Other Income/(Loss), Net |
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Other Income and Expenses [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Other Income/(Loss), Net | Note 16 — Other Income/(Loss), Net
Other income/(loss), net consists of the following:
(i) For the three and nine months ended September 30, 2026, includes a preliminary $37 million non-cash revaluation gain related to an acquisition completed in stages. See Note 3 — Acquisitions and Divestitures. (ii) For the three and nine months ended September 30, 2026, includes a pension settlement gain of $11 million, and for the nine months ended September 30, 2025, includes a pension settlement charge of $82 million. See Note 12 — Retirement Benefits. (iii) Includes the offsetting effects of the Company's foreign currency hedging program. See Note 9 — Derivative Financial Instruments. |
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