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Goodwill and Intangible Assets, Net (Tables)
12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets, Net  
Schedule of Goodwill

December 31, 2025

  ​ ​ ​

Automotive

  ​ ​ ​

Food Packaging

  ​ ​ ​

Home Fashion

  ​ ​ ​

Pharma

  ​ ​ ​

Consolidated

(in millions)

Gross carrying amount, Jan 1

$

337

$

6

$

22

$

13

$

378

Foreign Exchange

 

 

 

2

 

 

2

Gross carrying amount, Dec 31

 

337

 

6

 

24

 

13

 

380

Accumulated impairment, Jan 1

 

(87)

 

 

(3)

 

 

(90)

Impairment

 

 

 

 

 

Accumulated impairment, Dec 31

 

(87)

 

 

(3)

 

 

(90)

Net carrying value, Dec 31

$

250

$

6

$

21

$

13

$

290

December 31, 2024

  ​ ​ ​

Automotive

  ​ ​ ​

Food Packaging

  ​ ​ ​

Home Fashion

  ​ ​ ​

Pharma

  ​ ​ ​

Consolidated

(in millions)

Gross carrying amount, Jan 1

$

337

 

$

6

 

$

22

 

$

13

$

378

Foreign exchange

 

 

 

 

 

Gross carrying amount, Dec 31

 

337

 

6

 

22

 

13

 

378

Accumulated impairment, Jan 1

 

(87)

 

 

(3)

 

 

(90)

Impairment

 

 

 

 

 

Accumulated impairment, Dec 31

 

(87)

 

 

(3)

 

 

(90)

Net carrying value, Dec 31

$

250

$

6

$

19

$

13

$

288

Intangible assets, net

December 31, 2025

December 31, 2024

  ​ ​ ​

Gross

  ​ ​ ​

  ​ ​ ​

Net

  ​ ​ ​

Gross

  ​ ​ ​

  ​ ​ ​

Net

Carrying

Accumulated

Carrying

Carrying

Accumulated

Carrying

Amount

Amortization

Value

Amount

Amortization

Value

(in millions)

Definite-lived intangible assets:

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

Customer relationships

$

392

$

(271)

$

121

$

392

$

(249)

$

143

Developed technology

254

(146)

108

254

(118)

136

Other

 

162

 

(115)

 

47

 

164

 

(110)

 

54

$

808

$

(532)

$

276

$

810

$

(477)

$

333

Indefinite-lived intangible assets

 

  ​

 

  ​

$

73

 

  ​

 

  ​

$

76

Intangible assets, net

 

  ​

 

  ​

$

349

 

  ​

 

  ​

$

409

Schedule of Future amortization expense, Definite-lived intangible assets

Year

  ​ ​ ​

Amount

(in millions)

2026

$

37

2027

 

36

2028

 

31

2029

 

31

2030

 

31

Thereafter

 

110

$

276