v3.25.4
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Common Shares
Treasury Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interests
Redeemable Noncontrolling Interest
Beginning balance at Dec. 31, 2022 $ 6,927 $ 25 $ (230) $ 1,504 $ 7,906 [1] $ (2,278) $ 0  
Stockholders' Equity                
Net income (loss), excluding redeemable noncontrolling interests 2,271       2,275 [1]   (4)  
Other comprehensive income (loss), net of tax (81)         (84) 3  
Dividends paid [1] (527)       (527)      
Acquisition of treasury stock (652)   (652)          
Common shares issued from treasury stock for share-based compensation 0   20 (20)        
Share-based compensation expense 99     99        
Other changes 59   (3) (5) 0 [1]   67 $ 0
Ending balance at Dec. 31, 2023 8,096 25 (865) 1,578 9,654 [1] (2,362) 66  
Beginning balance, redeemable noncontrolling interest at Dec. 31, 2022               49
Redeemable Noncontrolling Interest                
Net income (loss), redeemable noncontrolling interests               16
Dividends paid, redeemable noncontrolling interests [1]               (11)
Ending balance, redeemable noncontrolling interest at Dec. 31, 2023               54
Stockholders' Equity                
Net income (loss), excluding redeemable noncontrolling interests 1,242       1,246 [1]   (4)  
Other comprehensive income (loss), net of tax (351)         (350) (1)  
Dividends paid [1] (591)       (591)      
Acquisition of treasury stock (702)   (702)          
Common shares issued from treasury stock for share-based compensation 0   190 (190)        
Share-based compensation expense 19     19        
Other changes 0   (9) 8     1  
Ending balance at Dec. 31, 2024 7,713 25 (1,386) 1,415 10,309 [1] (2,712) 62  
Redeemable Noncontrolling Interest                
Net income (loss), redeemable noncontrolling interests               17
Dividends paid, redeemable noncontrolling interests [1]               (16)
Ending balance, redeemable noncontrolling interest at Dec. 31, 2024 55             55
Stockholders' Equity                
Net income (loss), excluding redeemable noncontrolling interests 487 [1]       510 [1]   (23)  
Other comprehensive income (loss), net of tax (50)         (55) 5  
Dividends paid [1] (313)       (313)      
Acquisition of treasury stock (100)   (100)          
Common shares issued from treasury stock for share-based compensation 0   51 (51)        
Share-based compensation expense 25     25        
Other changes 10   13 (1)     (2)  
Ending balance at Dec. 31, 2025 7,772 $ 25 $ (1,422) $ 1,388 $ 10,506 [1] $ (2,767) $ 42  
Redeemable Noncontrolling Interest                
Net income (loss), redeemable noncontrolling interests               18
Dividends paid, redeemable noncontrolling interests [1]               (20)
Ending balance, redeemable noncontrolling interest at Dec. 31, 2025 $ 53             $ 53
[1] Dividends per share of common stock of $0.250, $0.470, and $0.396 were declared in the years ended December 31, 2025, 2024 and 2023, respectively.