Shareholders' Equity (Tables)

A summary of the unvested share activity by plan for the year ended December 31, 2025 is presented below:


Unvested Shares	Unvested as at December 31, 2024	Granted	Forfeited / waived	Cancelled on failed vesting conditions	Vested	Unvested as at December 31, 2025
2022 Employee Plan	2,279,312	—	(14,108)	(8,333)	(2,256,871)	—
2023 Employee Plan	3,736,503	—	(39,107)	—	(1,532,759)	2,164,637
2024 Employee Plan	7,597,494	—	(145,984)	(678,130)	(1,311,529)	5,461,851
2025 Employee Plan	—	7,880,820	(36,677)	—	(2,051)	7,842,092

Total	13,613,309	7,880,820	(235,876)	(686,463)	(5,103,210)	15,468,580

The following table illustrates the classification of pre-payroll tax and social contribution stock-based compensation expense included in the consolidated statements of income for the years ended December 31, 2025, 2024 and 2023:


	December 31, 2025	December 31, 2024	December 31, 2023

Cost of sales	38	42	40
R&D	60	69	71
SG&A	95	111	125
Total pre-payroll tax and social contribution compensation	193	222	236

The table below details the changes in AOCI attributable to the company’s stockholders by component, net of tax, for the years ended December 31, 2025, 2024 and 2023:


	Gains (Losses) on Cash Flow Hedges	Gains (Losses) on Available- For-Sale Securities	Defined Benefit Pension Plan Items	Foreign Currency Translation Adjustments (“CTA”)	Total
December 31, 2022	23	(16)	(78)	511	440
Cumulative tax impact	(3)	2	21	—	20
December 31, 2022, net of tax	20	(14)	(57)	511	460
OCI before reclassifications	38	6	(24)	133	153
Amounts reclassified from AOCI	(5)	—	7	—	2
OCI for the year ended December 31, 2023	33	6	(17)	133	155
Tax impact	(5)	(1)	4	—	(2)
OCI for the year ended December 31, 2023, net of tax	28	5	(13)	133	153
December 31, 2023	56	(10)	(95)	644	595
Cumulative tax impact	(8)	1	25	—	18
December 31, 2023, net of tax	48	(9)	(70)	644	613
OCI before reclassifications	(139)	1	(14)	(238)	(390)
Amounts reclassified from AOCI	(16)	—	8	—	(8)
OCI for the year ended December 31, 2024	(155)	1	(6)	(238)	(398)
Tax impact	22	—	(1)	—	21
OCI for the year ended December 31, 2024, net of tax	(133)	1	(7)	(238)	(377)
December 31, 2024	(99)	(9)	(101)	406	197
Cumulative tax impact	14	1	24	—	39
December 31, 2024, net of tax	(85)	(8)	(77)	406	236
OCI before reclassifications	233	15	25	515	788
Amounts reclassified from AOCI	(54)	—	8	—	(46)
OCI for the year ended December 31, 2025	179	15	33	515	742
Tax impact	(26)	(2)	(5)	—	(33)
OCI for the year ended December 31, 2025, net of tax	153	13	28	515	709
December 31, 2025	80	6	(68)	921	939
Cumulative tax impact	(12)	(1)	19	—	6
December 31, 2025, net of tax	68	5	(49)	921	945

Items reclassified out of Accumulated Other Comprehensive Income for the years ended December 31, 2025, 2024, 2023 are listed in the table below:


Details about AOCI components	Amounts reclassified from AOCI in the year ended December 31, 2025	Amounts reclassified from AOCI in the year ended December 31, 2024	Amounts reclassified from AOCI in the year ended December 31, 2023	Affected line item in the statement where net income (loss) is presented
Gains (Losses) on Cash Flow Hedges
Foreign exchange derivative contracts	35	13	1	Cost of sales
Foreign exchange derivative contracts	4	1	1	Selling, general and administrative expenses
Foreign exchange derivative contracts	15	2	3	Research and development expenses
	(7)	(2)	—	Income tax benefit (expense)
	47	14	5	Net of tax
Defined Benefit Pension Plan Items
Amortization of actuarial gains (losses)	(8)	(8)	(6)	Other components of pension benefit costs
Amortization of prior service cost	—	—	(1)	Other components of pension benefit costs
	2	2	1	Income tax benefit (expense)
	(6)	(6)	(6)	Net of tax
Total reclassifications for the year	41	8	(1)
Attributable to noncontrolling interest	—	—	—
Attributable to the parent company stockholders	41	8	(1)