Annual report [Section 13 and 15(d), not S-K Item 405]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.25.4
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Dec. 31, 2025
Accounting Standards Update and Change in Accounting Principle [Abstract]  
Schedule of Cash Flow, Supplemental Disclosures
Cash payments for income taxes and interest were as follows:
  Years ended December 31,
In millions 2025 2024 2023
Cash payments for income taxes, net of refunds $ 1,074  $ 1,175  $ 1,181 
Cash payments for interest, net of capitalized interest 308  334  374 
Schedule of Related Party Transactions
The following is a summary of sales to and purchases from nonconsolidated equity investees:
  Years ended December 31,
In millions 2025 2024 2023
Sales to nonconsolidated equity investees $ 1,679  $ 1,392  $ 1,548 
Purchases from nonconsolidated equity investees 2,168  2,463  2,628 
The following is a summary of accounts receivable from and accounts payable to nonconsolidated equity investees:
December 31,
In millions 2025 2024 Balance Sheet Location
Accounts receivable from nonconsolidated equity investees $ 523  $ 432  Accounts and notes receivable, net
Accounts payable to nonconsolidated equity investees 263  281  Accounts payable (principally trade)
Supplier Finance Program
The following table summarizes the changes in amounts due to financial intermediaries reflected in accounts payable:
December 31,
In millions 2025 2024
Balance at the beginning of year $ 142  $ 199 
Additional invoices presented for payment 800  794 
Payments to financial intermediaries (793) (850)
Foreign currency translation adjustments and other 4  (1)
Balance at end of period $ 153  $ 142