OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

3 Months Ended

Mar. 31, 2026

Schedule of Accumulated Other Comprehensive Loss

The following table presents changes in Accumulated Other Comprehensive Loss ("AOCL"), net of tax, for the three months ended March 31, 2026 and 2025:


	Three Months Ended March 31,
In millions	2026		2025
Defined Benefit Pension and Postretirement Adjustments
Balance at beginning of period	$	(1,099)	$	(1,312)
Amounts reclassified from accumulated other comprehensive income (loss)	29		24
Balance at end of period	(1,070)		(1,288)
Change in Cumulative Foreign Currency Translation Adjustments
Balance at beginning of period	630		(402)
Other comprehensive income (loss) before reclassifications	(8)		410
Amounts reclassified from accumulated other comprehensive income (loss)	3		—
Balance at end of period	625		8
Net Gains and Losses on Cash Flow Hedging Derivatives
Balance at beginning of period	(59)		(8)
Other comprehensive income (loss) before reclassifications	137		(52)
Amounts reclassified from accumulated other comprehensive income (loss)	1		(1)
Balance at end of period	79		(61)
Total Accumulated Other Comprehensive Income (Loss) at End of Period	$	(366)	$	(1,341)

Schedule of Reclassification out of Accumulated Other Comprehensive Income

The following table presents details of the reclassifications out of AOCL for the three months ended March 31, 2026 and 2025:


In millions:	Amount Reclassified from Accumulated Other Comprehensive Income (Loss)					Location of Amount Reclassified from AOCL
	Three Months Ended March 31,
	2026		2025
Defined benefit pension and postretirement items:
Prior-service costs	$	(3)	$	(4)	(a)	Non-operating pension expense (income)
Actuarial gains (losses)	(16)		(18)		(a)	Non-operating pension expense (income)
Settlement charge	(19)		(8)		(a)	Discontinued operations, net of taxes and Non-operating pension expense (income)
Total pre-tax amount	(38)		(30)
Tax (expense) benefit	9		6
Net of tax	(29)		(24)

Change in cumulative foreign currency translation adjustments:
Business divestitures	(3)		—			Discontinued operations, net of taxes
Tax (expense)/benefit	—		—
Net of tax	(3)		—

Net gains and losses on cash flow hedging derivatives:

Commodity contracts	(2)		1		(b)	Cost of products sold
Total pre-tax amount	(2)		1
Tax (expense)/benefit	1		—
Net of tax	(1)		1
Total reclassifications for the period	$	(33)	$	(23)

(a)These accumulated other comprehensive income components are included in the computation of net periodic pension cost (see Note 18 - Retirement Plans for additional details).

(b)This accumulated other comprehensive income component is included in our derivatives and hedging activities (see Note 17 - Derivatives and Hedging Activities for additional details).