Equity

3 Months Ended

Mar. 31, 2026

Equity [Abstract]

EQUITY

6.    EQUITY

Treasury Stock

We purchase shares of our outstanding common stock as authorized by our board of directors (Board), including under share purchase programs (described in the table below) and with respect to our employee stock-based compensation plans. During the three months ended March 31, 2026 and 2025, we purchased for treasury 2,327,023 shares and 2,074,605 shares, respectively.

Our Board authorized us to purchase shares of our outstanding common stock under various programs with no expiration dates as follows (in millions):

Program Name	Authorization Date	Total Cost Authorized		Remaining Available for Purchase as of March 31, 2026
September 2024 Program	September 19, 2024	$	2,500	$	1,206
February 2026 Program	February 25, 2026	2,500		2,500

Accumulated Other Comprehensive Loss

Changes in accumulated other comprehensive loss by component, net of tax, were as follows (in millions):

	Three Months Ended March 31,
	2026								2025
	Foreign Currency Translation Adjustment		Defined Benefit Plans Items		Gains (Losses) on Cash Flow Hedges		Total		Foreign Currency Translation Adjustment		Defined Benefit Plans Items		Gains (Losses) on Cash Flow Hedges		Total
Balance as of beginning of period	$	(602)	$	130	$	3	$	(469)	$	(1,264)	$	(2)	$	(6)	$	(1,272)
Other comprehensive income (loss) before reclassifications	(190)		—		(74)		(264)		162		—		(1)		161
Amounts reclassified from accumulated other comprehensive loss	—		(1)		24		23		—		(2)		2		—
Effect of exchange rates	—		(2)		—		(2)		—		2		—		2
Other comprehensive income (loss)	(190)		(3)		(50)		(243)		162		—		1		163
Balance as of end of period	$	(792)	$	127	$	(47)	$	(712)	$	(1,102)	$	(2)	$	(5)	$	(1,109)