Shareholders' Equity (Tables)

The following table illustrates the conversion rate per share of Mandatory convertible preferred stock, subject to certain anti-dilution adjustments, based on the applicable market value of the common stock:


Applicable Market Value of Common Stock						Conversion Rate per Share of Mandatory Convertible Preferred Stock
Greater than $171.5854						5.8280 shares of common stock
Equal to or less than $171.5854 but greater than or equal to $142.9797						Between 5.8280 and 6.9940 shares of common stock, determined by dividing $1,000 by the applicable market value
Less than $142.9797						6.9940 shares of common stock

Changes in Accumulated other comprehensive loss (AOCI) by component for the nine and three months ended September 30, 2026 and 2025, were as follows:


	Currency Translation Adjustments	Unrealized Gains and Losses on Certain Investments	Unrealized Gains and Losses on Derivative Instruments	Defined Benefit Pension Plans & Other Postretirement Benefits	Total (1)
Balance at January 1, 2025	($178)	$2	($211)	($10,528)	($10,915)
Other comprehensive income/(loss) before reclassifications	107		181	(2)	286
Amounts reclassified from AOCI			32	53	85
Net current period Other comprehensive income	107		213	51	371
Balance at September 30, 2025	($71)	$2	$2	($10,477)	($10,544)

Balance at January 1, 2026	$64	$2	$88	($10,431)	($10,277)
Other comprehensive (loss)/income before reclassifications	(29)	(1)	45	22	37
Amounts reclassified from AOCI			(10)	238	228
Net current period Other comprehensive (loss)/income	(29)	(1)	35	260	265
Balance at September 30, 2026	$35	$1	$123	($10,171)	($10,012)

Balance at June 30, 2025	($70)	$2	$23	($10,494)	($10,539)
Other comprehensive loss before reclassifications	(1)		(25)		(26)
Amounts reclassified from AOCI			4	17	21
Net current period Other comprehensive (loss)/income	(1)		(21)	17	(5)
Balance at September 30, 2025	($71)	$2	$2	($10,477)	($10,544)

Balance at June 30, 2026	$36	$1	$95	($10,264)	($10,132)
Other comprehensive (loss)/ income before reclassifications	(1)		29	13	41
Amounts reclassified from AOCI			(1)	80	79
Net current period Other comprehensive (loss)/ income	(1)		28	93	120
Balance at September 30, 2026	$35	$1	$123	($10,171)	($10,012)