v3.25.2
Derivative Financial Instruments (Tables)
 6 Months Ended
Jun. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Effect of derivative financial instruments
The table below presents the effect of our derivative financial instruments on the Condensed Consolidated Income Statements and Statements of Comprehensive Income. Items in the table below reflect changes in "Other comprehensive income (loss)" ("OCI/L") within the Statements of Comprehensive Income:
Three Months EndedSix Months Ended
June 30,June 30,
(in millions)2025202420252024
Derivatives in Cash Flow Hedges
Foreign Exchange Contracts
Amount of gain (loss) recognized in OCL$15 $— $30 $(3)
Amount of loss reclassified from OCL into Revenue2 — 5 — 
Amount of (gain) reclassified from OCL into Cost of revenue(1)(1)(2)— 
Derivatives Net Investment Hedges
Cross-Currency Swaps
Amount of (loss) gain recognized in OCL$(271)$21 $(355)$61 
Amount of income recognized in Interest expense9 8 20 16 
Fair values of foreign exchange contracts
The fair values of our derivative contracts currently included in our hedging program were as follows:
(in millions)June 30,
2025		December 31,
2024
Derivatives designated as hedging instruments
Assets
Cash Flow Hedges
  Prepaid and other current assets$14 $3 
Net Investment Hedges
Other non-current assets$— $50 
Liabilities
Cash Flow Hedges
  Accrued and other current liabilities$— $(15)
Net Investment Hedges
Other non-current accrued liabilities$(333)$(30)