The following tables summarize the basis used to measure certain assets and liabilities at fair value on a recurring basis:


Basis of Fair Value Measurements on a Recurring Basis of Significant Other Observable Inputs (Level 2)	March 31, 2026		December 31, 2025
In millions
Assets at fair value:
Cash equivalents 1	$	109	$	143

Derivatives relating to: 2


Foreign currency contracts 3	4		16
Total assets at fair value	$	113	$	159
Liabilities at fair value:

Derivatives relating to: 2


Foreign currency contracts 3	17		2
Total liabilities at fair value	$	17	$	2

1. Time deposits included in "Cash and cash equivalents" in the interim Condensed Consolidated Balance Sheets are held at amortized cost, which approximates fair value.

3. Asset and liability derivatives subject to an enforceable master netting arrangement with the same counterparty are presented on a net basis in the interim Condensed Consolidated Balance Sheets. The offsetting counterparty and cash collateral netting amounts for foreign currency contracts were $2 million and zero respectively, for both assets and liabilities as of March 31, 2026. The offsetting counterparty and cash collateral netting amounts were $2 million and zero, respectively, for assets and liabilities as of December 31, 2025.