v3.26.1
Supplemental Equity and Comprehensive Income Information (Tables)
3 Months Ended
Mar. 31, 2026
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The table below presents the changes in accumulated other comprehensive income (loss) (“AOCI”), including the reclassifications out of AOCI by component:
Three months ended March 31, 2026
(Millions)Cumulative Translation AdjustmentDefined Benefit Pension and Postretirement PlansCash Flow HedgingTotal Accumulated Other Comprehensive Income (Loss)
Balance at December 31, 2025, net of tax:$(130)$(488)$(8)$(625)
Other comprehensive income (loss), before tax:
Amount of gain (loss) recognized in AOCI(55)— (48)
Amount of gain (loss) reclassified from AOCI— 15 17 
Total other comprehensive income (loss), before tax(55)15 (31)
Tax effect(9)(4)(2)(15)
Total other comprehensive income (loss), net of tax(63)12 (45)
Balance at March 31, 2026, net of tax:
$(193)$(477)$(1)$(670)
Three months ended March 31, 2025
(Millions)Cumulative Translation AdjustmentDefined Benefit Pension and Postretirement PlansCash Flow HedgingTotal Accumulated Other Comprehensive Income (Loss)
Balance at December 31, 2024, net of tax:$(550)$(526)$20 $(1,056)
Other comprehensive income (loss), before tax:
Amount of gain (loss) recognized in AOCI151 — (11)140 
Amount of gain (loss) reclassified from AOCI— 19 (3)16 
Total other comprehensive income (loss), before tax151 19 (14)156 
Tax effect(5)
Total other comprehensive income (loss), net of tax154 14 (11)157 
Balance at March 31, 2025, net of tax:
$(396)$(512)$$(899)