v3.26.1
Accumulated other comprehensive income (loss) (Tables)
6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss) Activity within AOCI was as follows:
Three Months Ended June 30,Six Months Ended June 30,
(in millions)2026202520262025
Foreign currency translation adjustments:
Balance at beginning of period$(128)$(272)$(99)$(330)
Foreign currency translation adjustments(31)184 (64)248 
Amounts allocated to Noncontrolling interests and Redeemable noncontrolling interests(20)(26)
Balance at end of period$(156)$(108)$(156)$(108)
Derivatives:
Balance at beginning of period$$41 $$57 
Unrealized gain (loss) on interest rate hedges and foreign currency hedges16 
Net amount reclassified from AOCI to net income (loss)(2)(19)(4)(38)
Tax effect(1)(1)
Amounts allocated to Noncontrolling interests and Redeemable noncontrolling interests— (1)
Balance at end of period$12 $29 $12 $29 
Accumulated other comprehensive income (loss)$(144)$(79)$(144)$(79)