XML 40 R26.htm IDEA: XBRL DOCUMENT v3.25.1
Accumulated Other Comprehensive Income (Loss) (Tables)
3 Months Ended
Mar. 31, 2025
Equity [Abstract]  
Schedule of Components of Accumulated Other Comprehensive Income (Loss)
The following table displays the changes in Accumulated Other Comprehensive Income (Loss) (“AOCL”) by component, net of tax, for the three months ended March 31, 2025 (in millions):
Cumulative
Translation
Adjustment
Pension and 
Postretirement
Costs
Derivative
Financial
Instruments
AOCL
Balance at December 31, 2024$(767)$(212)$(2)$(981)
Other comprehensive income (loss) before reclassifications (1)
(1)(6)(4)
Amounts reclassified to earnings (2)
— — 1 
Net current period other comprehensive income (loss)(1)(5)(3)
Balance at March 31, 2025$(768)$(209)$(7)$(984)
(1)Includes income tax provision (benefit) allocated to AOCL as follows $(22) million, $(4) million, $(2) million and $(28) million, respectively.
(2)Income tax provision (benefit) for both the three months ended March 31, 2025 and 2024 were not material. Pension and postretirement costs presented are primarily classified in other expense, net within the Condensed Consolidated Statements of Operations. Refer to Footnote 9 for the statements of operations classifications of the Company’s various types of derivative financial instruments.