v3.26.3
Condensed Consolidated Statements of Shareholders’ Equity (Unaudited) - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Treasury Stock
Beginning balance at Dec. 31, 2024 $ 3,191 $ 1 $ 1,734 $ (81) $ 2,296 $ (759)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Common stock repurchased (70)         (70)
Treasury stock issued 3         3
Share-based compensation expense, net of forfeitures 28   28      
Withholding tax on share-based compensation (12)   (12)      
Other comprehensive income 34     34    
Cash dividends [1] (375)       (375)  
Net income 579       579  
Ending balance at Sep. 30, 2025 3,378 1 1,750 (47) 2,500 (826)
Beginning balance at Jun. 30, 2025 3,326 1 1,745 (51) 2,425 (794)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Common stock repurchased (33)         (33)
Treasury stock issued 1         1
Share-based compensation expense, net of forfeitures 7   7      
Withholding tax on share-based compensation (2)   (2)      
Other comprehensive income 4     4    
Cash dividends [2] (124)       (124)  
Net income 199       199  
Ending balance at Sep. 30, 2025 3,378 1 1,750 (47) 2,500 (826)
Beginning balance at Dec. 31, 2025 3,401 1 1,757 (41) 2,579 (895)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Common stock repurchased (173)         (173)
Treasury stock issued 3         3
Share-based compensation expense, net of forfeitures 30   30      
Withholding tax on share-based compensation (19)   (19)      
Other comprehensive income (45)     (45)    
Cash dividends [1] (369)       (369)  
Net income 563       563  
Ending balance at Sep. 30, 2026 3,391 1 1,768 (86) 2,773 (1,065)
Beginning balance at Jun. 30, 2026 3,383 1 1,758 (54) 2,710 (1,032)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Common stock repurchased (34)         (34)
Treasury stock issued 1         1
Share-based compensation expense, net of forfeitures 10   10      
Other comprehensive income (32)     (32)    
Cash dividends [2] (122)       (122)  
Net income 185       185  
Ending balance at Sep. 30, 2026 $ 3,391 $ 1 $ 1,768 $ (86) $ 2,773 $ (1,065)
[1]
* Cash dividends declared were $3.15 per share and $3.12 per share during the nine months ended September 30, 2026 and 2025, respectively.
[2]
* Cash dividends declared were $1.05 per share and $1.04 per share during the three months ended September 30, 2026 and 2025, respectively.