Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2024

Accounting Policies [Abstract]

Reconciliation between Basic and Diluted Weighted Average Shares Outstanding

The following is a reconciliation between basic and diluted weighted average shares outstanding for the years ended December 31:

(in millions, except per share data)	2024			2023			2022
Net income attributable to the Company	$	993		$	871		$	672
Net income attributable to unvested awarded    performance stock		(12	)		(13	)		(13	)
Net income attributable to common shares	$	981		$	858		$	659
Weighted average number of common shares    outstanding – basic		285			284			283
Less unvested awarded performance stock    included in weighted average number of    common shares outstanding – basic		(3	)		(4	)		(5	)
Weighted average number of common    shares outstanding for basic earnings    per common share		282			280			278
Dilutive effect of equity instruments		2			1			1
Weighted average number of shares    outstanding – diluted		284			281			279
Net income per share:
Basic	$	3.48		$	3.07		$	2.38
Diluted	$	3.46		$	3.05		$	2.37