Accumulated Other Comprehensive Loss (Tables)

3 Months Ended

Mar. 31, 2026

Schedule of Changes in Accumulated Other Comprehensive Loss by Component

The following table details the activity of the three components that comprise Accumulated other comprehensive loss:


	First quarter ended
	March 31,
	2026		2025
Pension and other postretirement benefits (F)
Balance at beginning of period	$	(592)	$	(672)
Other comprehensive income (loss):
Unrecognized net actuarial loss and prior service benefit	—		(1)
Tax benefit	—		1
Total Other comprehensive income before reclassifications, net of tax	—		—
Amortization of net actuarial loss and prior service benefit(1)	5		3
Tax expense(2)	(1)		—
Total amount reclassified from Accumulated other comprehensive loss, net of tax(3)	4		3
Total Other comprehensive income	4		3

Balance at end of period	$	(588)	$	(669)
Foreign currency translation
Balance at beginning of period	$	(1,052)	$	(1,207)


Other comprehensive (loss) income(4)	(32)		45

Balance at end of period	$	(1,084)	$	(1,162)




Cash flow hedges
Balance at beginning of period	$	(29)	$	1

Other comprehensive income (loss):
Net change from periodic revaluations(5)	13		(1)
Tax expense	(3)		—
Total Other comprehensive income (loss) before reclassifications, net of tax	10		(1)
Net amount reclassified to earnings(6)	—		2
Tax expense(2)	—		(1)
Total amount reclassified from Accumulated other comprehensive income (loss), net of tax(3)	—		1
Total Other comprehensive income	10		—
Balance at end of period	$	(19)	$	1

Accumulated other comprehensive loss	$	(1,691)	$	(1,830)

(1)These amounts were recorded in Other expense, net (See Note G) in the Statement of Consolidated Operations.

(2)These amounts were included in Provision for income taxes (See Note H) in the Statement of Consolidated Operations.

(3)A positive amount indicates a corresponding charge to earnings.

(4)In all periods presented, no amounts were reclassified to earnings.

(5)Includes the change in the cross-currency swap related to the 4.850% Notes due October 2031 (See Note O). In all periods presented, no amounts related to this change were reclassified to earnings. The cross-currency swap was recorded in Other noncurrent liabilities and deferred credits in the Consolidated Balance Sheet.

(6)These amounts were recorded in Cost of goods sold in the Statement of Consolidated Operations