v3.26.1
ACCUMULATED OTHER COMPREHENSIVE LOSS
 12 Months Ended
Dec. 31, 2025
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE LOSS ACCUMULATED OTHER COMPREHENSIVE LOSS
The changes in Accumulated other comprehensive loss are provided in the tables below. Comprehensive income (loss) attributable to noncontrolling interest consists predominantly of net income.
Pre-taxTaxAfter-Tax
Year Ended December 31, 2023
Foreign exchange translation adjustment$(269)$— $(269)
Pension and other postretirement benefit adjustments(538)131 (407)
Changes in fair value of available for sale investments5 — 5 
Changes in fair value of cash flow hedges17 (6)11 
Total net current period other comprehensive income (loss)$(785)$125 $(660)
Year Ended December 31, 2024
Foreign exchange translation adjustment$229 $— $229 
Pension and other postretirement benefit adjustments542 (129)413 
Changes in fair value of available for sale investments1 — 1 
Changes in fair value of cash flow hedges(8)9 1 
 Total net current period other comprehensive income (loss)$764 $(120)$644 
Year Ended December 31, 2025   
Foreign exchange translation adjustment$(907)$— $(907)
Pension and other postretirement benefit adjustments(944)208 (736)
Changes in fair value of available for sale investments6 — 6 
Changes in fair value of cash flow hedges(20)2 (18)
Total net current period other comprehensive income (loss)$(1,865)$210 $(1,655)
COMPONENTS OF ACCUMULATED OTHER COMPREHENSIVE LOSS
 December 31,
20252024
Cumulative foreign exchange translation adjustment$(3,779)$(2,872)
Pension and other postretirement benefit adjustments(1,378)(642)
Fair value adjustments of available for sale investments5 (1)
Fair value adjustments of cash flow hedges6 24 
Total Accumulated other comprehensive loss$(5,146)$(3,491)
CHANGES IN ACCUMULATED OTHER COMPREHENSIVE LOSS BY COMPONENT
Foreign
Exchange
Translation
Adjustment		Pension
and Other
Postretirement Benefit
Adjustments		Changes in
 Fair Value
of Available
 for Sale
 Investments		Changes in
Fair Value of
Cash Flow
Hedges		Total
Balance at December 31, 2022$(2,832)$(648)$(7)$12 $(3,475)
Other comprehensive income (loss) before reclassifications(269)(477)5 60 (681)
Amounts reclassified from accumulated other comprehensive loss— 70 — (49)21 
Net current period other comprehensive income (loss)(269)(407)5 11 (660)
Balance at December 31, 2023(3,101)(1,055)(2)23 (4,135)
Other comprehensive income (loss) before reclassifications229 343 1 17 590 
Amounts reclassified from accumulated other comprehensive loss— 70 — (16)54 
Net current period other comprehensive income (loss)229 413 1 1 644 
Balance at December 31, 2024(2,872)(642)(1)24 (3,491)
Other comprehensive income (loss) before reclassifications(1,201)(769)6 (26)(1,990)
Amounts reclassified from accumulated other comprehensive loss180 22 — (2)200 
Spin-off
114 11 — 10 135 
Net current period other comprehensive income (loss)(907)(736)6 (18)(1,655)
Balance at December 31, 2025$(3,779)$(1,378)$5 $6 $(5,146)
RECLASSIFICATIONS OUT OF ACCUMULATED OTHER COMPREHENSIVE LOSS
 Year Ended December 31, 2025
Affected Line in the Consolidated Statement of Operations
Net Sales
Cost of
Products Sold
Cost of
Services Sold
Selling, General and
Administrative Expenses
Other
(Income) Expense
Interest and Other
Financial Charges
Total
Amortization of pension and other postretirement benefit items      
Actuarial losses recognized$— $— $— $— $154 $— $154 
Prior service (credit) recognized— — — — (9)— (9)
Settlements and curtailments— — — — (91)(91)
Foreign currency translation adjustments— — — — 180 — 180 
Total before tax$— $— $— $— $234 $— $234 
Tax expense (benefit)(34)
Total reclassifications for the period, net of tax$200 
 Year Ended December 31, 2024
Affected Line in the Consolidated Statement of Operations
Net Sales
Cost of
Products Sold
Cost of
Services Sold
Selling, General and
Administrative Expenses
Other
(Income) Expense
Interest and Other
Financial Charges
Total
Amortization of pension and other postretirement benefit items      
Actuarial losses recognized$— $— $— $— $115 $— $115 
Prior service (credit) recognized— — — — (22)— (22)
Losses (gains) on cash flow hedges(2)(8)(3)(4)— — (17)
Total before tax$(2)$(8)$(3)$(4)$93 $— $76 
Tax expense (benefit)(22)
Total reclassifications for the period, net of tax$54 
 Year Ended December 31, 2023
Affected Line in the Consolidated Statement of Operations
Net Sales
Cost of
Products Sold
Cost of
Services Sold
Selling, General and
Administrative Expenses
Other
(Income) Expense
Interest and Other
 Financial Charges
Total
Amortization of pension and other postretirement benefit items      
Actuarial losses recognized$— $— $— $— $141 $— $141 
Prior service (credit) recognized— — — — (63)— (63)
Losses (gains) on cash flow hedges(15)(28)(10)(10)— — (63)
Total before tax$(15)$(28)$(10)$(10)$78 $— $15 
Tax expense (benefit)6 
Total reclassifications for the period, net of tax$21