3,914) $ 6 $ 5,061 $ 18,964 $ (32,386) $ 15,362 $ (10,915) $ (6)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net (loss)/earnings (5,982)         (5,985)   3
Other comprehensive income, net of tax 371           371  
Share-based compensation 343     343        
Treasury shares issued for other share-based plans, net 17     (506) 523      
Treasury shares issued for 401(k) contributions 1,173     419 754      
Subsidiary shares purchased from noncontrolling interests (2)     (2)        
Cash dividends declared on Mandatory convertible preferred stock (259)         (259)    
Ending balance at Sep. 30, 2025 (8,253) 6 5,061 19,218 (31,109) 9,118 (10,544) (3)
Beginning balance at Jun. 30, 2025 (3,296) 6 5,061 19,238 (31,603) 14,542 (10,539) (1)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net (loss)/earnings (5,339)         (5,337)   (2)
Other comprehensive income, net of tax (5)           (5)  
Share-based compensation 89     89        
Treasury shares issued for other share-based plans, net 7     (278) 285      
Treasury shares issued for 401(k) contributions 380     171 209      
Subsidiary shares purchased from noncontrolling interests (2)     (2)        
Cash dividends declared on Mandatory convertible preferred stock (87)         (87)    
Ending balance at Sep. 30, 2025 (8,253) 6 5,061 19,218 (31,109) 9,118 (10,544) (3)
Beginning balance at Dec. 31, 2025 5,457 6 5,061 21,441 (28,029) 17,252 (10,277) 3
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net (loss)/earnings (551)         (564)   13
Other comprehensive income, net of tax 265           265  
Share-based compensation 361     361        
Treasury shares issued for other share-based plans, net 15     (143) 158      
Treasury shares issued for 401(k) contributions 1,275     563 712      
Cash dividends declared on Mandatory convertible preferred stock (259)         (259)    
Other changes in noncontrolling interests (1)             (1)
Ending balance at Sep. 30, 2026 6,562 6 5,061 22,222 (27,159) 16,429 (10,012) 15
Beginning balance at Jun. 30, 2026 6,115 6 5,061 21,949 (27,416) 16,632 (10,132) 15
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net (loss)/earnings (116)         (116)  
Other comprehensive income, net of tax 120           120  
Share-based compensation 97     97        
Treasury shares issued for other share-based plans, net 13     (2) 15      
Treasury shares issued for 401(k) contributions 420     178 242      
Cash dividends declared on Mandatory convertible preferred stock (87)         (87)    
Ending balance at Sep. 30, 2026 $ 6,562 $ 6 $ 5,061 $ 22,222 $ (27,159) $ 16,429 $ (10,012) $ 15