There have been no material changes to the information concerning the Company’s exposures to interest rate risk or commodity price risk as stated in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025. Foreign currency exchange rate risk is the risk that the Company will incur economic losses due to adverse changes in foreign currency exchange rates. Currently, the Company’s most significant currency exposures relate to the Brazilian Real, British Pound, Chinese Renminbi, Euro, Hungarian Forint, Korean Won, Mexican Peso, Polish Zloty and Swiss Franc. The Company mitigates its foreign currency exchange rate risk by establishing local production facilities and related supply chain participants in the markets it serves, by invoicing customers in the same currency as the source of the products and by funding some of its investments in foreign markets through local currency loans. The Company also monitors its foreign currency exposure in each country and implements strategies to respond to changing economic and political environments. In addition, the Company regularly enters into forward currency contracts, cross-currency swaps and foreign currency-denominated debt designated as net investment hedges to reduce exposure to translation exchange rate risk. As of June 30, 2026 and December 31, 2025, the Company recorded a deferred gain of $49 million and a deferred loss of $35 million, respectively, before taxes, for designated cash flow and net investment hedges within accumulated other comprehensive income (loss) in the Condensed Consolidated Balance Sheet in Part 1, Item 1 of this report. The significant foreign currency translation adjustments, including the impact of the net investment hedges discussed above and excluding the impact of tax, during the three and six months ended June 30, 2026 and 2025, are shown in the following table, which provides the percentage change in U.S. Dollars against the respective currencies and the approximate impacts of these changes recorded within other comprehensive income (loss) for the respective periods. (in millions, except for percentages) Three Months Ended June 30, 2026 Six Months Ended June 30, 2026 Chinese Renminbi 2 % $ 17 3 % $ 34 Euro (1) % $ (19) (3) % $ (22) Korean Won (2) % $ (6) (7) % $ (20) Japanese Yen (1) % $ (1) (4) % $ (7) (in millions, except for percentages) Three Months Ended June 30, 2025 Six Months Ended June 30, 2025 Euro 8 % $ 23 13 % $ 51 Korean Won 9 % $ 23 9 % $ 23 Chinese Renminbi 1 % $ 16 2 % $ 23 British Pound 6 % $ 12 10 % $ 18 54 Table of Contents