v3.25.2
Accumulated other comprehensive income (loss) (Tables)
 6 Months Ended
Jun. 30, 2025
Equity [Abstract]  
Schedule of accumulated other comprehensive income (loss) Activity within AOCI was as follows:
Three Months Ended June 30,Six Months Ended June 30,
(in millions)2025202420252024
Foreign currency translation adjustments:
Balance at beginning of period$(272)$(210)$(330)$(149)
Foreign currency translation adjustments184 (12)248 (86)
Amounts allocated to Noncontrolling interests and Redeemable noncontrolling interests(20)2 (26)10 
Reallocation due to change in Noncontrolling interest ownership percentage— 1 — 6 
Balance at end of period$(108)$(219)$(108)$(219)
Derivatives:
Balance at beginning of period$41 $113 $57 $115 
Unrealized gain (loss) on foreign currency hedges and interest rate hedges3 10 3 39 
Net amount reclassified from AOCI to net income (loss)(19)(23)(38)(49)
Tax effect2 — 3 — 
Amounts allocated to Noncontrolling interests and Redeemable noncontrolling interests2 1 4 1 
Reallocation due to change in Noncontrolling interest ownership percentage— (1)— (6)
Balance at end of period$29 $100 $29 $100 
Accumulated other comprehensive income (loss)$(79)$(119)$(79)$(119)