XML 18 R7.htm IDEA: XBRL DOCUMENT v3.25.3
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (UNAUDITED) - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-in Capital
Retained Earnings
Treasury Stock
Accumulated Other Comprehensive Loss
Beginning balance (in shares) at Dec. 31, 2023 [1],[2]   67,000,000        
Beginning balance at Dec. 31, 2023   $ 1 $ 2,650 $ 11,672 $ (5,965) $ (228) [3]
Beginning balance (in shares) at Dec. 31, 2023         48,000,000  
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income $ 1,886     1,886    
Dividends declared [4]       (327)    
Foreign currency translation adjustments (9)         (9) [3]
Stock compensation expense, net     79      
Tax withholding for share-based compensation     (43)      
Repurchase of common stock (in shares)   (1,000,000) [1],[2]     (1,000,000)  
Repurchase of common stock         $ (1,135)  
Ending balance (in shares) at Sep. 30, 2024 [1],[2]   66,000,000        
Ending balance at Sep. 30, 2024   $ 1 2,686 13,231 $ (7,100) (237) [3],[4]
Ending balance (in shares) at Sep. 30, 2024         49,000,000  
Beginning balance (in shares) at Jun. 30, 2024 [1],[2]   66,000,000        
Beginning balance at Jun. 30, 2024   $ 1 2,664 12,630 $ (6,722) (292) [4]
Beginning balance (in shares) at Jun. 30, 2024         49,000,000  
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 708     708    
Dividends declared [4]       (107)    
Foreign currency translation adjustments $ 55         55 [4]
Stock compensation expense, net     24      
Tax withholding for share-based compensation     (2)      
Repurchase of common stock         $ (378)  
Ending balance (in shares) at Sep. 30, 2024 [1],[2]   66,000,000        
Ending balance at Sep. 30, 2024   $ 1 2,686 13,231 $ (7,100) (237) [3],[4]
Ending balance (in shares) at Sep. 30, 2024         49,000,000  
Beginning balance (in shares) at Dec. 31, 2024 65,305,731 65,000,000 [1],[2]        
Beginning balance at Dec. 31, 2024 $ 8,622 $ 1 2,691 13,813 $ (7,478) (405) [3]
Beginning balance (in shares) at Dec. 31, 2024 49,873,619       50,000,000  
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income $ 1,841     1,841    
Dividends declared [4]       (350)    
Foreign currency translation adjustments $ 122         122 [3]
Stock compensation expense, net     102      
Tax withholding for share-based compensation     (42)      
Repurchase of common stock (in shares)   (2,000,000) [1],[2]     (2,000,000)  
Repurchase of common stock         $ (1,295)  
Ending balance (in shares) at Sep. 30, 2025 63,766,498 64,000,000 [1],[2]        
Ending balance at Sep. 30, 2025 $ 9,000 $ 1 2,751 15,304 $ (8,773) (283) [3],[4]
Ending balance (in shares) at Sep. 30, 2025 51,556,439       52,000,000  
Beginning balance (in shares) at Jun. 30, 2025 [1],[2]   64,000,000        
Beginning balance at Jun. 30, 2025   $ 1 2,721 14,718 $ (8,151) (254) [4]
Beginning balance (in shares) at Jun. 30, 2025         51,000,000  
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income $ 701     701    
Dividends declared [4]       (115)    
Foreign currency translation adjustments $ (29)         (29) [4]
Stock compensation expense, net     32      
Tax withholding for share-based compensation     (2)      
Repurchase of common stock (in shares)   (1,000,000) [1],[2]     (1,000,000)  
Repurchase of common stock         $ (622)  
Ending balance (in shares) at Sep. 30, 2025 63,766,498 64,000,000 [1],[2]        
Ending balance at Sep. 30, 2025 $ 9,000 $ 1 $ 2,751 $ 15,304 $ (8,773) $ (283) [3],[4]
Ending balance (in shares) at Sep. 30, 2025 51,556,439       52,000,000  
[1] Amounts may not foot due to rounding.
[2] Common stock outstanding decreased by approximately two million net shares during the year ended December 31, 2024.
[3] The Accumulated Other Comprehensive Loss balance primarily reflects foreign currency translation adjustments.
[4] We declared dividends of $1.79 and $1.63 per share during the three months ended September 30, 2025 and 2024, respectively, and $5.37 and $4.89 per share during the nine months ended September 30, 2025 and 2024, respectively.