13. Accumulated other comprehensive loss The changes in the balances for each component of Accumulated other comprehensive loss, net of tax, were: | | | | | | | | | | | | | | | | in $ millions | Currency Translation | Cash Flow
Hedges | Pension and Other Postretirement Plans | Total | | Balance as of March 31, 2026 | (288) | (42) | (23) | (353) | | Other comprehensive income before reclassifications | 40 | 8 | 1 | 49 | | Amounts reclassified from Accumulated other comprehensive loss | (53) | (12) | (10) | (75) | | Net current-period other comprehensive (loss) | (13) | (4) | (9) | (26) | | Other comprehensive loss attributable to noncontrolling interests | 3 | – | – | 3 | | Balance as of June 30, 2026 | (298) | (46) | (32) | (376) | | | | | | | Balance as of December 31, 2025 | (187) | (48) | (22) | (257) | | Other comprehensive (loss) income before reclassifications | (49) | 16 | 2 | (31) | | Amounts reclassified from Accumulated other comprehensive loss | (53) | (14) | (12) | (79) | | Net current-period other comprehensive (loss) income | (102) | 2 | (10) | (110) | | Other comprehensive (income) attributable to noncontrolling interests | (9) | – | – | (9) | | Balance as of June 30, 2026 | (298) | (46) | (32) | (376) | | | | | | | Balance as of March 31, 2025 | (627) | (86) | (93) | (806) | | Other comprehensive income (loss) before reclassifications | 519 | (11) | – | 508 | | Amounts reclassified from Accumulated other comprehensive loss | (8) | 1 | (9) | (16) | | Net current-period other comprehensive income (loss) | 511 | (10) | (9) | 492 | | Other comprehensive (income) attributable to noncontrolling interests | (31) | – | – | (31) | | Balance as of June 30, 2025 | (147) | (96) | (102) | (345) | | | | | | | Balance as of December 31, 2024 | (856) | (63) | (86) | (1,005) | | Other comprehensive income (loss) before reclassifications | 783 | (32) | – | 751 | | Amounts reclassified from Accumulated other comprehensive loss | (34) | (1) | (16) | (51) | | Net current-period other comprehensive income (loss) | 749 | (33) | (16) | 700 | | Other comprehensive (income) attributable to noncontrolling interests | (40) | – | – | (40) | | Balance as of June 30, 2025 | (147) | (96) | (102) | (345) |
The amounts reclassified from Accumulated other comprehensive loss to income were: | | | | | | | | | | | | | | | | Three months ended | Six months ended | | June 30 | June 30 | | in $ millions | 2026 | 2025 | 2026 | 2025 | | Cash flow hedges | | | | | | Cost of product revenues | (16) | 1 | (18) | (1) | | Income tax expense | 4 | – | 4 | – | | Total | (12) | 1 | (14) | (1) | | Pension and other postretirement plans | | | | | | Other nonoperating income, net | (12) | (9) | (14) | (17) | | Income tax expense | 2 | – | 2 | 1 | | Total | (10) | (9) | (12) | (16) | | Reclassifications from Accumulated other comprehensive loss to income | (22) | (8) | (26) | (17) |
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