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Comprehensive Income Information
 9 Months Ended
Sep. 30, 2025
Equity [Abstract]  
Comprehensive Income Information Comprehensive Income Information
Changes in Accumulated Other Comprehensive Income (Loss) by Component
The table below presents the changes in accumulated other comprehensive income (loss) (“AOCI”), including the reclassifications out of AOCI by component:
Three months ended September 30, 2025
(Millions)Cumulative Translation AdjustmentDefined Benefit Pension and Postretirement PlansCash Flow HedgingTotal Accumulated Other Comprehensive Income (Loss)
Balance at June 30, 2025, net of tax:$(112)$(500)$(19)$(631)
Other comprehensive income (loss), before tax:
Amount of gain (loss) recognized in AOCI(23)55 6 38 
Amount of gain (loss) reclassified from AOCI— 6 3 9 
Total other comprehensive income (loss), before tax(23)61 9 47 
Tax effect(1)(17)(2)(20)
Total other comprehensive income (loss), net of tax(24)44 7 27 
Balance at September 30, 2025, net of tax:
$(136)$(456)$(12)$(604)
Three months ended September 30, 2024
(Millions)Cumulative Translation AdjustmentDefined Benefit Pension and Postretirement PlansCash Flow HedgingTotal Accumulated Other Comprehensive Income (Loss)
Balance at June 30, 2024, net of tax:$(432)$(512)$1 $(943)
Other comprehensive income (loss), before tax:
Amount of gain (loss) recognized in AOCI179 — (15)164 
Amount of gain (loss) reclassified from AOCI— 13 — 13 
Total other comprehensive income (loss), before tax179 13 (15)177 
Tax effect— (3)4 1 
Total other comprehensive income (loss), net of tax179 10 (11)178 
Balance at September 30, 2024, net of tax:
$(253)$(502)$(10)$(765)
Nine months ended September 30, 2025
(Millions)Cumulative Translation AdjustmentDefined Benefit Pension and Postretirement PlansCash Flow HedgingTotal Accumulated Other Comprehensive Income (Loss)
Balance at December 31, 2024, net of tax:$(550)$(526)$20 $(1,056)
Other comprehensive income (loss), before tax:
Amount of gain (loss) recognized in AOCI395 55 (37)413 
Amount of gain (loss) reclassified from AOCI— 41 (4)37 
Total other comprehensive income (loss), before tax395 96 (41)450 
Tax effect19 (26)9 2 
Total other comprehensive income (loss), net of tax414 70 (32)452 
Balance at September 30, 2025, net of tax:
$(136)$(456)$(12)$(604)
Nine months ended September 30, 2024
(Millions)Cumulative Translation AdjustmentDefined Benefit Pension and Postretirement PlansCash Flow HedgingTotal Accumulated Other Comprehensive Income (Loss)
Balance at December 31, 2023, net of tax:$(347)$10 $— $(337)
Other comprehensive income (loss), before tax:
Amount of gain (loss) recognized in AOCI56 — (13)43 
Amount of gain (loss) reclassified from AOCI38 26 — 64 
Total other comprehensive income (loss), before tax94 26 (13)107 
Tax effect— (6)3 (3)
Total other comprehensive income (loss), net of tax94 20 (10)104 
Transfers from 3M, net of tax— (532)— (532)
Balance at September 30, 2024, net of tax:
$(253)$(502)$(10)$(765)
Additional details on the amounts reclassified from AOCI into consolidated income include:
•Cumulative translation adjustment: amounts were reclassified into other expense (income), net and were related to charges associated with the substantial liquidation of foreign operations completed as part of our separation from 3M.
•Defined benefit pension and postretirement plans: amounts were reclassified into other expense (income), net (see Note 10).
•Cash flow hedging: foreign currency forward contracts amounts were reclassified into cost of sales (see Note 11).
•The tax effects, if applicable, associated with these reclassifications were reflected in provision for (benefit from) income taxes.