v3.26.1
Stockholders' equity (Tables)
 6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Schedule of Components of AOCI
The components of AOCI were as follows (in millions):
Foreign
currency
translation adjustments
Cash flow
hedges		OtherAOCI
Balance as of March 31, 2026
$(207)$(13)$30 $(190)
Foreign currency translation adjustments(22)— — (22)
Unrealized gains— 113 — 113 
Reclassification adjustments into earnings
— 4 — 4 
Other— — (1)(1)
Income taxes— (23)— (23)
Balance as of June 30, 2026
$(229)$81 $29 $(119)
Foreign
currency
translation adjustments
Cash flow
hedges		OtherAOCI
Balance as of December 31, 2025$(202)$(90)$34 $(258)
Foreign currency translation adjustments(27)— — (27)
Unrealized gains— 98 — 98 
Reclassification adjustments into earnings
— 117 — 117 
Other— — (5)(5)
Income taxes— (44)— (44)
Balance as of June 30, 2026
$(229)$81 $29 $(119)
Schedule of Reclassifications Out of AOCI
Reclassifications out of AOCI and into earnings, including related income tax expenses, were as follows (in millions):
Three months ended June 30,Condensed Consolidated
Statements of Income locations
Components of AOCI20262025
Cash flow hedges:
Foreign currency forward contract (losses) gains$(13)$12 Product sales
Cross-currency swap contract gains9 172 Other (expense) income, net
(4)184 Income before income taxes
1 (40)Provision for income taxes
$(3)$144 Net income
Six months ended June 30,Condensed Consolidated
Statements of Income locations
Components of AOCI20262025
Cash flow hedges:
Foreign currency forward contract (losses) gains$(49)$68 Product sales
Cross-currency swap contract (losses) gains(68)255 Other (expense) income, net
(117)323 Income before income taxes
25 (70)Provision for income taxes
$(92)$253 Net income