Accumulated Other Comprehensive Loss

Changes in the balances of each component of accumulated other comprehensive loss were as follows:


	Millions of Dollars
	Defined Benefit Plans		Foreign Currency Translation	Hedging	Accumulated Other Comprehensive Loss

December 31, 2022	$	(122)	(336)	(2)	(460)
Other comprehensive income (loss) before reclassifications	(12)		179	(3)	164
Amounts reclassified from accumulated other comprehensive loss
Defined benefit plans
Amortization of net actuarial loss and settlements*	14		—	—	14
Foreign currency translation	—		—	—	—
Hedging	—		—	—	—
Net current period other comprehensive income (loss)	2		179	(3)	178

December 31, 2023	(120)		(157)	(5)	(282)
Other comprehensive income (loss) before reclassifications	(31)		(105)	—	(136)
Amounts reclassified from accumulated other comprehensive loss
Defined benefit plans
Amortization of net actuarial loss and settlements*	11		—	—	11
Foreign currency translation	—		—	—	—
Hedging	—		—	—	—
Net current period other comprehensive loss	(20)		(105)	—	(125)

December 31, 2024	(140)		(262)	(5)	(407)
Other comprehensive loss before reclassifications	25		263	—	288
Amounts reclassified from accumulated other comprehensive loss
Defined benefit plans
Amortization of net actuarial loss and settlements*	14		—	—	14
Divestiture**	(12)		—	—	(12)
Foreign currency translation**†	—		(50)	—	(50)
Hedging	—		—	—	—
Net current period other comprehensive income	27		213	—	240


December 31, 2025	$	(113)	(49)	(5)	(167)

* Included in the computation of net periodic benefit cost. See Note 23—Pension and Postretirement Plans for additional information.

** Related to the disposition of 65% of our interest in Germany and Austria Marketing and is included in the “Net gain on dispositions” line item on the consolidated statement of income. See Note 9—Investments, Loans and Long-Term Receivables.