v3.25.2
Accumulated Other Comprehensive Loss (Tables)
 6 Months Ended
Jun. 30, 2025
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Income (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)