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Accumulated Other Comprehensive Loss (Tables)
3 Months Ended
Mar. 31, 2025
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Loss
Changes in the balances of each component of accumulated other comprehensive loss were as follows:

 Millions of Dollars
 Defined Benefit PlansForeign Currency TranslationHedgingAccumulated Other Comprehensive Loss
December 31, 2024$(140)(262)(5)(407)
Other comprehensive income before reclassifications2 100  102 
Amounts reclassified from accumulated other
   comprehensive loss
Defined benefit plans*
Amortization of net actuarial loss and settlements4   4 
Foreign currency translation** (12) (12)
Hedging    
Net current period other comprehensive income 6 88  94 
March 31, 2025$(134)(174)(5)(313)
December 31, 2023$(120)(157)(5)(282)
Other comprehensive income (loss) before reclassifications(32)— (31)
Amounts reclassified from accumulated other comprehensive loss
Defined benefit plans*
Amortization of net actuarial loss and settlements— — 
Foreign currency translation— — — — 
Hedging— — — — 
Net current period other comprehensive income (loss)(32)— (30)
March 31, 2024$(118)(189)(5)(312)
* Included in the computation of net periodic benefit cost. See Note 16—Pension and Postretirement Plans, for additional information.
** Included in the gain on sale of Coop, recognized in the “Net gain on dispositions” line item on our consolidated statement of income. See Note 7—Investments, Loans and Long-Term Receivables, for additional information.