v3.25.2
Accumulated Other Comprehensive Loss
 6 Months Ended
Jun. 30, 2025
Equity [Abstract]  
Accumulated Other Comprehensive Loss Accumulated Other Comprehensive Loss
Changes in the balances of each component of accumulated other comprehensive loss were as follows:

 Millions of Dollars
 Defined Benefit PlansForeign Currency TranslationHedgingAccumulated Other Comprehensive Loss
December 31, 2024$(140)(262)(5)(407)
Other comprehensive income before reclassifications2 292 — 294 
Amounts reclassified from accumulated other
   comprehensive loss
Defined benefit plans*
Amortization of net actuarial loss and settlements7 — — 7 
Foreign currency translation**— (12)— (12)
Hedging— — — — 
Net current period other comprehensive income 9 280 — 289 
June 30, 2025$(131)18 (5)(118)
December 31, 2023$(120)(157)(5)(282)
Other comprehensive income (loss) before reclassifications1 (33)— (32)
Amounts reclassified from accumulated other comprehensive loss
Defined benefit plans*
Amortization of net actuarial loss and settlements5 — — 5 
Foreign currency translation— — — — 
Hedging— — — — 
Net current period other comprehensive income (loss)6 (33)— (27)
June 30, 2024$(114)(190)(5)(309)
* Included in the computation of net periodic benefit cost. See Note 16—Pension and Postretirement Plans, for additional information.
** Included in the gain on sale of Coop, recognized in the “Net gain (loss) on dispositions” line item on our consolidated statement of income. See Note 7—Investments, Loans and Long-Term Receivables, for additional information.