v3.26.3
STOCKHOLDERS' EQUITY
9 Months Ended
Sep. 30, 2026
Stockholders' Equity Note [Abstract]  
STOCKHOLDERS' EQUITY STOCKHOLDERS' EQUITY
The changes of the Stockholders’ Equity items during the three and nine months ended September 30, 2026 and 2025, are as follows:
(in millions)Issued common stockAdditional paid-in-capitalTreasury stockRetained earnings
Accumulated other comprehensive loss
Total equity
Balance, June 30, 2026$1 $1,979 $(522)$187 (104)$1,541 
Dividends declared ($0.30 per share)
— — — (11)— (11)
Stock-based compensation expense— 5 — — — 5 
Purchase of treasury stock— — (65)— — (65)
Excise tax on purchase of treasury stock— — (1)— — (1)
Net issuance of executive stock plan— (4)2 — — (2)
Net earnings— — — 67 — 67 
Other comprehensive loss— — — — (9)(9)
Balance, September 30, 2026$1 $1,980 $(586)$243 $(113)$1,525 
(in millions)Issued common stockAdditional paid-in-capitalTreasury stockRetained earningsAccumulated other comprehensive lossTotal equity
Balance, June 30, 2025$1 $1,974 $(367)$95 $(76)$1,627 
Dividends declared ($0.27 per share)
— — — (11)— (11)
Stock-based compensation expense— 5 — — — 5 
Purchase of treasury stock— — (30)— — (30)
Excise tax on purchase of treasury stock— — (1)— — (1)
Net issuance of executive stock plan— (4)1 — — (3)
Net earnings— — — 13 — 13 
Other comprehensive loss— — — — (14)(14)
Balance, September 30, 2025$1 $1,975 $(397)$97 $(90)$1,586 
(in millions)Issued common stockAdditional paid-in-capitalTreasury stockRetained earnings
Accumulated other comprehensive loss
Total equity
Balance, December 31, 2025$1 $1,978 $(426)$132 $(98)$1,587 
Dividends declared ($0.90 per share)
— — — (33)— (33)
Stock-based compensation expense— 17 — — — 17 
Purchase of treasury stock— — (163)— — (163)
Excise tax on purchase of treasury stock— — (2)— — (2)
Net issuance of executive stock plan— (15)5 — — (10)
Net earnings— — — 144 — 144 
Other comprehensive loss— — — — (15)(15)
Balance, September 30, 2026$1 $1,980 $(586)$243 $(113)$1,525 
(in millions)Issued common stockAdditional paid-in-capitalTreasury stockRetained earningsAccumulated other comprehensive (loss) incomeTotal equity
Balance, December 31, 2024$1 $1,976 $(230)$44 $(217)$1,574 
Dividends declared ($0.54 per share)
— — — (32)— (32)
Stock-based compensation expense— 13 — — — 13 
Purchase of treasury stock— — (170)— — (170)
Excise tax on purchase of treasury stock— — (2)— — (2)
Net issuance of executive stock plan— (14)5 — — (9)
Net earnings— — — 85 — 85 
Other comprehensive income— — — — 127 127 
Balance, September 30, 2025$1 $1,975 $(397)$97 $(90)$1,586