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Condensed Consolidated Statements of Shareholders’ Equity (Unaudited) - USD ($)
shares in Thousands, $ in Millions
Total
Ordinary Shares and Additional Paid-in Capital
Retained Earnings (Accumulated Deficit)
Accumulated  Other Comprehensive Loss, Net of Tax
Non- redeemable Non- controlling Interests
Beginning balance (in shares) at Dec. 31, 2024   216,000      
Beginning balance at Dec. 31, 2024 $ 6,305 $ 13,175 $ (2,309) $ (4,745) $ 184
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income [1] 986   965   21
Shares issued - employee stock compensation plans (in shares)   700      
Shares issued - employee stock compensation plans $ (111) $ (111)      
Shares repurchased (in shares) (600) (600)      
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   216,100      
Ending balance at Mar. 31, 2025 $ 7,195 $ 13,200 (1,740) (4,456) 191
Beginning balance (in shares) at Dec. 31, 2025 214,500 214,500      
Beginning balance at Dec. 31, 2025 $ 9,459 $ 13,440 (245) (3,843) 107
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income [2] 1,240   1,212   28
Shares issued - employee stock compensation plans (in shares)   600      
Shares issued - employee stock compensation plans $ (68) $ (68)      
Shares repurchased (in shares) (1,500) (1,500)      
Shares repurchased $ (500)   (500)    
Share-based compensation expense 82 $ 82      
Dividends to shareholders (160)   (160)    
Net change in fair value of financial instruments (4)     (4)  
Net foreign currency translation adjustments (108)     (108)  
Net postretirement benefit obligation 27     27  
Net purchases of subsidiary shares from nonredeemable noncontrolling interests (3) (2)     (1)
Dividends paid to nonredeemable noncontrolling interests on subsidiary common stock (10)       (10)
Remeasurement of redemption value of redeemable noncontrolling interest $ 3 $ 3      
Ending balance (in shares) at Mar. 31, 2026 213,600 213,600      
Ending balance at Mar. 31, 2026 $ 9,958 $ 13,455 $ 307 $ (3,928) $ 124
[1] 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.
[2] The Company’s Net income totaled $1.2 billion for the quarter ended March 31, 2026, which included $1 million of Net loss related to redeemable noncontrolling interests.