v3.26.1
Derivative Financial Instruments (Tables)
 6 Months Ended
Jun. 30, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments The most significant foreign currency derivatives are as follows:
(in millions)Notional Value
Sell CurrencyBuy CurrencyJune 30,
2026		December 31,
2025
USDEUR$145 $275 
EURSEK104 226 
GBPEUR58 119 
CADEUR23 44 
CADUSD17 37 
EURPLN13 33 
AUDEUR14 25 
$374 $759 
Effect of derivative financial instruments
The table below presents the effect of our derivative financial instruments on the Condensed Consolidated Income Statements and Statements of Comprehensive Income. Items in the table below reflect changes in "Other comprehensive income (loss)" ("OCI/L") within the Statements of Comprehensive Income:
Three Months EndedSix Months Ended
June 30,June 30,
(in millions)2026202520262025
Derivatives in Cash Flow Hedges
Foreign Exchange Contracts
Amount of (loss)/gain recognized in OCI/L$(4)$15 $(12)$30 
Amount of loss/(gain) reclassified from OCI/L into Revenue1 2 (2)5 
Amount of gain reclassified from OCI/L into Cost of revenue(2)(1)(4)(2)
Derivatives Net Investment Hedges
Cross-Currency Swaps
Amount of gain/(loss) recognized in OCI/L$15 $(271)$85 $(355)
Amount of income recognized in Interest expense15 9 28 20 
Fair values of foreign exchange contracts
The fair values of our derivative contracts currently included in our hedging program were as follows:
(in millions)June 30,
2026		December 31,
2025
Derivatives designated as hedging instruments
Assets
Cash Flow Hedges
  Prepaid and other current assets$— $7 
Net Investment Hedges
Other non-current assets$6 $— 
Liabilities
Cash Flow Hedges
  Accrued and other current liabilities$(8)$(2)
Net Investment Hedges
Other non-current accrued liabilities$(233)$(317)