Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2025

Summary of Derivative Instruments [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The notional amounts and fair values of derivative instruments in the Consolidated Statements of Financial Position as of December 31 were as follows:

	Notional  amounts(1)		Other assets		Accrued liabilities
	2025	2024	2025	2024	2025	2024
Derivatives designated as hedging instruments:
Foreign exchange contracts	$5,736	$5,139	$143	$23	($77)	($213)
Commodity contracts	435	388	92	65	(1)	(12)
Derivatives not receiving hedge accounting treatment:
Foreign exchange contracts	320	103	3	1	(10)	(17)
Commodity contracts		129
Total derivatives	$6,491	$5,759	238	89	(88)	(242)
Netting arrangements			(45)	(24)	45	24
Net recorded balance			$193	$65	($43)	($218)

(1)Notional amounts represent the gross contract/notional amount of the derivatives outstanding.

Schedule of Derivative Instruments, Gains/(Losses) in Statement of Financial Performance

Gains/(losses) associated with our hedging transactions and forward points recognized in Other comprehensive income/(loss) are presented in the following table:

Years ended December 31,	2025	2024	2023
Recognized in Other comprehensive income/(loss), net of taxes:
Foreign exchange contracts	$210	($248)	$61
Commodity contracts	52	(10)	(20)

Reclassification Out of Accumulated Other Comprehensive Income

Gains/(losses) associated with our hedging transactions and forward points reclassified from AOCI to earnings are presented in the following table:

Years ended December 31,	2025	2024	2023
Foreign exchange contracts
Revenues	$1	($1)
Costs and expenses	(29)	(25)	($15)
General and administrative	2	(8)	(17)
Commodity contracts
Costs and expenses	($18)	($7)	$31
General and administrative expense	6	6	7