Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2026

Fair Value Disclosures [Abstract]

Fair Value of Assets and Liabilities Measured on Recurring Basis

	March 31, 2026		December 31, 2025		March 31, 2025
(In millions)	Level 2 1		Level 2 1		Level 2 1
Assets at fair value:
Marketable securities	$	1	$	1	$	1
Debt securities:
Foreign government bonds 2	24		30		99
Derivatives relating to: 3
Foreign currency	28		28		113
Commodity contracts	7		4		7
Total assets at fair value	$	60	$	63	$	220
Liabilities at fair value:
Derivatives relating to: 3
Foreign currency	$	177	$	41	$	63
Commodity contracts	4		9		7
Total liabilities at fair value	$	181	$	50	$	70

1.Reflects significant other observable inputs.

2.Represents the company's investments in debt securities that are classified as available-for-sale, which are included in marketable securities and other assets in the interim Consolidated Balance Sheets.

3.See Note 15 - Financial Instruments, to the interim Consolidated Financial Statements, for the classification of derivatives in the interim Consolidated Balance Sheets.