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



	Years ended
	December 31, 2025	December 31, 2024	December 31, 2023

	(in US $ millions)
Balance, beginning of the year	(10)	4	(16)

Other comprehensive income (loss) before reclassifications	9	(27)	7
Gain on cash flow hedges reclassified from accumulated other comprehensive income (loss) to earnings:

Sales and marketing	1	2	3
Research and development	4	5	9
General and administrative	1	1	1
Tax effect on unrealized gain (loss) on cash flow hedges	(4)	5	—
Other comprehensive income (loss), net of tax	11	(14)	20
Balance, end of the year	1	(10)	4