v3.25.4
Accumulated other comprehensive loss
 12 Months Ended
Dec. 31, 2025
Equity [Abstract]  
Accumulated other comprehensive loss Accumulated other comprehensive loss
The changes in the balances for each component of Accumulated other comprehensive loss, net of tax, were
as follows:
(In millions)
Foreign Currency
Translation
Adjustment
Cash Flow
Hedges
Defined Benefit
Pension and Other
Postretirement
Benefit Plans
Total
Balance as of January 1, 2023
$(382)
$3
$7
$(372)
Other comprehensive income (loss) before
reclassifications
92
17
(44)
65
Amounts reclassified from Accumulated other
comprehensive income (loss) to Net income
—
(36)
26
(10)
Net current-period Other comprehensive income (loss)
92
(19)
(18)
55
Balance as of December 31, 2023
(290)
(16)
(11)
(317)
Other comprehensive income (loss) before
reclassifications
(344)
28
2
(314)
Amounts reclassified from Accumulated other
comprehensive income (loss) to Net income
—
(19)
44
25
Net current-period Other comprehensive income (loss)
(344)
9
46
(289)
Balance as of December 31, 2024
(634)
(7)
35
(606)
Other comprehensive income (loss) before
reclassifications
203
11
7
221
Amounts reclassified from Accumulated other
comprehensive income (loss) to Net income
—
(5)
(3)
(8)
Net current-period Other comprehensive income (loss)
203
6
4
213
Unrecognized gain transferred from Holcim pension
—
—
2
2
Balance as of December 31, 2025
$(431)
$(1)
$41
$(391)
The following amounts were reclassified from Accumulated other comprehensive loss to Net Income:
For the years ended December 31,
(In millions)
2025
2024
2023
Net change in fair value of effective portion of cash flow hedges
Cost of revenues
$(7)
$(26)
$(48)
Income tax expense
2
7
12
Total
$(5)
$(19)
$(36)
Actuarial losses and prior service costs for defined benefit
pension plans and other postretirement benefit plans
Other non-operating (income) expense, net
$(4)
$58
$34
Income tax expense (benefit)
1
(14)
(8)
Total
$(3)
$44
$26
Total amounts reclassified from Accumulated other
comprehensive income (loss) to Net income
$(8)
$25
$(10)
The Company releases tax effects from Accumulated other comprehensive loss when the underlying items
affect earnings.