v3.26.1
Accumulated Other Comprehensive Loss (Tables)
 6 Months Ended
Jun. 30, 2026
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss) The tables below summarize the changes in accumulated other comprehensive loss by component for the three months ended June 30,
2026 and 2025:
Foreign Currency
Translation
Cash Flow
Hedges
Defined Benefit
Pension and
Other
Postretirement
Benefit Plans
Other
Adjustments(1)
Total(2)
Balance at March 31, 2025
$1,306
$13
$511
$(751)
$1,079
Other comprehensive (income) loss
(712)
5
56
—
(651)
Balance at June 30, 2025
$594
$18
$567
$(751)
$428
Balance at March 31, 2026
$539
$16
$597
$(751)
$401
Other comprehensive (income) loss
(93)
1
(10)
—
(102)
Balance at June 30, 2026
$446
$17
$587
$(751)
$299
(1) This relates to a reverse acquisition reserve which arose on the creation of a new parent of the Company prior to the United Kingdom and Ireland listings.
(2) All amounts are net of tax and noncontrolling interests.
The tables below summarize the changes in accumulated other comprehensive loss by component for the six months ended June 30,
2026 and 2025:
Foreign Currency
Translation
Cash Flow
Hedges
Defined Benefit
Pension and
Other
Postretirement
Benefit Plans
Other
Adjustments(1)
Total(2)
Balance at December 31, 2024
$1,684
$16
$497
$(751)
$1,446
Other comprehensive (income) loss
(1,090)
2
70
—
(1,018)
Balance at June 30, 2025
$594
$18
$567
$(751)
$428
Balance at December 31, 2025
$465
$17
$617
$(751)
$348
Other comprehensive (income) loss
(19)
—
(30)
—
(49)
Balance at June 30, 2026
$446
$17
$587
$(751)
$299
(1) This relates to a reverse acquisition reserve which arose on the creation of a new parent of the Company prior to the United Kingdom and Ireland listings.
(2) All amounts are net of tax and noncontrolling interests.
A summary of the components of other comprehensive income, including noncontrolling interests, for the three months ended June 30,
2026, and 2025, is as follows:
Three months ended June 30,
2026
2025
Pre-Tax
Tax
Net of
Tax
Pre-Tax
Tax
Net of
Tax
Foreign currency translation gain
$93
$—
$93
$712
$—
$712
Defined benefit pension and other postretirement benefit plans:
Net actuarial gain (loss) arising during the period
8
(2)
6
(14)
4
(10)
Amortization and settlement recognition of net actuarial loss
7
(2)
5
8
(4)
4
Prior service cost arising during period
—
—
—
(5)
1
(4)
Foreign currency loss - pensions
(1)
—
(1)
(46)
—
(46)
Changes in fair value of cash flow hedges
(1)
—
(1)
(5)
—
(5)
Consolidated other comprehensive income
106
(4)
102
650
1
651
Other comprehensive income attributable to noncontrolling interests
—
—
—
—
—
—
Other comprehensive income attributable to common shareholders
$106
$(4)
$102
$650
$1
$651
A summary of the components of other comprehensive income, including noncontrolling interests, for the six months ended June 30,
2026, and 2025, is as follows:
Six months ended June 30,
2026
2025
Pre-Tax
Tax
Net of
Tax
Pre-Tax
Tax
Net of
Tax
Foreign currency translation gain
$19
$—
$19
$1,090
$—
$1,090
Defined benefit pension and other postretirement benefit plans:
Net actuarial gain (loss) arising during the period
8
(2)
6
(14)
4
(10)
Amortization and settlement recognition of net actuarial loss
16
(4)
12
16
(3)
13
Prior service cost arising during period
—
—
—
(5)
1
(4)
Amortization of prior service credit
—
—
—
(1)
—
(1)
Foreign currency gain (loss) - pensions
12
—
12
(68)
—
(68)
Changes in fair value of cash flow hedges
—
—
—
(2)
—
(2)
Consolidated other comprehensive income
55
(6)
49
1,016
2
1,018
Other comprehensive income attributable to noncontrolling interests
—
—
—
—
—
—
Other comprehensive income attributable to common shareholders
$55
$(6)
$49
$1,016
$2
$1,018