v3.26.1
Derivative Instruments (Tables)
3 Months Ended
Mar. 31, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss)
The following table presents the net changes in AOCI associated with each year’s hedging activities, net of tax:
Three Months Ended March 31,
20262025
Cash Flow HedgesNet Investment HedgesCash Flow HedgesNet Investment Hedges
(In millions)
Net loss from hedge adjustments recognized in AOCI as of January 1
$(48)$15 $(32)$— 
Hedge adjustments recognized during the current period
18 — 
Net (gain) loss reclassified from AOCI into earnings
(27)— (8)— 
Net gain (loss) from hedge adjustments recognized in AOCI as of March 31
$(69)$20 $(22)$—