v3.26.3
Condensed Consolidated Statements of Equity (Unaudited) - USD ($)
shares in Millions, $ in Millions
Total
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Loss [Member]
Treasury Stock [Member]
Noncontrolling Interests [Member]
Total equity Including Noncontrolling Interest [Member]
Redeemable Noncontrolling Interest [Member]
Balance at Dec. 31, 2024   $ 4 $ 4,028 $ 2,089 $ (341) $ (52) $ 686 $ 6,414 $ 13
Balance (in shares) at Dec. 31, 2024   379              
Balance (in shares) at Dec. 31, 2024           (1)      
Net Income $ 851     789     62 851  
Foreign currency translation adjustments 117       102   15 117  
Comprehensive income - including noncontrolling interests 968             968  
Cash dividends declared       (268)       (268)  
Distributions to noncontrolling interests             (69) (69)  
Repurchase and retirement of shares     (170) (560)   $ 42   (688)  
Repurchase and retirement of shares (shares)   (16)       1      
Exercise and vesting of share-based awards     (5)         (5)  
Exercise and vesting of share-based awards (in shares)   1              
Share-based compensation     32         32  
Acquisition of noncontrolling interest     2         2 (13)
Balance at Sep. 30, 2025   $ 4 3,887 2,050 (239) $ (10) 694 6,386 0
Balance (in shares) at Sep. 30, 2025   364              
Balance at Jun. 30, 2025   $ 4 3,952 2,110 (265) (12) 667 6,456 13
Balance (in shares) at Jun. 30, 2025   371              
Net Income 305     282     23 305  
Foreign currency translation adjustments 30       26   4 30  
Comprehensive income - including noncontrolling interests 335             335  
Cash dividends declared       (88)       (88)  
Repurchase and retirement of shares     (77) (254)   2   (329)  
Repurchase and retirement of shares (shares)   (7)              
Share-based compensation     10         10  
Acquisition of noncontrolling interest     2         2 (13)
Balance at Sep. 30, 2025   $ 4 3,887 2,050 (239) (10) 694 6,386 $ 0
Balance (in shares) at Sep. 30, 2025   364              
Balance at Dec. 31, 2025 6,099 $ 4 3,796 1,764 (157) $ (28) 720 6,099  
Balance (in shares) at Dec. 31, 2025   355              
Balance (in shares) at Dec. 31, 2025           (1)      
Net Income 930     864     66 930  
Foreign currency translation adjustments 204       179   25 204  
Comprehensive income - including noncontrolling interests 1,134             1,134  
Cash dividends declared       (302)       (302)  
Distributions to noncontrolling interests             (76) (76)  
Repurchase and retirement of shares     (180) (619)   $ 14   (785)  
Repurchase and retirement of shares (shares)   (17)              
Exercise and vesting of share-based awards     (6)         (6)  
Exercise and vesting of share-based awards (in shares)   1              
Share-based compensation     33         33  
Balance at Sep. 30, 2026 6,096 $ 3 3,643 1,707 22 (14) 735 6,096  
Balance (in shares) at Sep. 30, 2026   339              
Balance at Jun. 30, 2026   $ 3 3,696 1,696 (25) (13) 704 6,061  
Balance (in shares) at Jun. 30, 2026   345              
Net Income 335     311     24 335  
Foreign currency translation adjustments 54       47   7 54  
Comprehensive income - including noncontrolling interests 389             389  
Cash dividends declared       (99)       (99)  
Repurchase and retirement of shares     (63) (201)   (1)   (265)  
Repurchase and retirement of shares (shares)   (6)              
Share-based compensation     10         10  
Balance at Sep. 30, 2026 $ 6,096 $ 3 $ 3,643 $ 1,707 $ 22 $ (14) $ 735 $ 6,096  
Balance (in shares) at Sep. 30, 2026   339