v3.26.3
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Common stock
Treasury stock
APIC
Accumulated earnings
AOCI
NCI
Beginning balance at Dec. 31, 2024 $ 5,120 $ 1 $ (3,685) $ 4,228 $ 5,224 $ (691) $ 43
Common stock, beginning balance (in shares) at Dec. 31, 2024   85.4          
Treasury stock, beginning balance (in shares) at Dec. 31, 2024     50.1        
Increase Decrease In Stockholders Equity [Roll Forward]              
Issuance of common stock under share-based payment plans     $ 59 (42)      
Purchase of treasury stock     $ (585)        
Stock-based compensation expense       54      
Net Income (Loss) Attributable to Parent $ (224)       (224)    
Dividends [1]         (176)    
Currency translation adjustment           233 2
Pension and other postretirement adjustment (net of tax)           (7)  
Deferred gain (loss) on hedging transactions (net of tax)           (6)  
Net earnings (loss) attributable to noncontrolling interests             (1)
Dividends distributed to noncontrolling interests             (2)
Issuance of common stock under share-based payment plans (in shares)   0.8 (0.8)        
Purchase of treasury stock (in shares) 3.8 (4.0) 4.0        
Ending balance at Sep. 30, 2025 $ 4,438 $ 1 $ (4,211) 4,240 4,824 (455) 39
Common stock, ending balance (in shares) at Sep. 30, 2025 82.2            
Treasury stock, ending balance (in shares) at Sep. 30, 2025 53.3            
Increase Decrease In Stockholders Equity [Roll Forward]              
Purchases (reductions) of noncontrolling interest             (3)
Other Comprehensive Income (Loss), Currency Translation Gain (Loss) Arising During Period, Dispositions, Net of Tax           16  
Beginning balance at Jun. 30, 2025 $ 5,204 $ 1 $ (3,989) 4,225 5,376 (450) 41
Common stock, beginning balance (in shares) at Jun. 30, 2025   83.6          
Treasury stock, beginning balance (in shares) at Jun. 30, 2025     51.9        
Increase Decrease In Stockholders Equity [Roll Forward]              
Issuance of common stock under share-based payment plans     $ 1 0      
Purchase of treasury stock     $ (223)        
Stock-based compensation expense       15      
Net Income (Loss) Attributable to Parent (494)       (494)    
Dividends [1]         (58)    
Currency translation adjustment           (21) (1)
Pension and other postretirement adjustment (net of tax)           1  
Deferred gain (loss) on hedging transactions (net of tax)           (1)  
Net earnings (loss) attributable to noncontrolling interests             0
Dividends distributed to noncontrolling interests             (1)
Issuance of common stock under share-based payment plans (in shares)   0.1 (0.1)        
Purchase of treasury stock (in shares)   (1.5) 1.5        
Ending balance at Sep. 30, 2025 $ 4,438 $ 1 $ (4,211) 4,240 4,824 (455) 39
Common stock, ending balance (in shares) at Sep. 30, 2025 82.2            
Treasury stock, ending balance (in shares) at Sep. 30, 2025 53.3            
Increase Decrease In Stockholders Equity [Roll Forward]              
Purchases (reductions) of noncontrolling interest             0
Other Comprehensive Income (Loss), Currency Translation Gain (Loss) Arising During Period, Dispositions, Net of Tax           16  
Beginning balance at Dec. 31, 2025 $ 3,893 $ 1 $ (4,430) 4,256 4,463 (437) 40
Common stock, beginning balance (in shares) at Dec. 31, 2025   80.2          
Treasury stock, beginning balance (in shares) at Dec. 31, 2025     55.3        
Increase Decrease In Stockholders Equity [Roll Forward]              
Issuance of common stock under share-based payment plans     $ 58 (39)      
Purchase of treasury stock     $ (502)        
Stock-based compensation expense       49      
Net Income (Loss) Attributable to Parent (129)       (129)    
Dividends [1]         (190)    
Currency translation adjustment           (83) (2)
Pension and other postretirement adjustment (net of tax)           0  
Deferred gain (loss) on hedging transactions (net of tax)           (1)  
Net earnings (loss) attributable to noncontrolling interests             2
Dividends distributed to noncontrolling interests             (2)
Issuance of common stock under share-based payment plans (in shares)   0.7 (0.7)        
Purchase of treasury stock (in shares)   (3.8) 3.8        
Ending balance at Sep. 30, 2026 $ 3,201 $ 1 $ (4,874) 4,266 4,144 (374) 38
Common stock, ending balance (in shares) at Sep. 30, 2026 77.1            
Treasury stock, ending balance (in shares) at Sep. 30, 2026 58.4            
Increase Decrease In Stockholders Equity [Roll Forward]              
Purchases (reductions) of noncontrolling interest             0
Other Comprehensive Income (Loss), Currency Translation Gain (Loss) Arising During Period, Dispositions, Net of Tax           147  
Beginning balance at Jun. 30, 2026 $ 3,811 $ 1 $ (4,598) 4,253 4,456 (340) 39
Common stock, beginning balance (in shares) at Jun. 30, 2026   79.0          
Treasury stock, beginning balance (in shares) at Jun. 30, 2026     56.5        
Increase Decrease In Stockholders Equity [Roll Forward]              
Issuance of common stock under share-based payment plans     $ 2 (1)      
Purchase of treasury stock     $ (278)        
Stock-based compensation expense       14      
Net Income (Loss) Attributable to Parent (250)       (250)    
Dividends [1]         (62)    
Currency translation adjustment           (33) 0
Pension and other postretirement adjustment (net of tax)           (1)  
Deferred gain (loss) on hedging transactions (net of tax)           0  
Net earnings (loss) attributable to noncontrolling interests             0
Dividends distributed to noncontrolling interests             (1)
Issuance of common stock under share-based payment plans (in shares)   0.0 0.0        
Purchase of treasury stock (in shares)   (1.9) 1.9        
Ending balance at Sep. 30, 2026 $ 3,201 $ 1 $ (4,874) $ 4,266 $ 4,144 (374) 38
Common stock, ending balance (in shares) at Sep. 30, 2026 77.1            
Treasury stock, ending balance (in shares) at Sep. 30, 2026 58.4            
Increase Decrease In Stockholders Equity [Roll Forward]              
Purchases (reductions) of noncontrolling interest             $ 0
Other Comprehensive Income (Loss), Currency Translation Gain (Loss) Arising During Period, Dispositions, Net of Tax           $ 0  
[1] Dividend declarations of $0.79 and $0.69 per share as of the three months ended September 30, 2026 and 2025, respectively. Dividend declarations of $2.37 and $2.07 per share as of the nine months ended September 30, 2026 and 2025, respectively.