v3.26.1
Accumulated Other Comprehensive Loss
6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Accumulated Other Comprehensive Loss

4. Accumulated Other Comprehensive Loss

The components of accumulated other comprehensive loss are as follows (in millions):

 

 

 

 

 

Derivative

 

 

Employee

 

 

 

 

 

 

Currency

 

 

Financial

 

 

Benefit

 

 

 

 

 

 

Translation

 

 

Instruments,

 

 

Plans,

 

 

 

 

 

 

Adjustments

 

 

Net of Tax

 

 

Net of Tax

 

 

Total

 

Balance at December 31, 2025

 

$

(1,375

)

 

$

2

 

 

$

(51

)

 

$

(1,424

)

Accumulated other comprehensive loss before reclassifications

 

 

(3

)

 

 

 

 

 

 

 

 

(3

)

Amounts reclassified from accumulated other comprehensive loss

 

 

 

 

 

(5

)

 

 

2

 

 

 

(3

)

Balance at June 30, 2026

 

$

(1,378

)

 

$

(3

)

 

$

(49

)

 

$

(1,430

)

The components of amounts reclassified from accumulated other comprehensive loss during the three and six months ended June 30, 2026 represent gains and losses reclassified on cash flow hedges when the hedged transaction occurs (see Note 11 to the Consolidated Financial Statements for further discussion) and the amortization of net actuarial gains and losses, prior service credits, settlements, and curtailments, which are included in the computation of net periodic pension cost.