| USD ($) $ in Millions | LTM | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|---|
Net sales | |||||||||
Net sales | $ 11,480 | $ 10,230 | $ 8,012 | $ 6,863 | |||||
Costs and expenses | |||||||||
Cost of sales | 7,113 | 6,515 | 5,078 | 4,463 | |||||
Operating expenses | |||||||||
Selling, general and administrative expenses | 1,827 | 1,618 | 1,374 | 1,312 | |||||
Amortization of intangibles | 259 | 200 | 184 | 181 | |||||
Restructuring costs | 43 | 55 | 5 | 29 | |||||
Foreign currency (gain) loss, net | (9) | (12) | (9) | (16) | |||||
Asset impairments | - | - | - | 0 | |||||
Other operating expense (income) | (54) | (1) | 6 | 10 | |||||
Operating profit (loss) | 2,175 | 1,830 | 1,367 | 872 | |||||
Other deductions, net | - | - | - | - | |||||
Interest expense, net | (53) | (86) | (150) | (180) | |||||
Loss on extinguishment of debt | (8) | (2) | (2) | (1) | |||||
Gain on tax receivable agreement | - | - | - | 0 | |||||
Change in fair value of warrant liabilities | - | 0 | 449 | 158 | |||||
Dividend income | - | - | - | - | |||||
General and administrative expenses | - | - | - | - | |||||
Income (loss) before income taxes | 2,114 | 1,742 | 765 | 534 | |||||
Income tax expense | 382 | 409 | 270 | 74 | |||||
Income (loss) from Continuing Operations | - | - | - | - | |||||
Earnings (loss) from Discontinued Operations - net of income taxes | - | - | - | - | |||||
Net income (loss) | $ 1,732 | $ 1,333 | $ 496 | $ 460 | |||||
Earnings (loss) per share: | |||||||||
Basic (USD per share) | $ 4.52 | $ 3.49 | $ 1.32 | $ 1.21 | |||||
Diluted (USD per share) | 4.42 | 3.41 | 1.28 | 1.19 | |||||
Basic and Diluted (USD per share) | - | - | - | - | |||||
Weighted-average shares outstanding | |||||||||
Weighted-average number of ordinary shares outstanding - basic and diluted (in shares) | - | - | - | - | |||||
Basic (in shares) | 383,742,935 | 381,712,181 | 376,418,933 | 380,144,059 | |||||
Diluted (in shares) | 392,511,287 | 390,652,824 | 386,325,058 | 386,226,267 |