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Accumulated Other Comprehensive Income (Loss) | 9 Months Ended
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Sep. 30, 2025
Equity [Abstract] |
Accumulated Other Comprehensive Income (Loss) | Accumulated Other Comprehensive Income (Loss) The following table summarizes changes in Accumulated other comprehensive income (loss) for the three and nine months ended September 30, 2025 and 2024:
| Three Months Ended |  | Nine Months Ended
| September 30, |  | September 30,
In millions | 2025 |  | 2024 |  | 2025 |  | 2024
Beginning balance | $ | (1,868) |  |  | $ | (1,925) |  |  | $ | (1,877) |  |  | $ | (1,834) |
Foreign currency translation adjustments during the period | (2) |  |  | (6) |  |  | (138) |  |  | (66) |
Foreign currency translation adjustments reclassified to income | — |  |  | 30 |  |  | — |  |  | 30 |
Income taxes | (6) |  |  | 49 |  |  | 140 |  |  | 16 |
Total foreign currency translation adjustments, net of tax | (8) |  |  | 73 |  |  | 2 |  |  | (20) |
Pension and other postretirement benefit adjustments reclassified to income | (1) |  |  | 3 |  |  | (2) |  |  | 6 |
Income taxes | 1 |  |  | — |  |  | 1 |  |  | (1) |
Total pension and other postretirement benefit adjustments, net of tax | — |  |  | 3 |  |  | (1) |  |  | 5 |
Ending balance | $ | (1,876) |  |  | $ | (1,849) |  |  | $ | (1,876) |  |  | $ | (1,849) |
Foreign currency translation adjustments reclassified to income related primarily to the sale of the noncontrolling interest in Wilsonart in the third quarter of 2024. Pension and other postretirement benefit adjustments reclassified to income related primarily to the amortization of actuarial gains and losses and the sale of the noncontrolling interest in Wilsonart. Refer to Note 3. Sale of Noncontrolling Interest in Wilsonart International Holdings LLC and Note 9. Pension and Other Postretirement Benefits for additional information. The outstanding balances of the Euro notes issued in May 2014, May 2015, June 2019 and May 2024, and the term loan under the Euro Credit Agreement are designated as hedges of a portion of the Company’s net investment in Euro-denominated foreign operations to reduce foreign currency risk associated with the investment in these operations. Changes in the value of this debt resulting from fluctuations in the Euro to U.S. Dollar exchange rate have been recorded as foreign currency translation adjustments within Accumulated other comprehensive income (loss). The amount of pre-tax gain (loss) related to this debt recorded in Other comprehensive income (loss) was a gain of $23 million and a loss of $204 million for the three months ended September 30, 2025 and 2024, respectively, and a loss of $584 million and $65 million for the nine months ended September 30, 2025 and 2024, respectively. The carrying value of the outstanding balance of Euro-denominated debt that was designated as a net investment hedge as of September 30, 2025 and December 31, 2024 was $5.0 billion and $4.4 billion, respectively. Refer to Note 10. Debt for additional information regarding the Company’s outstanding Euro debt. As of September 30, 2025 and 2024, the ending balance of Accumulated other comprehensive income (loss) consisted of after-tax cumulative translation adjustment losses of $1.6 billion and $1.5 billion, respectively, and after-tax unrecognized pension and other postretirement benefit costs of $267 million and $322 million, respectively.

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- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478524/942-220-S99-1 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/220/tableOfContent + Details
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