XML 39 R15.htm IDEA: XBRL DOCUMENT
v3.25.1

Other (Income) and Expense | 3 Months Ended
--- | ---
Mar. 31, 2025
Other Income and Expenses [Abstract] |
Other (Income) and Expense | Other (Income) and Expense: Components of other (income) and expense are as follows:
(Dollars in millions) |  |  |  |  |  |  |  |
For the three months ended March 31: |  | 2025 |  | 2024 |  |  |  |
Other (income) and expense: |  |  |  |  |  |  |  |
(Gains)/losses on foreign currency transactions (1) |  | $ | 443 |  |  | $ | (205) |  |  |  |  |
(Gains)/losses on derivative instruments (1) |  | (442) |  |  | 287 |  |  |  |  |
Interest income |  | (191) |  |  | (210) |  |  |  |  |
Net (gains)/losses from securities and investment assets |  | 29 |  |  | (10) |  |  |  |  |
Retirement-related costs/(income) |  | 23 |  |  | 96 |  |  |  |  |
Other (2) |  | (26) |  |  | (274) |  |  |  |  |
Total other (income) and expense |  | $ | (165) |  |  | $ | (317) |  |  |  |  |
(1)The company uses financial hedging instruments to limit specific currency risks related to foreign currency-based transactions. The hedging program does not hedge 100 percent of currency exposures and defers, versus eliminates, the impact of currency. Refer to note 16, “Derivative Financial Instruments,” for additional information on foreign exchange risk. (2)2024 includes a pre-tax gain of $241 million from the divestiture of The Weather Company assets.

X
- References No definition available. + Details
Name: | us-gaap_OtherIncomeAndExpensesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for other income or other expense items (both operating and nonoperating). Sources of nonoperating income or nonoperating expense that may be disclosed, include amounts earned from dividends, interest on securities, profits (losses) on securities, net and miscellaneous other income or income deductions. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 720 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/720/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Topic 610 -Publisher FASB -URI https://asc.fasb.org/610/tableOfContent + Details
Name: | us-gaap_OtherIncomeAndOtherExpenseDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration