Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 169	$ 170
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation of property, plant and equipment	27	26
Unrealized loss (gain) on marketable securities	7	(3)
Stock-based compensation	6	5
Amortization of intangible assets	5	11
Deferred income taxes	(5)	(8)
Technology-related investments gain	0	(3)
Other	2	1
Changes in assets and liabilities:
Accounts receivable	(39)	(30)
Inventories	(15)	(32)
Accounts payable	28	30
Other assets and liabilities	(12)	26
Net cash provided by operating activities	173	193
CASH FLOWS FROM INVESTING ACTIVITIES:
Additions of long-lived assets	(11)	(24)
Investment in equity method investee	(1)	0
Proceeds from technology-related investments	0	2
Net cash used for investing activities	(12)	(22)
CASH FLOWS FROM FINANCING ACTIVITIES:
Payments on long-term debt	(101)	(1)
Repurchases of common stock	(52)	(40)
Dividend payments	(22)	(22)
Proceeds from exercise of stock options	22	9
Taxes paid related to net share settlement of equity awards	(8)	(5)
Debt financing fees	(3)	0
Net cash used for financing activities	(164)	(59)
Effect of exchange rate changes on cash	(1)	0
Net (decrease) increase in cash and cash equivalents	(4)	112
Cash and cash equivalents at beginning of period	555	232
Cash and cash equivalents at end of period	551	344
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Interest paid	(29)	(29)
Income taxes paid	(4)	(2)
Interest received from interest rate swaps	3	2
Non-cash investing activities:
Capital expenditures in liabilities	$ 10	$ 6