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CONSOLIDATED STATEMENT OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Common shares:
Other capital:
Retained earnings:
Accumulated other comprehensive loss:
Balance at beginning of period at Dec. 31, 2023   $ 912 $ 7,608 $ 2,009 $ (293)
Issued for exercise of stock options and vested units   2 4    
Repurchases of common shares (Note 4)   (5) (120)    
Share-based compensation     32    
Other transactions, net     (7)    
Net earnings $ 315     315  
Dividends on common shares       (544)  
Other comprehensive income $ 14       14
Dividends paid per common share $ 0.74        
Balance at end of period at Sep. 30, 2024 $ 9,927 909 7,517 1,780 (279)
Balance at beginning of period at Jun. 30, 2024   910 7,530 1,897 (292)
Issued for exercise of stock options and vested units   0 1    
Repurchases of common shares (Note 4)   (1) (25)    
Share-based compensation     10    
Other transactions, net     1    
Net earnings 28     28  
Dividends on common shares       (145)  
Other comprehensive income $ 13       13
Dividends paid per common share $ 0.2        
Balance at end of period at Sep. 30, 2024 $ 9,927 909 7,517 1,780 (279)
Balance at beginning of period at Dec. 31, 2024 9,721 908 7,500 1,715 (402)
Issued for exercise of stock options and vested units   1 1    
Repurchases of common shares (Note 4)   (7) (143)    
Share-based compensation     32    
Other transactions, net     (5)    
Net earnings 250     250  
Dividends on common shares       (459)  
Other comprehensive income $ 47       47
Dividends paid per common share $ 0.63        
Balance at end of period at Sep. 30, 2025 $ 9,438 902 7,385 1,506 (355)
Balance at beginning of period at Jun. 30, 2025   903 7,401 1,576 (356)
Issued for exercise of stock options and vested units   0 0    
Repurchases of common shares (Note 4)   (1) (24)    
Share-based compensation     9    
Other transactions, net     (1)    
Net earnings 80     80  
Dividends on common shares       (150)  
Other comprehensive income $ 1       1
Dividends paid per common share $ 0.21        
Balance at end of period at Sep. 30, 2025 $ 9,438 $ 902 $ 7,385 $ 1,506 $ (355)