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CONDENSED CONSOLIDATED STATEMENT OF OPERATINGS AND COMPREHENSIVE (LOSS) INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Income Statement [Abstract]        
Net sales $ 2,197 $ 1,387 $ 6,169 $ 4,103
Cost of goods sold (1,762) (1,088) (5,083) (3,248)
Gross profit 435 299 1,086 855
Selling, general and administrative expenses (199) (142) (650) (465)
Amortization of purchased intangibles (53) (17) (148) (52)
Operating profit 183 140 288 338
Other income (expense)        
Interest income 5 3 14 7
Interest expense (49) (45) (147) (132)
Other (expense) income – net  (4) (4) (8) (4)
Income before income taxes 135 94 147 209
Provision for income taxes (21) (29) (16) (51)
Income from continuing operations 114 65 131 158
Income from discontinued operations – net of tax 0 0 4 0
Net income $ 114 $ 65 $ 135 $ 158
Basic earnings per share        
(Loss)income from continuing operations (in dollars per share) $ 1.01 $ 0.99 $ 1.22 $ 2.40
Income from discontinued operations – net of tax 0 0 0.04 0
Net (loss) Income (in dollars per share) 1.01 0.99 1.26 2.40
Diluted earnings per share:        
(Loss) income from continuing operations (in dollars per share) 1.00 0.98 1.21 2.38
Income from discontinued operations – net of tax 0 0 0.04 0
Net (loss) income (in dollars per share) $ 1.00 $ 0.98 $ 1.25 $ 2.38
Weighted average number of shares outstanding in per share calculation        
Basic (in shares) 113.3 65.6 107.5 65.9
Diluted (in shares) 114.0 66.2 108.3 66.4
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]        
Net income $ 114 $ 65 $ 135 $ 158
Other comprehensive income (loss) 1 (8) (11) 98
Comprehensive income $ 115 $ 57 $ 124 $ 256