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CONSOLIDATED STATEMENT OF SHAREHOLDERS EQUITY - USD ($)
$ in Millions
Total
Common stock
Capital in excess of par value
Retained earnings (accumulated deficit)
Accumulated other comprehensive (loss) income
Treasury stock
Non-controlling interest
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Treasury stock, shares           21,588,147  
Beginning balance , common stock (in shares) at Dec. 31, 2020   (128,526,137)          
Beginning balance at Dec. 31, 2020 $ 6,322 $ 16 $ 3,853 $ 4,156 $ (698) $ (1,017) $ 12
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net (loss) income 273     270     3
Cumulative translation adjustment (848)       (848)    
Gains (losses) on derivatives qualifying as hedges, net of tax 8       8    
Pension liability and postretirement adjustment; net of tax 115       115    
Cash dividends declared (785)     (785)      
Stock options/SSARs (in shares)           159,222  
Stock options/SSARs 11   4     $ 7  
Impact of N&B Merger (in shares)   141,740,461          
Purchase of NCI 15,976 $ 18 15,936       22
Conversion of tangible equity units (in shares)   5,460,031          
Conversion of tangible equity units 0 $ 1 (1)        
Vested restricted stock units and awards (5)   (18)     $ 13  
Vested restricted stock units and awards (in shares)           276,280  
Stock-based compensation 54   54        
Redeemable NCI (2)   (2)        
Dividends on non-controlling interest and other (2)           (2)
Ending balance (in shares) at Dec. 31, 2021   (275,726,629)          
Ending balance at Dec. 31, 2021 21,117 $ 35 19,826 3,641 (1,423) $ (997) 35
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Treasury stock, shares           21,152,645  
Net (loss) income (1,868)     (1,871)     3
Cumulative translation adjustment (933)       (933)    
Gains (losses) on derivatives qualifying as hedges, net of tax 0            
Pension liability and postretirement adjustment; net of tax 158       158    
Cash dividends declared (815)     (815)      
Stock options/SSARs (in shares)           85,728  
Stock options/SSARs 15   11     $ 4  
Vested restricted stock units and awards (26)   (41)     $ 15  
Vested restricted stock units and awards (in shares)           308,751  
Stock-based compensation 49   49        
Purchase of NCI (5)   1       (6)
Redeemable NCI (5)   (5)        
Dividends on non-controlling interest and other (2)           (2)
Ending balance (in shares) at Dec. 31, 2022   (275,726,629)          
Ending balance at Dec. 31, 2022 $ 17,685 $ 35 19,841 955 (2,198) $ (978) 30
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Treasury stock, shares 20,758,166         20,758,166  
Net (loss) income $ (2,563)     (2,567)     4
Cumulative translation adjustment 414       414    
Gains (losses) on derivatives qualifying as hedges, net of tax 0            
Pension liability and postretirement adjustment; net of tax (112)       (112)    
Cash dividends declared (827)     (827)      
Stock options/SSARs (in shares)           89,850  
Stock options/SSARs 0   (4)     $ 4  
Vested restricted stock units and awards (11)   (22)     $ 11  
Vested restricted stock units and awards (in shares)           230,222  
Stock-based compensation 65   65        
Redeemable NCI (6)   (6)        
Dividends on non-controlling interest and other (3)           (3)
Ending balance (in shares) at Dec. 31, 2023   (275,726,629)          
Ending balance at Dec. 31, 2023 $ 14,642 $ 35 $ 19,874 $ (2,439) $ (1,896) $ (963) $ 31
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Treasury stock, shares 20,438,094         20,438,094