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CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Common Stock
Additional Paid-in Capital
Treasury Stock
Retained Earnings
Accumulated Other Comprehensive Loss
Non-controlling Interest
Beginning balance (in shares) at Dec. 31, 2022   226.9          
Beginning balance at Dec. 31, 2022 $ 10,147 $ 2 $ 7,953 $ (1,769) $ 4,577 $ (661) $ 45
Beginning balance (in shares) at Dec. 31, 2022       (45.7)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Cash dividends (31)       (31)    
Proceeds from treasury stock issued from the exercise of stock options and other benefit plans, net of tax (17)   (23) $ 6      
Proceeds from treasury stock issued from the exercise of stock options and other benefit plans, net of tax (in shares)       0.3      
Stock based compensation 10   10        
Net income 173       169   4
Other comprehensive income (loss), net of tax 30         30  
Stock repurchase (in shares)       (1.7)      
Stock repurchase (178)     $ (178)      
Ending balance (in shares) at Mar. 31, 2023   226.9          
Ending balance at Mar. 31, 2023 $ 10,134 $ 2 7,940 $ (1,941) 4,715 (631) 49
Ending balance (in shares) at Mar. 31, 2023       (47.1)      
Beginning balance (in shares) at Dec. 31, 2023 177.8 226.9          
Beginning balance at Dec. 31, 2023 $ 10,524 $ 2 7,977 $ (2,171) 5,269 (590) 37
Beginning balance (in shares) at Dec. 31, 2023 (49.1)     (49.1)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Cash dividends $ (36)       (36)    
Proceeds from treasury stock issued from the exercise of stock options and other benefit plans, net of tax (20)   (22) $ 2      
Proceeds from treasury stock issued from the exercise of stock options and other benefit plans, net of tax (in shares)       0.3      
Stock based compensation 12   12        
Net income 277       272   5
Other comprehensive income (loss), net of tax (77)         (77)  
Stock repurchase (in shares)       (1.3)      
Stock repurchase $ (176)     $ (176)      
Ending balance (in shares) at Mar. 31, 2024 176.8 226.9          
Ending balance at Mar. 31, 2024 $ 10,504 $ 2 $ 7,967 $ (2,345) $ 5,505 $ (667) $ 42
Ending balance (in shares) at Mar. 31, 2024 (50.1)     (50.1)