Quarterly report pursuant to Section 13 or 15(d)

Statements of Unaudited Condensed Consolidated Changes in Equity Statement

v3.24.3
Statements of Unaudited Condensed Consolidated Changes in Equity Statement - USD ($)
$ in Millions
Total
Common Stock
Capital in Excess of Par Value of Shares
Retained Earnings
Common Shares in Treasury
AOCI
Non-Controlling Interest
Balance, beginning of period (in shares) at Dec. 31, 2022   513,300,000          
Balance, beginning of period at Dec. 31, 2022 $ 8,042 $ 66 $ 4,871 $ 1,334 $ (310) $ 1,830 $ 251
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Comprehensive income (loss) (221)     (57)   (179) 15
Stock and other incentive plans (in shares)   1,800,000          
Stock and other incentive plans     (39)        
Stock and other incentive plans (9)       30    
Net distributions to noncontrolling interests (19)           (19)
Balance, end of period (in shares) at Mar. 31, 2023   515,100,000          
Balance, end of period at Mar. 31, 2023 7,793 $ 66 4,832 1,277 (280) 1,651 247
Balance, beginning of period (in shares) at Dec. 31, 2022   513,300,000          
Balance, beginning of period at Dec. 31, 2022 8,042 $ 66 4,871 1,334 (310) 1,830 251
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Comprehensive income (loss) 406            
Common stock repurchases (shares)   (10,400,000)          
Balance, end of period (in shares) at Sep. 30, 2023   504,800,000          
Balance, end of period at Sep. 30, 2023 8,264 $ 66 4,850 1,888 (431) 1,647 244
Balance, beginning of period (in shares) at Mar. 31, 2023   515,100,000          
Balance, beginning of period at Mar. 31, 2023 7,793 $ 66 4,832 1,277 (280) 1,651 247
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Comprehensive income (loss) 348     347   (8) 9
Common stock repurchases (shares)   (6,500,000)          
Common stock repurchases, net of excise tax (95)       (95)    
Stock and other incentive plans (in shares)   100,000          
Stock and other incentive plans     9        
Stock and other incentive plans 12       3    
Net distributions to noncontrolling interests (14)           (14)
Balance, end of period (in shares) at Jun. 30, 2023   508,700,000          
Balance, end of period at Jun. 30, 2023 8,044 $ 66 4,841 1,624 (372) 1,643 242
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Comprehensive income (loss) 279     264   4 11
Common stock repurchases (shares)   (3,900,000)          
Common stock repurchases, net of excise tax (59)       (59)    
Stock and other incentive plans (in shares)   0          
Stock and other incentive plans     9        
Stock and other incentive plans 9       0    
Net distributions to noncontrolling interests (9)           (9)
Balance, end of period (in shares) at Sep. 30, 2023   504,800,000          
Balance, end of period at Sep. 30, 2023 $ 8,264 $ 66 4,850 1,888 (431) 1,647 244
Balance, beginning of period (in shares) at Dec. 31, 2023 504,886,773 504,900,000          
Balance, beginning of period at Dec. 31, 2023 $ 8,122 $ 66 4,861 1,733 (430) 1,657 235
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Comprehensive income (loss) (62)     (67)   (9) 14
Common stock repurchases (shares)   (30,400,000)          
Common stock repurchases, net of excise tax (615)       (615)    
Stock and other incentive plans (in shares)   1,000,000.0          
Stock and other incentive plans     (10)        
Stock and other incentive plans 5       15    
Net distributions to noncontrolling interests (8)           (8)
Balance, end of period (in shares) at Mar. 31, 2024   475,500,000          
Balance, end of period at Mar. 31, 2024 $ 7,442 $ 66 4,851 1,666 (1,030) 1,648 241
Balance, beginning of period (in shares) at Dec. 31, 2023 504,886,773 504,900,000          
Balance, beginning of period at Dec. 31, 2023 $ 8,122 $ 66 4,861 1,733 (430) 1,657 235
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Comprehensive income (loss) $ (291)            
Common stock repurchases (shares)   (37,900,000)          
Balance, end of period (in shares) at Sep. 30, 2024 468,067,482 468,100,000          
Balance, end of period at Sep. 30, 2024 $ 7,095 $ 66 4,875 1,426 (1,153) 1,640 241
Balance, beginning of period (in shares) at Mar. 31, 2024   475,500,000          
Balance, beginning of period at Mar. 31, 2024 7,442 $ 66 4,851 1,666 (1,030) 1,648 241
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Comprehensive income (loss) 27     2   18 7
Common stock repurchases (shares)   (7,500,000)          
Common stock repurchases, net of excise tax (125)       (125)    
Stock and other incentive plans (in shares)   0          
Stock and other incentive plans     13        
Stock and other incentive plans 14       1    
Net distributions to noncontrolling interests 14           14
Balance, end of period (in shares) at Jun. 30, 2024   468,000,000.0          
Balance, end of period at Jun. 30, 2024 7,372 $ 66 4,864 1,668 (1,154) 1,666 262
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Comprehensive income (loss) (256)     (242)   (26) 12
Common stock repurchases (shares)   0          
Stock and other incentive plans (in shares)   100,000          
Stock and other incentive plans     11        
Stock and other incentive plans 12       1    
Net distributions to noncontrolling interests $ (33)           (33)
Balance, end of period (in shares) at Sep. 30, 2024 468,067,482 468,100,000          
Balance, end of period at Sep. 30, 2024 $ 7,095 $ 66 $ 4,875 $ 1,426 $ (1,153) $ 1,640 $ 241