Stockholders' equity (Tables)

3 Months Ended

Mar. 31, 2025

Equity [Abstract]

Schedule of Components of AOCI

The components of AOCI were as follows (in millions):

	Foreign currency translation adjustments		Cash flow hedges		Other		AOCI
Balance as of December 31, 2024	$	(374)	$	287	$	21	$	(66)
Foreign currency translation adjustments	57		—		—		57
Unrealized losses	—		(146)		—		(146)
Reclassification adjustments into earnings	—		(139)		—		(139)
Other	—		—		1		1
Income taxes	—		62		—		62
Balance as of March 31, 2025	$	(317)	$	64	$	22	$	(231)

Schedule of Reclassifications Out of AOCI

Reclassifications out of AOCI and into earnings, including related income tax expenses, were as follows (in millions):

	Three months ended March 31,
Components of AOCI	2025		2024		Condensed Consolidated Statements of Income (Loss) locations
Cash flow hedges:
Foreign currency forward contract gains	$	56	$	51	Product sales
Cross-currency swap contract gains (losses)	83		(31)		Other income (expense), net
	139		20		Income (loss) before income taxes
	(30)		(4)		Provision for income taxes
	$	109	$	16	Net income (loss)