v3.26.1
Derivatives and Hedging Instruments (Tables)
 6 Months Ended
Jun. 30, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule Location and Amounts of Derivative Fair Values in the Condensed Consolidated Balance Sheets
The following table indicates the location and fair value of derivative assets and liabilities reported in our Condensed Consolidated Balance Sheets, as well as the applicable fair value hierarchy levels. There were no changes in valuation techniques and no transfers between levels 1, 2, or 3 during the periods presented.
Fair Values of Derivative Instruments
June 30, 2026December 31, 2025
In millions
Balance Sheet
Location
Fair Value HierarchyNotional
Amount		Fair
Value		Notional
Amount		Fair
Value
Derivatives designated as hedging instruments
Liabilities:
Interest rate swap contractsOther current liabilitiesLevel 2$(7)$(17)
Interest rate swap contracts Other liabilitiesLevel 2— (7)
Total liabilities$2,000 $(7)$2,000 $(24)
Derivatives not designated as hedging instruments
Foreign currency exchange contracts Other current assetsLevel 2$74 $— $252 $1 
Foreign currency exchange contracts Other current liabilitiesLevel 2$320 $(2)$124 $(1)
Schedule Effects of Derivative Instruments on the Condensed Consolidated Statements of Operations and Condensed Consolidated Statements of Comprehensive Income The effects of derivative instruments on the Condensed Consolidated Statements of Operations and Condensed Consolidated Statements of Comprehensive Income for the three and six months ended June 30, 2026 and 2025 were as follows:
Amount of (Loss) Gain Recognized in Other Comprehensive Income (Loss) on Derivative ContractsAmount of (Gain) Loss Reclassified from AOCI into the Condensed Consolidated Statement of Operations
In millionsThree months ended June 30,Three months ended June 30,
Derivatives in Cash Flow Hedging Relationships20262025Location of (Gain) Loss Reclassified from AOCI into the Condensed Consolidated Statements of Operations20262025
Interest rate swap contracts $4 $(4)Cost of Services$3 $(3)
Interest rate swap contracts$— $— Interest expense$(1)$— 
Amount of (Loss) Gain Recognized in Other Comprehensive Income (Loss) on Derivative ContractsAmount of (Gain) Loss Reclassified from AOCI into the Condensed Consolidated Statement of Operations
In millionsSix months ended June 30,Six months ended June 30,
Derivatives in Cash Flow Hedging Relationships20262025Location of (Gain) Loss Reclassified from AOCI into the Condensed Consolidated Statements of Operations20262025
Interest rate swap contracts $11 $(16)Cost of Services$6 $(15)
Interest rate swap contracts$— 1 Interest Expense$(1)$(1)
Amounts recorded in our Condensed Consolidated Statements of Operations related to fair value changes and settlements of foreign currency forward contracts not designated as hedges for the three and six months ended June 30, 2026 and 2025, were as follows:
Amount of Gain (Loss) Recognized in the Condensed Consolidated Statements of Operations
In millionsThree months ended June 30,Six months ended June 30,
Derivatives not Designated as Hedging InstrumentsLocation of Gain (Loss) Recognized in the Condensed Consolidated Statements of Operations2026202520262025
Foreign exchange contractsOther income (expense), net$9 $(9)$4 $(12)