v3.25.2
FINANCIAL INSTRUMENTS (Tables)
 6 Months Ended
Jun. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)
The table below shows deferred gains (losses) reported in AOCI as well as the amount expected to be reclassified to income in one year or less for designated net investment hedges.
(in millions)Deferred gain (loss) in AOCI atGain (loss) expected to be reclassified to income in one year or less
Net investment hedgeJune 30, 2025December 31, 2024
Foreign currency$(8)$(11)$— 
The gains and losses attributable to the financial instrument designated as a net investment hedge were recognized in other comprehensive income (loss) during the periods presented below.
(in millions)
Three Months Ended June 30,Six Months Ended June 30,
Net investment hedge2025202420252024
Foreign currency$2 $(1)$3 $(3)
Schedule of Derivative Instruments in Statement of Financial Position
(in millions)
AssetsLiabilities
Derivatives designated as hedging instruments Under Topic 815:Balance Sheet LocationJune 30, 2025December 31, 2024Balance Sheet LocationJune 30, 2025December 31, 2024
Foreign currencyPrepayments and other current assets$3 $— Other current liabilities$1 $—