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Condensed Consolidated Statements of Changes in Shareholders’ Equity (Unaudited) - USD ($)
shares in Millions, $ in Millions
Total
Common Stock
Capital In Excess Of Par
Retained Earnings
Treasury Shares, at cost
Accumulated Other Comprehensive Loss
Non controlling Interests
Beginning balance (in shares) at Dec. 31, 2023   220.1          
Beginning balance at Dec. 31, 2023 $ 1,773.0 $ 254.0 $ 1,568.0 $ 1,286.0 $ (937.0) $ (444.0) $ 46.0
Comprehensive income:              
Net income (loss) 39.0     41.0     (2.0)
Long-term employee benefit plans, net of tax 1.0         1.0  
Foreign currency translation, net of tax benefit (45.0)         (45.0)  
Comprehensive income (5.0)     41.0   (44.0) (2.0)
Recognition of stock-based compensation 6.0   6.0        
Shares issued under compensation plans (in shares)   0.5          
Shares issued under compensation plans 1.0   1.0        
Ending balance (in shares) at Mar. 31, 2024   220.6          
Ending balance at Mar. 31, 2024 1,775.0 $ 254.0 1,575.0 1,327.0 (937.0) (488.0) 44.0
Beginning balance (in shares) at Dec. 31, 2023   220.1          
Beginning balance at Dec. 31, 2023 1,773.0 $ 254.0 1,568.0 1,286.0 (937.0) (444.0) 46.0
Comprehensive income:              
Net income (loss) 254.0            
Comprehensive income 257.0            
Ending balance (in shares) at Sep. 30, 2024   218.0          
Ending balance at Sep. 30, 2024 1,951.0 $ 254.0 1,590.0 1,540.0 (1,037.0) (442.0) 46.0
Beginning balance (in shares) at Mar. 31, 2024   220.6          
Beginning balance at Mar. 31, 2024 1,775.0 $ 254.0 1,575.0 1,327.0 (937.0) (488.0) 44.0
Comprehensive income:              
Net income (loss) 113.0     112.0     1.0
Long-term employee benefit plans, net of tax 1.0         1.0  
Foreign currency translation, net of tax benefit (30.0)         (30.0)  
Comprehensive income 84.0     112.0   (29.0) 1.0
Recognition of stock-based compensation 8.0   8.0        
Shares issued under compensation plans (in shares)   0.1          
Shares issued under compensation plans 1.0 $ 0.0 1.0        
Common stock purchases (in shares)   (1.4)          
Common stock purchases (50.0)       (50.0)    
Ending balance (in shares) at Jun. 30, 2024   219.3          
Ending balance at Jun. 30, 2024 1,818.0 $ 254.0 1,584.0 1,439.0 (987.0) (517.0) 45.0
Comprehensive income:              
Net income (loss) 102.0     101.0     1.0
Net realized and unrealized gain on derivatives, net of tax (2.0)         (2.0)  
Foreign currency translation, net of tax benefit 78.0         77.0 1.0
Comprehensive income 178.0     101.0   75.0 2.0
Recognition of stock-based compensation 7.0   7.0        
Shares issued under compensation plans (in shares)   0.1          
Shares issued under compensation plans (1.0)   (1.0)        
Common stock purchases (in shares)   (1.4)          
Common stock purchases (50.0)       (50.0)    
Dividends declared to non-controlling interest (1.0)           (1.0)
Ending balance (in shares) at Sep. 30, 2024   218.0          
Ending balance at Sep. 30, 2024 1,951.0 $ 254.0 1,590.0 1,540.0 (1,037.0) (442.0) 46.0
Beginning balance (in shares) at Dec. 31, 2024   218.1          
Beginning balance at Dec. 31, 2024 1,956.0 $ 255.0 1,599.0 1,677.0 (1,037.0) (582.0) 44.0
Comprehensive income:              
Net income (loss) 99.0     99.0      
Long-term employee benefit plans, net of tax 1.0         1.0  
Foreign currency translation, net of tax benefit 63.0         61.0 2.0
Comprehensive income 163.0     99.0   62.0 2.0
Recognition of stock-based compensation 5.0   5.0        
Shares issued under compensation plans (in shares)   0.5          
Shares issued under compensation plans (2.0)   (2.0)        
Ending balance (in shares) at Mar. 31, 2025   218.6          
Ending balance at Mar. 31, 2025 2,122.0 $ 255.0 1,602.0 1,776.0 (1,037.0) (520.0) 46.0
Beginning balance (in shares) at Dec. 31, 2024   218.1          
Beginning balance at Dec. 31, 2024 1,956.0 $ 255.0 1,599.0 1,677.0 (1,037.0) (582.0) 44.0
Comprehensive income:              
Net income (loss) 319.0            
Comprehensive income 519.0            
Ending balance (in shares) at Sep. 30, 2025   213.3          
Ending balance at Sep. 30, 2025 2,325.0 $ 255.0 1,615.0 1,995.0 (1,202.0) (384.0) 46.0
Beginning balance (in shares) at Mar. 31, 2025   218.6          
Beginning balance at Mar. 31, 2025 2,122.0 $ 255.0 1,602.0 1,776.0 (1,037.0) (520.0) 46.0
Comprehensive income:              
Net income (loss) 110.0     109.0     1.0
Long-term employee benefit plans, net of tax 1.0         1.0  
Foreign currency translation, net of tax benefit 135.0         136.0 (1.0)
Comprehensive income 246.0     109.0   137.0 0.0
Recognition of stock-based compensation 8.0   8.0        
Common stock purchases (in shares)   (2.0)          
Common stock purchases (65.0)       (65.0)    
Ending balance (in shares) at Jun. 30, 2025   216.6          
Ending balance at Jun. 30, 2025 2,311.0 $ 255.0 1,610.0 1,885.0 (1,102.0) (383.0) 46.0
Comprehensive income:              
Net income (loss) 110.0     110.0     0.0
Net realized and unrealized gain on derivatives, net of tax 1.0         1.0  
Long-term employee benefit plans, net of tax 0.0         0.0  
Foreign currency translation, net of tax benefit (1.0)         (2.0) 1.0
Comprehensive income 110.0     110.0   (1.0) 1.0
Recognition of stock-based compensation 6.0   6.0        
Shares issued under compensation plans (in shares)   0.0          
Shares issued under compensation plans (1.0)   (1.0)        
Common stock purchases (in shares)   (3.3)          
Common stock purchases (100.0)       (100.0)    
Dividends declared to non-controlling interest (1.0)           (1.0)
Ending balance (in shares) at Sep. 30, 2025   213.3          
Ending balance at Sep. 30, 2025 $ 2,325.0 $ 255.0 $ 1,615.0 $ 1,995.0 $ (1,202.0) $ (384.0) $ 46.0