Accumulated other comprehensive income or loss (“AOCI”) represents the cumulative balance of other comprehensive income, net of tax, as of the balance sheet date. For the Company, AOCI is composed of adjustments related to pension and other postretirement benefit plans, derivatives designated as hedges, and foreign currency translation adjustments. Changes in the AOCI balances for the three and six months ended June 30, 2026 and 2025 by component are shown in the following tables:


(In millions)	Pension and Other Postretirement Benefits (1)		Derivatives Designated as Hedges (1)		Foreign Currency Translation and Other (1)		Total (1)
Beginning balance, December 31, 2025	$	(7)	$	(18)	$	306	$	281
Other comprehensive income before reclassification	—		(1)		(13)		(14)
Amounts reclassified from accumulated other comprehensive income	—		(1)		(4)		(5)
Balance, March 31, 2026	(7)		(20)		289		262
Other comprehensive income (loss) before reclassification	—		4		(15)		(11)
Amounts reclassified from accumulated other comprehensive income	—		(2)		(5)		(7)
Ending balance, June 30, 2026	$	(7)	$	(18)	$	269	$	244

Reclassification adjustments from AOCI into earnings for pension and other postretirement benefit plans for the three and six months ended June 30, 2026 were immaterial. Reclassification adjustments for derivatives designated as hedges were $2 million and $4 million of benefit for the three- and six-month periods, respectively. Reclassification adjustments for foreign currency translation related to net investment hedges were $4 million of benefit for both the three and six months ended June 30, 2026. All amounts are presented net of tax.


(In millions)	Pension and Other Postretirement Benefits (1)		Derivatives Designated as Hedges (1)		Foreign Currency Translation		Total (1)
Beginning balance, December 31, 2024	$	(113)	$	2	$	(113)	$	(224)
Other comprehensive income (loss) before reclassification	2		(17)		154		139
Amounts reclassified from accumulated other comprehensive income	110		(3)		—		107
Balance, March 31, 2025	(1)		(18)		41		22
Other comprehensive income (loss) before reclassification	—		(1)		269		268
Amounts reclassified from accumulated other comprehensive income	—		(3)		—		(3)
Ending balance, June 30, 2025	$	(1)	$	(22)	$	310	$	287

Reclassification adjustments from AOCI into earnings for pension and other postretirement benefit plans for the six months ended June 30, 2025 were $147 million of charges to pension expense, other than service cost, net of $37 million in benefit for income taxes. Reclassification adjustments for derivatives designated as hedges for the same period were $5 million of benefit, including $2 million recognized in interest expense and $3 million recognized in other income, net of related income tax effects. There were no reclassification adjustments related to foreign currency translation for the six months ended June 30, 2025.