Accumulated Other Comprehensive Income (Loss) (Tables)

12 Months Ended

Dec. 31, 2025

A summary of the changes in each component of Accumulated other comprehensive income (loss), net of tax, for 2025, 2024 and 2023 is provided below:


(dollars in millions)	Foreign Currency Translation		Defined Benefit Pension and Postretirement Plans		Unrealized Hedging Gains (Losses)		Accumulated Other Comprehensive Income (Loss)
Balance as of December 31, 2022	$	(587)	$	(8)	$	3	$	(592)
Other comprehensive income (loss) before reclassifications, net	(87)		(69)		6		(150)
Amounts reclassified, pre-tax	1		(1)		(8)		(8)
Tax expense (benefit) reclassified	—		—		—		—
Balance as of December 31, 2023	(673)		(78)		1		(750)
Other comprehensive income (loss) before reclassifications, net	1		2		2		5
Amounts reclassified, pre-tax	—		—		—		—
Tax expense (benefit) reclassified	—		—		—		—
Balance as of December 31, 2024	(672)		(76)		3		(745)
Other comprehensive income (loss) before reclassifications, net	(381)		39		(4)		(346)
Amounts reclassified, pre-tax	—		3		2		5
Tax expense (benefit) reclassified	—		(1)		—		(1)
Balance as of December 31, 2025	$	(1,053)	$	(35)	$	1	$	(1,087)

Otis Worldwide Corp 10-K