v3.25.2
Accumulated Other Comprehensive Loss
 6 Months Ended
Jun. 30, 2025
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Loss 18.  Accumulated Other Comprehensive Loss
The tables below summarize the changes in accumulated other comprehensive loss by component for the three months ended June 30,
2025 and 2024:
Foreign
Currency
Translation
Cash Flow
Hedges
Defined Benefit
Pension and
Postretirement
Plans
Other Reserves(1)
Total(2)
Balance at March 31, 2024
$905
$19
$777
$(751)
$950
Other comprehensive loss (income)
151
(6)
(24)
—
121
Balance at June 30, 2024
$1,056
$13
$753
$(751)
$1,071
Balance at March 31, 2025
$1,306
$13
$511
$(751)
$1,079
Other comprehensive (income) loss
(712)
5
56
—
(651)
Balance at June 30, 2025
$594
$18
$567
$(751)
$428
(1) This relates to a reverse acquisition reserve which arose on the creation of a new parent of the Company prior to the United
Kingdom and Ireland listings.
(2) All amounts are net of tax and noncontrolling interest.
18.  Accumulated Other Comprehensive Loss - continued
The tables below summarize the changes in accumulated other comprehensive loss by component for the six months ended June 30,
2025 and 2024:
Foreign
Currency
Translation
Cash Flow
Hedges
Defined Benefit
Pension and
Postretirement
Plans
Other Reserves(1)
Total(2)
Balance at December 31, 2023
$789
$16
$793
$(751)
$847
Other comprehensive loss (income)
267
(3)
(40)
—
224
Balance at June 30, 2024
$1,056
$13
$753
$(751)
$1,071
Balance at December 31, 2024
$1,684
$16
$497
$(751)
$1,446
Other comprehensive (income) loss
(1,090)
2
70
—
(1,018)
Balance at June 30, 2025
$594
$18
$567
$(751)
$428
(1) This relates to a reverse acquisition reserve which arose on the creation of a new parent of the Company prior to the United
Kingdom and Ireland listings.
(2) All amounts are net of tax and noncontrolling interest.
A summary of the components of other comprehensive income (loss), including noncontrolling interest, for the three months ended
June 30, 2025, and 2024, is as follows:
Three months ended June 30,
2025
2024
Pre-Tax
Tax
Net of
Tax
Pre-Tax
Tax
Net of
Tax
Foreign currency translation gain (loss)
$712
$—
$712
$(151)
$—
$(151)
Defined benefit pension and other post-retirement benefit plans:
Net actuarial loss arising during period
(14)
4
(10)
—
—
—
Amortization and settlement recognition of net actuarial loss
8
(4)
4
29
(8)
21
Prior service cost arising during period
(5)
1
(4)
—
—
—
Foreign currency (loss) gain - pensions
(46)
—
(46)
3
—
3
Derivatives:
Changes in fair value of cash flow hedges
(5)
—
(5)
6
—
6
Consolidated other comprehensive income (loss)
650
1
651
(113)
(8)
(121)
Less: Other comprehensive (income) loss attributable to noncontrolling interests
—
—
—
—
—
—
Other comprehensive income (loss) attributable to common shareholders
$650
$1
$651
$(113)
$(8)
$(121)
18.  Accumulated Other Comprehensive Loss - continued
A summary of the components of other comprehensive income (loss), including noncontrolling interest, for the six months ended
June 30, 2025, and 2024, is as follows:
Six months ended June 30,
2025
2024
Pre-Tax
Tax
Net of
Tax
Pre-Tax
Tax
Net of
Tax
Foreign currency translation gain (loss)
$1,090
$—
$1,090
$(267)
$—
$(267)
Defined benefit pension and other post-retirement benefit plans:
Net actuarial loss arising during period
(14)
4
(10)
(1)
—
(1)
Amortization and settlement recognition of net actuarial loss
16
(3)
13
39
(11)
28
Prior service cost arising during period
(5)
1
(4)
—
—
—
Amortization of prior service credit
(1)
—
(1)
—
—
—
Foreign currency (loss) gain - pensions
(68)
—
(68)
13
—
13
Derivatives:
Changes in fair value of cash flow hedges
(2)
—
(2)
3
—
3
Consolidated other comprehensive income (loss)
1,016
2
1,018
(213)
(11)
(224)
Less: Other comprehensive (income) loss attributable to noncontrolling interests
—
—
—
—
—
—
Other comprehensive income (loss) attributable to common shareholders
$1,016
$2
$1,018
$(213)
$(11)
$(224)