v3.26.1
Derivative and Other Financial Instruments - Schedule of Cash Flow Hedges (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2026
Jun. 30, 2025
Derivative Instruments, Gain (Loss) [Line Items]            
Amount of gain/(loss) recognized in OCI $ (7)   $ 2   $ 6 $ 0
Net sales 3,668   3,149   6,927 6,036
Cost of products sold, excluding depreciation and amortization (2,920)   (2,436)   (5,535) (4,698)
Income from operations before taxes and equity in net earnings of affiliates 365   293   640 565
Provision for income taxes (89)   (78)   (159) (124)
Net income 276 $ 206 216 $ 227 482 443
Derivatives in Cash Flow Hedges | Designated as Hedging Instrument | Reclassification out of Accumulated Other Comprehensive Income            
Derivative Instruments, Gain (Loss) [Line Items]            
Income from operations before taxes and equity in net earnings of affiliates 10   3   12 3
Provision for income taxes (6)   (1)   (7) (1)
Net income 4   2   5 2
Commodities            
Derivative Instruments, Gain (Loss) [Line Items]            
Amount of gain/(loss) recognized in OCI (5)   2   8 (1)
Commodities | Derivatives in Cash Flow Hedges | Designated as Hedging Instrument | Reclassification out of Accumulated Other Comprehensive Income            
Derivative Instruments, Gain (Loss) [Line Items]            
Net sales (15)   7   (35) 4
Cost of products sold, excluding depreciation and amortization 26   (4)   49 0
Foreign Exchange            
Derivative Instruments, Gain (Loss) [Line Items]            
Amount of gain/(loss) recognized in OCI (2)   0   (2) 1
Foreign Exchange | Derivatives in Cash Flow Hedges | Designated as Hedging Instrument | Reclassification out of Accumulated Other Comprehensive Income            
Derivative Instruments, Gain (Loss) [Line Items]            
Cost of products sold, excluding depreciation and amortization $ (1)   $ 0   $ (2) $ (1)