v3.24.2
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (Unaudited) - USD ($)
shares in Millions, $ in Millions
Total
Common stock
Capital in excess of par value
Treasury shares at cost
AOCI Attributable to Parent [Member]
Accumu- lated deficit
Total stock- holders’ equity
Non- con- trolling interests
Shares, Issued, Beginning Balance at Dec. 31, 2022   259,463            
Beginning balance at Dec. 31, 2022 $ 7,740 $ 56 $ 14,091 $ (2,799) $ 76 $ (3,975) $ 7,449 $ 291
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 623         615 615 8
Other comprehensive income (loss) 22       22   22  
Share-based compensation plans 101   101       101  
Shares issued pursuant to stock awards (in shares)   309            
Shares issued pursuant to stock awards 33     61   (28) 33  
Treasury share repurchase and retired (in shares)   (37)            
Treasury shares repurchased and retired $ (7)     (7)     (7)  
Dividends common stock (in dollars per share) $ 1.014              
Dividends common stock $ (264)         (264) (264)  
Balance (in shares) at Apr. 02, 2023   259,735            
Ending balance at Apr. 02, 2023 8,248 $ 56 14,192 (2,745) 98 (3,652) 7,949 299
Shares, Issued, Beginning Balance at Dec. 31, 2022   259,463            
Beginning balance at Dec. 31, 2022 7,740 $ 56 14,091 (2,799) 76 (3,975) 7,449 291
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 1,327              
Other comprehensive income (loss) 11              
Balance (in shares) at Jul. 02, 2023   258,125            
Ending balance at Jul. 02, 2023 8,477 $ 56 14,291 (3,034) 87 (3,228) 8,172 305
Shares, Issued, Beginning Balance at Apr. 02, 2023   259,735            
Beginning balance at Apr. 02, 2023 8,248 $ 56 14,192 (2,745) 98 (3,652) 7,949 299
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 704         698 698 6
Other comprehensive income (loss) (11)       (11)   (11)  
Share-based compensation plans 99   99       99  
Shares issued pursuant to stock awards (in shares)   71            
Shares issued pursuant to stock awards 1     13   (12) 1  
Treasury share repurchase and retired (in shares)   (1,681)            
Treasury shares repurchased and retired $ (302)     (302)     (302)  
Dividends common stock (in dollars per share) $ 1.014              
Dividends common stock $ (262)         (262) (262)  
Balance (in shares) at Jul. 02, 2023   258,125            
Ending balance at Jul. 02, 2023 8,477 $ 56 14,291 (3,034) 87 (3,228) 8,172 305
Shares, Issued, Beginning Balance at Dec. 31, 2023   257,190            
Beginning balance at Dec. 31, 2023 8,960 $ 56 14,501 (3,210) 90 (2,793) 8,644 316
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 644         639 639 5
Other comprehensive income (loss) (46)       (46)   (46)  
Share-based compensation plans 118   118       118  
Shares issued pursuant to stock awards (in shares)   228            
Shares issued pursuant to stock awards 37     44   (7) 37  
Treasury share repurchase and retired (in shares)   (1,323)            
Treasury shares repurchased and retired $ (303)     (303)     (303)  
Dividends common stock (in dollars per share) $ 1.014              
Dividends common stock $ (260)         (260) (260)  
Balance (in shares) at Mar. 31, 2024   256,095            
Ending balance at Mar. 31, 2024 9,150 $ 56 14,619 (3,469) 44 (2,421) 8,829 321
Shares, Issued, Beginning Balance at Dec. 31, 2023   257,190            
Beginning balance at Dec. 31, 2023 8,960 $ 56 14,501 (3,210) 90 (2,793) 8,644 316
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 1,308              
Other comprehensive income (loss) (60)              
Balance (in shares) at Jun. 30, 2024   254,976            
Ending balance at Jun. 30, 2024 9,345 $ 56 14,730 (3,762) 30 (2,036) 9,018 327
Shares, Issued, Beginning Balance at Mar. 31, 2024   256,095            
Beginning balance at Mar. 31, 2024 9,150 $ 56 14,619 (3,469) 44 (2,421) 8,829 321
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 664         658 658 6
Other comprehensive income (loss) (14)       (14)   (14)  
Share-based compensation plans 111   111       111  
Shares issued pursuant to stock awards (in shares)   89            
Shares issued pursuant to stock awards 3     17   (14) 3  
Treasury share repurchase and retired (in shares)   (1,208)            
Treasury shares repurchased and retired $ (310)     (310)     (310)  
Dividends common stock (in dollars per share) $ 1.014              
Dividends common stock $ (259)         (259) (259)  
Balance (in shares) at Jun. 30, 2024   254,976            
Ending balance at Jun. 30, 2024 $ 9,345 $ 56 $ 14,730 $ (3,762) $ 30 $ (2,036) $ 9,018 $ 327