Accumulated Other Comprehensive (Loss) Income (AOCI) (Tables)

6 Months Ended

Jun. 30, 2026

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)


Three Months 2026	Pension Plans	Hedges	Financial Statement Translation	Total
Beginning	$69	$24	$(676)	$(583)
OCI	2	(3)	22	21
Income taxes	—	—	4	4
Reclassifications to:
Cost of sales	—	(11)	—	(11)
Interest expense	—	(1)	—	(1)
Other income	(2)	—	(10)	(12)
Income taxes	1	2	3	6
Net OCI	$1	$(13)	$19	$7
Ending	$70	$11	$(657)	$(576)


Three Months 2025	Pension Plans	Hedges	Financial Statement Translation	Total
Beginning	$4	$17	$(430)	$(409)
OCI	3	22	(425)	(400)
Income taxes	(1)	(3)	62	58
Reclassifications to:
Cost of sales	—	(3)	—	(3)
Interest expense	—	—	—	—
Other income	—	—	(11)	(11)
Income taxes	—	1	2	3
Net OCI	$2	$17	$(372)	$(353)
Ending	$6	$34	$(802)	$(762)


Six Months 2026	Pension Plans	Hedges	Financial Statement Translation	Total
Beginning	$70	$42	$(799)	$(687)
OCI	1	(10)	156	147
Income taxes	1	1	1	3
Reclassifications to:
Cost of sales	—	(24)	—	(24)
Interest expense	—	(2)	—	(2)
Other income	(3)	—	(20)	(23)
Income taxes	1	4	5	10
Net OCI	$—	$(31)	$142	$111
Ending	$70	$11	$(657)	$(576)


Six Months 2025	Pension Plans	Hedges	Financial Statement Translation	Total
Beginning	$4	$31	$(328)	$(293)
OCI	3	6	(585)	(576)
Income taxes	(1)	1	128	128
Reclassifications to:
Cost of sales	—	(5)	—	(5)
Interest expense	—	(1)	—	(1)
Other income	—	—	(22)	(22)
Income taxes	—	2	5	7
Net OCI	$2	$3	$(474)	$(469)
Ending	$6	$34	$(802)	$(762)

Reclassification out of Accumulated Other Comprehensive Income


Three Months 2026	Pension Plans	Hedges	Financial Statement Translation	Total
Beginning	$69	$24	$(676)	$(583)
OCI	2	(3)	22	21
Income taxes	—	—	4	4
Reclassifications to:
Cost of sales	—	(11)	—	(11)
Interest expense	—	(1)	—	(1)
Other income	(2)	—	(10)	(12)
Income taxes	1	2	3	6
Net OCI	$1	$(13)	$19	$7
Ending	$70	$11	$(657)	$(576)


Three Months 2025	Pension Plans	Hedges	Financial Statement Translation	Total
Beginning	$4	$17	$(430)	$(409)
OCI	3	22	(425)	(400)
Income taxes	(1)	(3)	62	58
Reclassifications to:
Cost of sales	—	(3)	—	(3)
Interest expense	—	—	—	—
Other income	—	—	(11)	(11)
Income taxes	—	1	2	3
Net OCI	$2	$17	$(372)	$(353)
Ending	$6	$34	$(802)	$(762)


Six Months 2026	Pension Plans	Hedges	Financial Statement Translation	Total
Beginning	$70	$42	$(799)	$(687)
OCI	1	(10)	156	147
Income taxes	1	1	1	3
Reclassifications to:
Cost of sales	—	(24)	—	(24)
Interest expense	—	(2)	—	(2)
Other income	(3)	—	(20)	(23)
Income taxes	1	4	5	10
Net OCI	$—	$(31)	$142	$111
Ending	$70	$11	$(657)	$(576)


Six Months 2025	Pension Plans	Hedges	Financial Statement Translation	Total
Beginning	$4	$31	$(328)	$(293)
OCI	3	6	(585)	(576)
Income taxes	(1)	1	128	128
Reclassifications to:
Cost of sales	—	(5)	—	(5)
Interest expense	—	(1)	—	(1)
Other income	—	—	(22)	(22)
Income taxes	—	2	5	7
Net OCI	$2	$3	$(474)	$(469)
Ending	$6	$34	$(802)	$(762)