The following table summarizes the changes in accumulated other comprehensive income (loss), which is reported as a component of shareholders’ equity:



	Six months ended June 30,
	2025	2024

	(in US $ millions)
Balance, beginning of the period	(10)	4

Other comprehensive (loss) income before reclassifications	15	(11)
Gain on cash flow hedges reclassified from accumulated other comprehensive (loss) income to earnings:

Sales and marketing	1	—
Research and development	4	2
General and administrative	1	—
Tax effect on unrealized gain (loss) on cash flow hedges	(6)	—
Other comprehensive income (loss), net of tax	15	(9)
Balance, end of the period	5	(5)