v3.26.1
Accumulated other comprehensive loss (Tables)
6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The changes in the balances for each component of Accumulated other comprehensive loss, net of tax, were:
in $ millionsCurrency TranslationCash Flow
Hedges
Pension and Other Postretirement PlansTotal
Balance as of March 31, 2026(288)(42)(23)(353)
Other comprehensive income before reclassifications408149
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 interests33
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)162(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 reclassifications519(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 reclassifications783(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)
Reclassification out of Accumulated Other Comprehensive Income
The amounts reclassified from Accumulated other comprehensive loss to income were:
Three months endedSix months ended
June 30June 30
in $ millions2026202520262025
Cash flow hedges
Cost of product revenues(16)1(18)(1)
Income tax expense44
Total(12)1(14)(1)
Pension and other postretirement plans
Other nonoperating income, net(12)(9)(14)(17)
Income tax expense221
Total(10)(9)(12)(16)
Reclassifications from Accumulated other comprehensive loss to income(22)(8)(26)(17)