v3.25.2
Accumulated Other Comprehensive Income (Loss) (Tables)
 6 Months Ended
Jun. 30, 2025
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss) Changes in the balances for each component of AOCI were as follows:
(Millions of dollars)Three Months Ended
June 30,		Six Months Ended
June 30,
2025202420252024
Foreign currency translation
Balance at beginning of period$(1,168)$(1,117)$(1,256)$(996)
Gains (losses) on foreign currency translation222 (36)310 (146)
Less: Tax provision/(benefit)— 4 — 15 
Net gains (losses) on foreign currency translation222 (40)310 (161)
(Gains) losses reclassified to earnings— 61 — 61 
Less: Tax provision/(benefit)— — — — 
Net (gains) losses reclassified to earnings— 61 — 61 
Other comprehensive income (loss), net of tax222 21 310 (100)
Balance at end of period$(946)$(1,096)$(946)$(1,096)
Derivative financial instruments
Balance at beginning of period$12 $16 $24 $18 
Gains (losses) deferred64 74 58 182 
Less: Tax provision/(benefit)17 18 16 46 
Net gains (losses) deferred47 56 42 136 
(Gains) losses reclassified to earnings(74)(75)(83)(186)
Less: Tax (provision)/benefit(20)(17)(22)(46)
Net (gains) losses reclassified to earnings(54)(58)(61)(140)
Other comprehensive income (loss), net of tax(7)(2)(19)(4)
Balance at end of period$5 $14 $5 $14 
Total Accumulated other comprehensive income (loss) at end of period$(941)$(1,082)$(941)$(1,082)