ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

6 Months Ended

Jun. 30, 2026

Schedule of Tax Effects on Components of Other Comprehensive Income (Loss)


	Three Months Ended June 30, 2026						Six Months Ended June 30, 2026
	Gross Amount		Income Taxes		Net Amount		Gross Amount		Income Taxes		Net Amount
Unrealized loss on cash flow hedges	$	(23)	$	4	$	(19)	$	(69)	$	13	$	(56)
Changes in retirement plans' funded status	4		(1)		3		7		(1)		6
Foreign currency translation	22		—		22		125		—		125
Share of other comprehensive loss of entities using the equity method	(1)		—		(1)		(6)		—		(6)
Other comprehensive income	$	2	$	3	$	5	$	57	$	12	$	69


	Three Months Ended June 30, 2025						Six Months Ended June 30, 2025
	Gross Amount		Income Taxes		Net Amount		Gross Amount		Income Taxes		Net Amount
Unrealized gain on cash flow hedges	$	15	$	1	$	16	$	4	$	5	$	9
Changes in retirement plans' funded status	(3)		—		(3)		(6)		1		(5)
Foreign currency translation	(59)		—		(59)		—		—		—
Share of other comprehensive income of entities using the equity method	18		—		18		28		—		28
Other comprehensive income (loss)	$	(29)	$	1	$	(28)	$	26	$	6	$	32

Schedule of Changes in Other Comprehensive Income (Loss)

The changes, net of tax, in each component of "Accumulated other comprehensive income (loss)" consisted of the following:


	Unrealized Gains (Loss) on Cash Flow Hedges		Change in Retirement Plans' Funded Status		Foreign Currency Translation		Share of Other Comprehensive Income (Loss) of Entities Using the Equity Method		Total
Balance as of December 31, 2025	$	27	$	(315)	$	(2,236)	$	(243)	$	(2,767)
Other comprehensive income (loss), before reclassifications	(63)		1		126		(6)		58
Amounts reclassified from comprehensive income	7		5		—		—		12
Other comprehensive income (loss)(1)	(56)		6		126		(6)		70
Balance as of June 30, 2026	$	(29)	$	(309)	$	(2,110)	$	(249)	$	(2,697)

Balance as of December 31, 2024	$	72	$	(348)	$	(2,170)	$	(266)	$	(2,712)
Other comprehensive income (loss), before reclassifications	9		(5)		(8)		28		24
Amounts reclassified from comprehensive income	1		—		—		—		1
Other comprehensive income (loss)(1)	10		(5)		(8)		28		25
Balance as of June 30, 2025	$	82	$	(353)	$	(2,178)	$	(238)	$	(2,687)

(1)Excluded from the table above is other comprehensive income (loss) allocated to noncontrolling interests of $(1) million and $7 million for the six months ended June 30, 2026 and 2025, respectively.