v3.26.1
Accumulated Other Comprehensive Income (Loss) (Tables)
6 Months Ended
Jun. 30, 2026
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
A summary of the changes in each component of Accumulated other comprehensive income (loss), net of tax, for the quarters and six months ended June 30, 2026 and 2025 is provided below:

(dollars in millions)Foreign
Currency
Translation
Defined Benefit
Pension and
Postretirement
Plans
Unrealized
Hedging Gains
(Losses)
Accumulated
Other
Comprehensive
Income (Loss)
Quarter Ended June 30, 2026
Balance as of March 31, 2026$(1,001)$(35)$3 $(1,033)
Other comprehensive income (loss) before reclassifications, net50  5 55 
Amounts reclassified, pre-tax  (1)(1)
Tax benefit reclassified    
Balance as of June 30, 2026$(951)$(35)$7 $(979)
Six Months Ended June 30, 2026
Balance as of December 31, 2025$(1,053)$(35)$1 $(1,087)
Other comprehensive income (loss) before reclassifications, net102  8 110 
Amounts reclassified, pre-tax  (2)(2)
Tax benefit reclassified    
Balance as of June 30, 2026$(951)$(35)$7 $(979)

(dollars in millions)Foreign
Currency
Translation
Defined Benefit
Pension and
Postretirement
Plans
Unrealized
Hedging Gains
(Losses)
Accumulated
Other
Comprehensive
Income (Loss)
Quarter Ended June 30, 2025
Balance as of March 31, 2025$(799)$(75)$$(871)
Other comprehensive income (loss) before reclassifications, net(178)— (8)(186)
Amounts reclassified, pre-tax— — 
Tax benefit reclassified— — (1)(1)
Balance as of June 30, 2025$(977)$(75)$(4)$(1,056)
Six Months Ended June 30, 2025
Balance as of December 31, 2024$(672)$(76)$$(745)
Other comprehensive income (loss) before reclassifications, net(305)— (9)(314)
Amounts reclassified, pre-tax— 
Tax benefit reclassified— — (1)(1)
Balance as of June 30, 2025$(977)$(75)$(4)$(1,056)