XML 75 R61.htm IDEA: XBRL DOCUMENT v3.25.4
Income Taxes - Reconciliation of the U.S. federal statutory rate to effective rate continued (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Percent      
Taxes computed at U.S. statutory rates $ 154 $ 112 $ 160
Taxes computed at U.S. statutory rates 21.00% 21.00% 21.00%
(Decreases) increases in taxes resulting from:      
State and local income taxes, net of federal tax   $ 1 $ 5
State income tax, net of federal tax (as a percent)   0.20% 0.50%
Non-U.S. subsidiaries taxed at other than the U.S. rate   $ (14) $ 21
Non-U.S. subsidiaries taxed at other than the U.S. rate   (2.60%) 2.80%
Valuation allowances   $ 1 $ (14)
Valuation allowances   0.20% (1.80%)
Tax law change for currency translation   $ (224) $ 0
Tax law change for currency translation (as a percent)   (0.420) 0
Tax loss on divestiture of a non-U.S. subsidiary   $ 48 $ 0
Tax loss on divestiture of a non-U.S. subsidiary (as a percent)   0.090 0
Tax loss on divestiture of Non-US Subsidiary   $ 2 $ 30
Dividend withholding tax & indefinite reinvestment change (as a percent)   0.40% 4.00%
Foreign currency translation taxed at non- U.S. subsidiaries   $ 8 $ (10)
Foreign currency translation taxed at non-U.S subsidiaries (as a percent)   1.50% (1.30%)
Provision for income taxes and effective rate $ 193 $ (66) $ 192
Provision for income taxes and effective rate 26.30% (12.40%) 25.20%