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Accumulated Other Comprehensive Income (Loss) (Tables) | 6 Months Ended
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Jun. 30, 2025
Equity [Abstract] |
Schedule of Changes in Accumulated Other Comprehensive Income (Loss) | The following tables present changes in the accumulated balances for each component of other comprehensive loss, including current period other comprehensive income (loss) and reclassifications out of accumulated other comprehensive loss, for the three and six months ended June 30, 2025 and 2024:
(DOLLARS IN MILLIONS) | Foreign Currency Translation Adjustments |  | Gains (Losses) on Derivatives Qualifying as Hedges |  | Pension and Postretirement Liability Adjustment |  | Total
Accumulated other comprehensive loss, net of tax, as of April 1, 2025 | $ | (2,022) |  |  | $ | (3) |  |  | $ | (98) |  |  | $ | (2,123) |
OCI before reclassifications | 710 |  |  | — |  |  | (1) |  |  | 709 |
Reclassifications due to business divestitures | 48 |  |  | — |  |  | (50) |  |  | (2) |
Other amounts reclassified from AOCI | — |  |  | — |  |  | 1 |  |  | 1 |
Net current period other comprehensive income (loss) | 758 |  |  | — |  |  | (50) |  |  | 708 |
Accumulated other comprehensive loss, net of tax, as of June 30, 2025 | $ | (1,264) |  |  | $ | (3) |  |  | $ | (148) |  |  | $ | (1,415) |
(DOLLARS IN MILLIONS) | Foreign Currency Translation Adjustments |  | Gains (Losses) on Derivatives Qualifying as Hedges |  | Pension and Postretirement Liability Adjustment |  | Total
Accumulated other comprehensive loss, net of tax, as of January 1, 2025 | $ | (2,426) |  |  | $ | (2) |  |  | $ | (99) |  |  | $ | (2,527) |
OCI before reclassifications | 1,114 |  |  | (1) |  |  | (1) |  |  | 1,112 |
Reclassifications due to business divestitures | 48 |  |  | — |  |  | (50) |  |  | (2) |
Amounts reclassified from AOCI | — |  |  | — |  |  | 2 |  |  | 2 |
Net current period other comprehensive income (loss) | 1,162 |  |  | (1) |  |  | (49) |  |  | 1,112 |
Accumulated other comprehensive loss, net of tax, as of June 30, 2025 | $ | (1,264) |  |  | $ | (3) |  |  | $ | (148) |  |  | $ | (1,415) |
(DOLLARS IN MILLIONS) | Foreign Currency Translation Adjustments |  | Gains (Losses) on Derivatives Qualifying as Hedges |  | Pension and Postretirement Liability Adjustment |  | Total
Accumulated other comprehensive loss, net of tax, as of April 1, 2024 | $ | (1,945) |  |  | $ | (6) |  |  | $ | (240) |  |  | $ | (2,191) |
OCI before reclassifications | (132) |  |  | 1 |  |  | 1 |  |  | (130) |
Reclassifications due to business divestitures | 4 |  |  | — |  |  | — |  |  | 4 |
Other amounts reclassified from AOCI | — |  |  | — |  |  | 2 |  |  | 2 |
Net current period other comprehensive income (loss) | (128) |  |  | 1 |  |  | 3 |  |  | (124) |
Accumulated other comprehensive loss, net of tax, as of June 30, 2024 | $ | (2,073) |  |  | $ | (5) |  |  | $ | (237) |  |  | $ | (2,315) |
(DOLLARS IN MILLIONS) | Foreign Currency Translation Adjustments |  | Gains (Losses) on Derivatives Qualifying as Hedges |  | Pension and Postretirement Liability Adjustment |  | Total
Accumulated other comprehensive loss, net of tax, as of January 1, 2024 | $ | (1,652) |  |  | $ | 1 |  |  | $ | (245) |  |  | $ | (1,896) |
OCI before reclassifications | (425) |  |  | (6) |  |  | 4 |  |  | (427) |
Reclassifications due to business divestitures | 4 |  |  | — |  |  | — |  |  | 4 |
Amounts reclassified from AOCI | — |  |  | — |  |  | 4 |  |  | 4 |
Net current period other comprehensive income (loss) | (421) |  |  | (6) |  |  | 8 |  |  | (419) |
Accumulated other comprehensive loss, net of tax, as of June 30, 2024 | $ | (2,073) |  |  | $ | (5) |  |  | $ | (237) |  |  | $ | (2,315) |
Reclassifications of Accumulated Other Comprehensive Income to Consolidated Statement of Comprehensive Income | The following table provides details about reclassifications out of Accumulated other comprehensive loss to the Consolidated Statements of Income (Loss) and Comprehensive Income (Loss) other than due to business divestitures:
| Three Months Ended June 30, |  | Affected Line Item in the Consolidated Statements of Income (Loss) and Comprehensive Income (Loss)
(DOLLARS IN MILLIONS) | 2025 |  | 2024 |
(Losses) gains on pension and postretirement liability adjustments |  |  |  |  |
Prior service cost | $ | 1 |  |  | $ | — |  |  | (1)
Actuarial losses | (2) |  |  | (2) |  |  | (1)
Total | $ | (1) |  |  | $ | (2) |  |  | Total, net of income taxes
| Six Months Ended June 30, |  | Affected Line Item in the Consolidated Statements of Income (Loss) and Comprehensive Income (Loss)
(DOLLARS IN MILLIONS) | 2025 |  | 2024 |
(Losses) gains on pension and postretirement liability adjustments |  |  |  |  |
Prior service cost | $ | 1 |  |  | $ | 1 |  |  | (1)
Actuarial losses | (3) |  |  | (5) |  |  | (1)
Total | $ | (2) |  |  | $ | (4) |  |  | Total, net of income taxes
_______________________ (1)The amortization of prior service cost and actuarial loss is included in the computation of net periodic benefit cost. Refer to Note 7 for additional information regarding net periodic benefit cost.

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