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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Income Statement [Abstract]        
Revenues $ 1,602 $ 1,582 $ 4,709 $ 4,811
Cost of sales 745 659 2,137 1,992
Gross profit 857 923 2,572 2,819
Selling, general and administrative 415 422 1,288 1,290
Research and development 84 111 275 339
Acquired in-process research and development and milestones 0 51 6 81
Restructuring costs 0 0 88 23
Interest expense 128 126 383 388
Exchange losses 17 6 12 11
Other (income) expense, net (30) 0 (53) 9
Income before income taxes 243 207 573 678
Income tax expense (benefit) 83 (152) 181 (77)
Net income $ 160 $ 359 $ 392 $ 755
Earnings per share:        
Basic (in dollars per share) $ 0.61 $ 1.39 $ 1.51 $ 2.94
Diluted (in dollars per share) $ 0.61 $ 1.38 $ 1.50 $ 2.92
Weighted average shares outstanding:        
Basic (in shares) 259,975 257,498 259,266 256,830
Diluted (in shares) 260,653 259,757 260,611 258,908