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CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Millions
Total
Total Stockholders’ Equity
$0.01 Par Value Common Stock
Treasury Stock
Paid-In Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Noncontrolling Interest
Balance at Dec. 31, 2024 $ 7,592 $ 4,985 $ 2 $ (30) $ 1,284 $ 4,009 $ (280) $ 2,607
Increase (decrease) in equity                
Net earnings 351 312 0 0 0 312 0 39
Less: Net earnings attributable to noncontrolling interests 39              
Net earnings attributable to common stockholders 312              
Other comprehensive income (loss) 9 9 0 0 0 0 9 0
Purchases of treasury stock (438) (438) 0 (438) 0 0 0 0
Retirement of treasury stock 0 0 0 30 3 27 0 0
Acquisition of treasury stock under employee stock plans (13) (13) 0 (13) 0 0 0 0
Issuance of $0.01 par value common stock under employee stock plans 1 1 0 0 1 0 0 0
Stock-based compensation expense 10 10 0 0 10 0 0 0
Cash dividends (86) (86) 0 0 0 (86) 0 0
Distribution declared to noncontrolling interests (129) 0 0 0 0 0 0 (129)
Balance at Mar. 31, 2025 7,297 4,780 2 (451) 1,292 4,208 (271) 2,517
Balance at Dec. 31, 2025 7,775 4,838 2 0 1,197 3,874 (235) 2,937
Increase (decrease) in equity                
Net earnings 676 615 0 0 0 615 0 61
Less: Net earnings attributable to noncontrolling interests 61              
Net earnings attributable to common stockholders 615              
Other comprehensive income (loss) (21) (21) 0 0 0 0 (21) 0
Purchases of treasury stock (15) (15) 0 (15) 0 0 0 0
Acquisition of treasury stock under employee stock plans (10) (10) 0 (10) 0 0 0 0
Issuance of $0.01 par value common stock under employee stock plans 1 1 0 0 1 0 0 0
Stock-based compensation expense 11 11 0 0 11 0 0 0
Cash dividends (77) (77) 0 0 0 (77) 0 0
Contributions from noncontrolling interests 117 0 0 0 0 0 0 117
Distribution declared to noncontrolling interests (201) 0 0 0 0 0 0 (201)
Balance at Mar. 31, 2026 $ 8,256 $ 5,342 $ 2 $ (25) $ 1,209 $ 4,412 $ (256) $ 2,914