XML 18 R6.htm IDEA: XBRL DOCUMENT v3.25.3
Condensed Consolidated Statements of Shareholders’ Equity (Unaudited) - USD ($)
shares in Millions, $ in Millions
Total
Ordinary Shares and Additional Paid-in Capital
Accumulated Deficit
Accumulated  Other Comprehensive Loss, Net of Tax
Non- redeemable Non- controlling Interests
Beginning balance (in shares) at Dec. 31, 2023   198.6      
Beginning balance at Dec. 31, 2023 $ (742) $ 6,946 $ (3,399) $ (4,373) $ 84
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 1,093   1,071   22
Shares issued - employee stock compensation plans (in shares)   0.8      
Shares issued - employee stock compensation plans (104) $ (104)      
Shares repurchased (in shares)   (0.8)      
Shares repurchased (250)   (250)    
Share-based compensation expense 130 $ 130      
Dividends to shareholders (122)   (122)    
Net change in fair value of financial instruments 75     75  
Net foreign currency translation adjustments (132)     (132)  
Net postretirement benefit obligation 26     26  
Purchases of subsidiary shares from nonredeemable noncontrolling interests (1) $ (1)      
Dividends paid to nonredeemable noncontrolling interests on subsidiary common stock (1)       (1)
Ending balance (in shares) at Mar. 31, 2024   198.6      
Ending balance at Mar. 31, 2024 (28) $ 6,971 (2,700) (4,404) 105
Beginning balance (in shares) at Dec. 31, 2023   198.6      
Beginning balance at Dec. 31, 2023 (742) $ 6,946 (3,399) (4,373) 84
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net change in fair value of financial instruments 84        
Net foreign currency translation adjustments 129        
Net postretirement benefit obligation 39        
Ending balance (in shares) at Sep. 30, 2024   216.5      
Ending balance at Sep. 30, 2024 6,418 $ 13,047 (2,682) (4,121) 174
Beginning balance (in shares) at Mar. 31, 2024   198.6      
Beginning balance at Mar. 31, 2024 (28) $ 6,971 (2,700) (4,404) 105
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income [1] 536   524   12
Shares issued - NFP Transaction (in shares)   19.0      
Shares issued - NFP Transaction 5,882 $ 5,882      
Shares issued - employee stock compensation plans (in shares)   0.4      
Shares issued - employee stock compensation plans (45) $ (45)      
Shares repurchased (in shares)   (0.8)      
Shares repurchased (250)   (250)    
Share-based compensation expense 117 $ 117      
Dividends to shareholders (148)   (148)    
Net change in fair value of financial instruments 1     1  
Net foreign currency translation adjustments (88)     (88)  
Net postretirement benefit obligation 13     13  
Purchases of subsidiary shares from nonredeemable noncontrolling interests 86       86
Dividends paid to nonredeemable noncontrolling interests on subsidiary common stock (35)       (35)
Remeasurement of redemption value of redeemable noncontrolling interest (13) $ (13)      
Ending balance (in shares) at Jun. 30, 2024   217.2      
Ending balance at Jun. 30, 2024 6,028 $ 12,912 (2,574) (4,478) 168
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income [2] 354   343   11
Shares issued - employee stock compensation plans (in shares)   0.2      
Shares issued - employee stock compensation plans 20 $ 20      
Shares repurchased (in shares)   (0.9)      
Shares repurchased (304)   (304)    
Share-based compensation expense 114 $ 114      
Dividends to shareholders (147)   (147)    
Net change in fair value of financial instruments 8     8  
Net foreign currency translation adjustments 349     349  
Net postretirement benefit obligation 0        
Purchases of subsidiary shares from nonredeemable noncontrolling interests 1 $ 1      
Dividends paid to nonredeemable noncontrolling interests on subsidiary common stock (5)       (5)
Ending balance (in shares) at Sep. 30, 2024   216.5      
Ending balance at Sep. 30, 2024 $ 6,418 $ 13,047 (2,682) (4,121) 174
Beginning balance (in shares) at Dec. 31, 2024 216.0 216.0      
Beginning balance at Dec. 31, 2024 $ 6,305 $ 13,175 (2,309) (4,745) 184
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income [3] 986   965   21
Shares issued - employee stock compensation plans (in shares)   0.7      
