v3.26.1
OTHER COMPREHENSIVE INCOME (LOSS) (Tables)
 6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The following table presents changes in Accumulated Other Comprehensive Income (Loss) ("AOCL"), net of tax, for the three months and six months ended June 30, 2026 and 2025:
Three Months Ended
June 30		Six Months Ended
June 30
In millions2026202520262025
Defined Benefit Pension and Postretirement Adjustments
Balance at beginning of period$(1,070)$(1,288)$(1,099)$(1,312)
Amounts reclassified from accumulated other comprehensive income (loss)9 16 38 40 
Balance at end of period(1,061)(1,272)(1,061)(1,272)
Change in Cumulative Foreign Currency Translation Adjustments
Balance at beginning of period625 8 630 (402)
Other comprehensive income (loss) before reclassifications(82)645 (90)1,055 
Amounts reclassified from accumulated other comprehensive income (loss)(1)— 2 — 
Balance at end of period542 653 542 653 
Net Gains and Losses on Cash Flow Hedging Derivatives
Balance at beginning of period79 (61)(59)(8)
Other comprehensive income (loss) before reclassifications(45)— 92 (52)
Amounts reclassified from accumulated other comprehensive income (loss)— 8 1 7 
Balance at end of period34 (53)34 (53)
Total Accumulated Other Comprehensive Income (Loss) at End of Period$(485)$(672)$(485)$(672)
Schedule of Reclassification out of Accumulated Other Comprehensive Income
The following table presents details of the reclassifications out of AOCL for the three months and six months ended June 30, 2026 and 2025:

In millions:Amount Reclassified from Accumulated Other Comprehensive Income (Loss)Location of Amount Reclassified from AOCL
Three Months Ended
June 30		Six Months Ended
June 30
2026202520262025
Defined benefit pension and postretirement items:
Prior-service costs$(3)$(4)$(6)$(8)(a)Non-operating pension expense (income)
Actuarial gains (losses)(9)(18)(25)(36)(a)Non-operating pension expense (income)
Settlement charge— — (19)(8)(a)Discontinued operations, net of taxes and Non-operating pension expense (income)
Total pre-tax amount(12)(22)(50)(52)
Tax (expense) benefit3 6 12 12 
Net of tax(9)(16)(38)(40)
Change in cumulative foreign currency translation adjustments:
Business divestitures1 — (2)— Discontinued operations, net of taxes and Net (gains) losses on sales and impairments of businesses
Tax (expense)/benefit— — — — 
Net of tax1 — (2)— 
Net gains and losses on cash flow hedging derivatives:
Interest rate contracts— (1)— (1)(b)Interest expense, net
Commodity contracts— (9)(2)(8)(b)Cost of products sold
Total pre-tax amount— (10)(2)(9)
Tax (expense)/benefit— 2 1 2 
Net of tax— (8)(1)(7)
Total reclassifications for the period$(8)$(24)$(41)$(47)
(a)These accumulated other comprehensive income components are included in the computation of net periodic pension cost (see Note 18 - Retirement Plans for additional details).
(b)This accumulated other comprehensive income component is included in our derivatives and hedging activities (see Note 17 - Derivatives and Hedging Activities for additional details).