v3.26.1
Financial Instruments (Tables)
 12 Months Ended
Dec. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Foreign Exchange Contracts Gross Notional values
The following is a summary of the primary hedging positions and corresponding fair values as of December 31, 2025:
Year Ended December 31,
20252024
Currencies Hedged (Buy/Sell)Gross Notional
Value
Fair Value
Asset (Liability)(1)
Gross Notional
Value
Fair Value
Asset (Liability)(1)
Euro/U.S. Dollar$1,195 $1 $212 $(1)
U.S. Dollar/Euro289 — 342 3 
Euro/U.K Pound Sterling134 — 337 1 
Chinese Yuan/U.S. Dollar134 — — — 
Mexican Peso/U.S. Dollar121 — — — 
Philippine Peso/U.S Dollar115 — — — 
Japanese Yen/U.S. Dollar100 (3)104 (5)
U.K Pound Sterling/U.S. Dollar67 — — — 
Swiss Franc/U.S. Dollar62 — — — 
U.S Dollar/Canadian Dollar52 — 194 — 
Hong Kong Dollar/ U.S. Dollar51 — — — 
Swiss Franc /Euro30 — 19 — 
Japanese Yen/Euro24 (1)52 (1)
U.K. Pound Sterling/Euro14 — 67 — 
Canadian Dollar/Euro21 — 19 — 
All Other247 — 64 — 
Total Foreign exchange hedging$2,656 $(3)$1,410 $(3)
_____________
(1)Represents the net receivable (payable) amount included in the Consolidated Balance Sheet at December 31, 2025 and 2024.
Schedule of Cash Flow Hedges Gain (Loss)
The following table provide a summary of gains (losses) on derivative instruments:
 
Derivative (Loss) Gain Recognized in OCI (Effective Portion)(Loss) Gain Reclassified from AOCL to Income (Effective Portion)
Derivatives in Cash Flow
Hedging Relationships		Year Ended December 31,Location of Derivative
(Loss) Gain Reclassified
from AOCL into Income
(Effective Portion)		Year Ended December 31,
202520242023202520242023
Foreign exchange contracts – forwards/options$(11)$(6)$(17)Cost of sales$(4)$(9)$(22)
Interest rate contracts(4)6 (1)Interest expense— (1)4 
Total$(15)$— $(18)$(4)$(10)$(18)
Schedule of Derivatives not Designated as Hedging Instruments Gains (Losses)
The following table provides a summary of gains (losses) on non-designated derivative instruments:
 Year Ended December 31,
Derivatives NOT Designated as Hedging InstrumentsLocation of Derivative Gain202520242023
Foreign exchange contracts – forwardsOther expense – Currency gains (losses), net$(8)$24 $26