v3.26.1
Accumulated Other Comprehensive Income/Loss
6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Accumulated Other Comprehensive Income/Loss Accumulated Other Comprehensive Income/Loss
Reclassifications out of accumulated other comprehensive income/loss were as follows (net of tax):
MillionsDefined benefit plansForeign currency translationDerivative instruments [a]Total
Balance at April 1, 2026$(428)$(140)$15 $(553)
Other comprehensive income/(loss) before reclassifications(2)(2)(4)
Amounts reclassified from accumulated other comprehensive income/(loss) [b](1)
Net quarter-to-date other comprehensive income/(loss), net of taxes of $0.0 million
(2)(1)(3)
Balance at June 30, 2026$(428)$(142)$14 $(556)
Balance at April 1, 2025$(495)$(241)$16 $(720)
Other comprehensive income/(loss) before reclassifications(2)30 28 
Amounts reclassified from accumulated other comprehensive income/(loss) [b]
Net quarter-to-date other comprehensive income/(loss), net of taxes of ($1.7) million
(2)30 28 
Balance at June 30, 2025$(497)$(211)$16 $(692)
[a]Related to interest rate swaps from equity method investments.
[b]The defined benefit plans accumulated other comprehensive income/loss reclassification components are 1) prior service cost/credit and 2) net actuarial loss, which are both included in the computation of net periodic pension benefit/cost. See Note 5 Retirement Plans for additional details.
Reclassifications out of accumulated other comprehensive income/loss were as follows (net of tax):
MillionsDefined benefit plansForeign currency translation Derivative instruments [a]Total
Balance at January 1, 2026$(427)$(179)$15 $(591)
Other comprehensive income/(loss) before reclassifications(3)37 34 
Amounts reclassified from accumulated other comprehensive income/(loss) [b](1)
Net year-to-date other comprehensive income/(loss), net of taxes of ($0.1) million
(1)37 (1)35 
Balance at June 30, 2026$(428)$(142)$14 $(556)
Balance at January 1, 2025$(498)$(241)$16 $(723)
Other comprehensive income/(loss) before reclassifications30 31 
Amounts reclassified from accumulated other comprehensive income/(loss) [b]
Net year-to-date other comprehensive income/(loss), net of taxes of ($1.9) million
30 31 
Balance at June 30, 2025$(497)$(211)$16 $(692)
[a]Related to interest rate swaps from equity method investments.
[b]The accumulated other comprehensive income/loss reclassification components are 1) prior service cost/credit and 2) net actuarial loss, which are both included in the computation of net periodic pension benefit/cost. See Note 5 Retirement Plans for additional details.