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Equity (Tables)
12 Months Ended
Dec. 31, 2025
Equity [Abstract]  
Schedule of Dividends Declared We declared and paid cash dividends per share during the periods presented as follows:
Year Ended December 31,
202520242023
Annual dividends per share(1)
$1.92 $1.80 $1.68 
Dividends paid (in millions)$1,105 $1,039 $955 
(1) The quarterly dividends per share were $0.48, $0.45 and $0.42 in 2025, 2024 and 2023, respectively.
Schedule of Accumulated Other Comprehensive Income (Loss)
The following table present changes in the accumulated balances for each component of other comprehensive income/(loss) (in millions):
Changes in Accumulated Other Comprehensive Income/(Loss) by Component
Foreign currency translation adjustmentsComprehensive income from equity method investmentEmployee benefit plans adjustmentsTotal
Balance, as of January 1, 2023
$(278)$$(55)$(331)
Other comprehensive income/(loss)49 — (15)34 
Income tax benefit/(expense)(1)— 
Net current period other comprehensive income/(loss)48 — (11)37 
Balance, as of December 31, 2023
(230)(66)(294)
Other comprehensive income/(loss)(55)(41)
Income tax expense— (2)(1)(3)
Net current period other comprehensive income/(loss)(55)(44)
Balance, as of December 31, 2024
(285)(62)(338)
Other comprehensive income99 21 121 
Income tax expense— (1)(6)(7)
Net current period other comprehensive income99 — 15 114 
Balance, as of December 31, 2025
$(186)$$(47)$(224)