Accumulated Other Comprehensive Losses:

12 Months Ended

Dec. 31, 2025

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Losses:

Accumulated Other Comprehensive Losses:

PMI's accumulated other comprehensive losses, net of taxes, consisted of the following:

(Losses) Earnings	At December 31,
(in millions)	2025		2024		2023
Currency translation adjustments	$	(11,175)	$	(9,320)	$	(9,467)
Pension and other benefits	(1,405)		(2,461)		(2,589)
Derivatives accounted for as hedges	284		467		241
Total accumulated other comprehensive losses	$	(12,296)	$	(11,314)	$	(11,815)

Reclassifications from Other Comprehensive Earnings

The movements in accumulated other comprehensive losses and the related tax impact, for each of the components above, that are due to current period activity and reclassifications to the income statement are shown on the consolidated statements of comprehensive earnings for the years ended December 31, 2025, 2024, and 2023. For additional information, see Note 3. Acquisitions and Divestitures and Note 18 Restructuring Activities for disclosures related to the reclassification of accumulated foreign currency translation losses from other comprehensive losses, Note 12. Benefit Plans for disclosures related to PMI's pension and other benefits and Note 14. Financial Instruments for disclosures related to derivative financial instruments.