Shares issued - employee stock compensation plans (111) $ (111)      
Shares repurchased (in shares)   (0.6)      
Shares repurchased (250)   (250)    
Share-based compensation expense 147 $ 147      
Dividends to shareholders (146)   (146)    
Net change in fair value of financial instruments 3     3  
Net foreign currency translation adjustments 239     239  
Net postretirement benefit obligation 47     47  
Dividends paid to nonredeemable noncontrolling interests on subsidiary common stock (14)       (14)
Remeasurement of redemption value of redeemable noncontrolling interest (11) $ (11)      
Ending balance (in shares) at Mar. 31, 2025   216.1      
Ending balance at Mar. 31, 2025 $ 7,195 $ 13,200 (1,740) (4,456) 191
Beginning balance (in shares) at Dec. 31, 2024 216.0 216.0      
Beginning balance at Dec. 31, 2024 $ 6,305 $ 13,175 (2,309) (4,745) 184
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net change in fair value of financial instruments 4        
Net foreign currency translation adjustments 752        
Net postretirement benefit obligation $ 74        
Ending balance (in shares) at Sep. 30, 2025 215.2 215.2      
Ending balance at Sep. 30, 2025 $ 8,114 $ 13,381 (1,527) (3,915) 175
Beginning balance (in shares) at Mar. 31, 2025   216.1      
Beginning balance at Mar. 31, 2025 7,195 $ 13,200 (1,740) (4,456) 191
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income [4] 593   579   14
Shares issued - employee stock compensation plans (in shares)   0.3      
Shares issued - employee stock compensation plans (50) $ (49) (1)    
Shares repurchased (in shares)   (0.7)      
Shares repurchased (250)   (250)    
Share-based compensation expense 119 $ 119      
Dividends to shareholders (162)   (162)    
Net change in fair value of financial instruments 10     10  
Net foreign currency translation adjustments 604     604  
Net postretirement benefit obligation (1)     (1)  
Purchases of subsidiary shares from nonredeemable noncontrolling interests (9) (9)      
Dividends paid to nonredeemable noncontrolling interests on subsidiary common stock (40)       (40)
Remeasurement of redemption value of redeemable noncontrolling interest (1) $ (1)      
Ending balance (in shares) at Jun. 30, 2025   215.7      
Ending balance at Jun. 30, 2025 8,008 $ 13,260 (1,574) (3,843) 165
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income [5] 470   458   12
Shares issued - employee stock compensation plans (in shares)   0.2      
Shares issued - employee stock compensation plans 20 $ 20      
Shares repurchased (in shares)   (0.7)      
Shares repurchased (250)   (250)    
Share-based compensation expense 106 $ 106      
Dividends to shareholders (161)   (161)    
Net change in fair value of financial instruments (9)     (9)  
Net foreign currency translation adjustments (91)     (91)  
Net postretirement benefit obligation 28     28  
Purchases of subsidiary shares from nonredeemable noncontrolling interests (1) (1)      
Dividends paid to nonredeemable noncontrolling interests on subsidiary common stock (2)       (2)
Remeasurement of redemption value of redeemable noncontrolling interest $ (4) $ (4)      
Ending balance (in shares) at Sep. 30, 2025 215.2 215.2      
Ending balance at Sep. 30, 2025 $ 8,114 $ 13,381 $ (1,527) $ (3,915) $ 175
[1] The Company’s Net income totaled $538 million for the quarter ended June 30, 2024, which included $2 million of Net income related to redeemable noncontrolling interests.
[2] The Company’s Net income totaled $355 million for the quarter ended September 30, 2024, which included $1 million of Net income related to redeemable noncontrolling interests.
[3] The Company’s Net income totaled $982 million for the quarter ended March 31, 2025, which included $4 million of Net loss related to redeemable noncontrolling interests.
[4] The Company’s Net income totaled $594 million for the quarter ended June 30, 2025, which included $1 million of Net income related to redeemable noncontrolling interests.
[5] The Company’s Net income totaled $470 million for the quarter ended September 30, 2025, which included an insignificant amount of Net income related to redeemable noncontrolling interests.