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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Revision of Prior Period, Adjustment
Cumulative Effect, Period of Adoption, Adjusted Balance
Common Shares
Common Shares
Cumulative Effect, Period of Adoption, Adjusted Balance
Treasury Stock
Treasury Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Additional Paid-in Capital
Additional Paid-in Capital
Revision of Prior Period, Adjustment
Additional Paid-in Capital
Cumulative Effect, Period of Adoption, Adjusted Balance
Retained Earnings
Retained Earnings
Revision of Prior Period, Adjustment
[1]
Retained Earnings
Cumulative Effect, Period of Adoption, Adjusted Balance
[1]
Accumulated Other Comprehensive Income (Loss)
[2]
Accumulated Other Comprehensive Income (Loss)
Revision of Prior Period, Adjustment
[2]
Accumulated Other Comprehensive Income (Loss)
Cumulative Effect, Period of Adoption, Adjusted Balance
[2]
Noncontrolling Interests
Noncontrolling Interests
Revision of Prior Period, Adjustment
Noncontrolling Interests
Cumulative Effect, Period of Adoption, Adjusted Balance
Redeemable Noncontrolling Interest
Redeemable Noncontrolling Interest
Cumulative Effect, Period of Adoption, Adjusted Balance
Beginning balance at Dec. 31, 2021 $ 6,808 $ (1,654) $ 5,154 $ 25 $ 25 $ (84) $ (84) $ 4,464 $ (3,044) $ 1,420 $ 4,818 [1] $ 1,464 $ 6,282 $ (2,445) $ (52) $ (2,497) $ 30 $ (22) $ 8    
Stockholders' Equity                                          
Net income (loss), excluding redeemable noncontrolling interests 2,023                   2,029 [1]           (6)        
Other comprehensive income (loss), net of tax 218                         219     (1)        
Dividends paid [1] (412)                   (412)                 $ (11)  
Acquisition of treasury stock (153)         (153)                              
Common shares issued from treasury stock and capital increase for share-based compensation 0         7   (7)                          
Share-based compensation expense 87             87                          
Other changes 10             4     7 [1]           (1)     (1)  
Ending balance at Dec. 31, 2022 6,927     25   (230)   1,504     7,906 [1]     (2,278)     0        
Beginning balance, redeemable noncontrolling interest at Dec. 31, 2021                                       45 $ 45
Redeemable Noncontrolling Interest                                          
Net income (loss), redeemable noncontrolling interests                                       16  
Ending balance, redeemable noncontrolling interest at Dec. 31, 2022                                       49  
Stockholders' Equity                                          
Net income (loss), excluding redeemable noncontrolling interests 2,271                   2,275 [1]           (4)        
Other comprehensive income (loss), net of tax (81) [3]                         (84)     3        
Dividends paid [1] (527)                   (527)                 (11)  
Acquisition of treasury stock (652)         (652)                              
Common shares issued from treasury stock and capital increase for share-based compensation 0         20   (20)                          
Share-based compensation expense 99             99                          
Other changes 59         (3)   (5)                 67        
Ending balance at Dec. 31, 2023 8,096 [4]     25   (865)   1,578     9,654 [1]     (2,362)     66        
Redeemable Noncontrolling Interest                                          
Net income (loss), redeemable noncontrolling interests                                       16  
Ending balance, redeemable noncontrolling interest at Dec. 31, 2023 54 [4]                                     54  
Stockholders' Equity                                          
Net income (loss), excluding redeemable noncontrolling interests 1,242                   1,246 [1]           (4)        
Other comprehensive income (loss), net of tax (351)                         (350)     (1)        
Dividends paid [1] (591)                   (591)                 (16)  
Acquisition of treasury stock (702)         (702)                              
Common shares issued from treasury stock and capital increase for share-based compensation 0         190   (190)                          
Share-based compensation expense 19             19                          
Other changes           (9)   8                 1        
Ending balance at Dec. 31, 2024 7,713     $ 25   $ (1,386)   $ 1,415     $ 10,309 [1]     $ (2,712)     $ 62        
Redeemable Noncontrolling Interest                                          
Net income (loss), redeemable noncontrolling interests                                       17  
Ending balance, redeemable noncontrolling interest at Dec. 31, 2024 $ 55                                     $ 55  
[1] Dividends per share of common stock of $0.470, $0.396, and $0.302 were declared in the years ended December 31, 2024, 2023 and 2022, respectively.
[2]
(1)See Note 23 Immaterial Revision of Prior Period Financial Statements.
[3] See Note 23 Immaterial Revision of Prior Period Financial Statements
[4] See Note 23 Immaterial Revision of Prior Period Financial Statements.