Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 356	$ 345
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation of property, plant and equipment	54	53
Stock-based compensation	14	11
Unrealized loss (gain) on marketable securities	10	(3)
Deferred income taxes	(9)	(17)
Amortization of intangible assets	7	22
Pension settlement loss	4	0
Technology-related investments loss (gain)	1	(3)
Other	3	3
Changes in assets and liabilities:
Accounts receivable	(32)	(19)
Inventories	(30)	(55)
Accounts payable	24	34
Other assets and liabilities	(58)	(37)
Net cash provided by operating activities	344	334
CASH FLOWS FROM INVESTING ACTIVITIES:
Additions of long-lived assets	(32)	(43)
Investment in equity method investee	(3)	0
Proceeds from sale of assets	3	0
Proceeds from technology-related investments	0	2
Net cash used for investing activities	(32)	(41)
CASH FLOWS FROM FINANCING ACTIVITIES:
Payments on long-term debt	(102)	(3)
Repurchases of common stock	(83)	(137)
Dividend payments	(44)	(43)
Proceeds from exercise of stock options	24	14
Taxes paid related to net share settlement of equity awards	(9)	(5)
Debt financing fees	(4)	0
Net cash used for financing activities	(218)	(174)
Effect of exchange rate changes on cash	(1)	0
Net increase in cash and cash equivalents	93	119
Cash and cash equivalents at beginning of period	555	232
Cash and cash equivalents at end of period	648	351
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Income taxes paid	(99)	(121)
Interest paid	(62)	(64)
Interest received from interest rate swaps	7	5
Non-cash investing activities:
Capital expenditures in liabilities	$ 20	$ 18