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SHAREOWNERS' EQUITY (Tables)
12 Months Ended
Dec. 31, 2025
Equity [Abstract]  
Schedule of Stockholders Equity
The following is a rollforward of our shares of class A and class B common stock for 2025, 2024 and 2023 (in millions):        
202520242023
Class A Common Stock:
Balance at beginning of year121 127 134 
Stock award plans— 
Common stock issuances
Conversions of class A to class B common stock(18)(11)(14)
Class A shares issued at end of year106 121 127 
Class B Common Stock:
Balance at beginning of year733 726 725 
Common stock purchases(8)(4)(13)
Conversions of class A to class B common stock18 11 14 
Class B shares issued at end of year743 733 726 
The following is a rollforward of our common stock, additional paid-in capital, retained earnings and noncontrolling interests accounts for 2025, 2024 and 2023 (in millions, except per share amounts):    
 202520242023
Class A Common Stock:
Balance at beginning of year$$$
Stock award plans— — — 
Common stock issuances— — — 
Conversions of class A to class B common stock(1)— — 
Class A shares issued at end of year$$$
Class B Common Stock:
Balance at beginning of year$$$
Common stock purchases— — — 
Conversions of class A to class B common stock— — 
Class B shares issued at end of year$$$
Additional Paid-In Capital:
Balance at beginning of year$136 $— $— 
Stock award plans89 (77)425 
Common stock purchases(262)(212)(882)
Common stock issuances321 425 467 
Other
(9)— (10)
Balance at end of year$275 $136 $— 
Retained Earnings:
Balance at beginning of year$20,882 $21,055 $21,326 
Net income attributable to controlling interests5,572 5,782 6,708 
Dividends ($6.56, $6.52 and $6.48 per share) (1)
(5,565)(5,594)(5,611)
Common stock purchases(738)(288)(1,368)
Other (2)
— (73)— 
Balance at end of year$20,151 $20,882 $21,055 
Non-Controlling Interests:
Balance at beginning of year$25 $$17 
Change in non-controlling interests17 (9)
Balance at end of year$28 $25 $
(1)    The dividend per share amount is the same for both class A and class B common stock. Dividends include $167, $195 and $239 million for 2025, 2024 and 2023, respectively, that were settled in shares of class A common stock.
(2)    Includes adjustments related to certain stock-based awards.
Schedule of Accumulated Other Comprehensive Income (Loss)
The activity in accumulated other comprehensive loss for 2025, 2024 and 2023 is as follows (in millions):                    
202520242023
Foreign Currency Translation Loss, Net of Tax:
Balance at beginning of year$(1,586)$(1,248)$(1,446)
Translation adjustment (net of tax effect of $9, $(7) and $(15))
528 (338)190 
Reclassification to earnings (net of tax effect of $0, $0 and $0)
— — 
Balance at end of year$(1,058)$(1,586)$(1,248)
Unrealized Loss on Marketable Securities, Net of Tax:
Balance at beginning of year$(1)$(2)$(11)
Current period changes in fair value (net of tax effect of $0, $0 and $2)
Reclassification to earnings (net of tax effect of $0, $0 and $1)
— — 
Balance at end of year$— $(1)$(2)
Unrealized (Loss) Gain on Cash Flow Hedges, Net of Tax:
Balance at beginning of year$91 $(76)$167 
Current period changes in fair value (net of tax effect of $(104), $93 and $(28))
(330)296 (89)
Reclassification to earnings (net of tax effect of $(5), $(41) and $(48))
(14)(129)(154)
Balance at end of year$(253)$91 $(76)
Unrecognized Pension and Postretirement Benefit Costs, Net of Tax:
Balance at beginning of year$(2,813)$(2,432)$(259)
Net actuarial gain (loss) and prior service cost resulting from remeasurements of plan assets and liabilities (net of tax effect of $(65), $(315) and $(793))
(204)(1,005)(2,530)
Reclassification to earnings (net of tax effect of $38, $195 and $111)
120 624 357 
Balance at end of year$(2,897)$(2,813)$(2,432)
Accumulated other comprehensive loss at end of year
$(4,208)$(4,309)$(3,758)
Schedule of Reclassification out of Accumulated Other Comprehensive Income
Detail of the gains (losses) reclassified from accumulated other comprehensive loss to the statements of consolidated income for 2025, 2024 and 2023 is as follows (in millions):                
Amount Reclassified from AOCI
Affected Line Item in the Income Statement
202520242023
Unrealized Loss on Foreign Currency Translation:
Realized loss on business wind-down
$— $— $(8)Other expenses
Income tax expense
— — — Income tax expense
Impact on net income$— $— $(8)Net income
Unrealized Loss on Marketable Securities:
Realized loss on sale of securities
$— $— $(3)
Investment income (expense) and other
Income tax benefit
— — Income tax expense
Impact on net income$— $— $(2)Net income
Unrealized Gain on Cash Flow Hedges:
Interest rate contracts$(6)$(5)$(10)Interest expense
Foreign currency exchange contracts26 176 213 Revenue
Foreign currency exchange contracts(1)(1)(1)
Investment income (expense) and other
Income tax expense
(5)(41)(48)Income tax expense
Impact on net income$14 $129 $154 Net income
Unrecognized Pension and Postretirement Benefit Costs:
Prior service costs$(158)$(154)$(109)
Investment income (expense) and other
Remeasurement of benefit obligation— (665)(351)
Investment income (expense) and other
Curtailments and settlements of benefit obligations— — (8)
Investment income (expense) and other
Income tax benefit
38 195 111 Income tax expense
Impact on net income$(120)$(624)$(357)Net income
Total amount reclassified for the year$(106)$(495)$(213)Net income