v3.26.1
Investments in Equity Securities (Tables)
3 Months Ended
Mar. 31, 2026
Equity Method Investments and Joint Ventures [Abstract]  
Investment
The carrying amount of our investments consisted of the following:
(in millions)March 31, 2026December 31, 2025
ABI$8,627 $8,303 
Cronos320 314 
Total$8,947 $8,617 
(Income) losses from our investments in equity securities consisted of the following:
For the Three Months Ended March 31,
(in millions)20262025
ABI (1)
$(159)$(125)
Cronos (1)
1 (18)
(Income) losses from investments in equity securities$(158)$(143)
(1) Includes our share of amounts recorded by our investees and additional adjustments, if required, related to (i) the conversion from international financial reporting standards to GAAP and (ii) adjustments to our investments required under the equity method of accounting.