XML 73 R58.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Fair Value Measurements (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Fair Value Disclosures [Abstract] |
Fair Value, Assets and Liabilities Measured on Recurring Basis | The following table presents our assets and liabilities that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy.
| December 31, 2023 | December 31, 2022
| Total | Level 1 | Level 2 |  | Total | Level 1 | Level 2 |
Assets |  |  |  |  |  |  |  |
Money market funds | $1,514 |  | $1,514 |  |  |  | $1,797 |  | $1,797 |  |  |
Available-for-sale debt investments: |  |  |  |  |  |  |  |
Commercial paper | 291 |  |  | $291 |  |  | 256 |  |  | $256 |  |
Corporate notes | 183 |  |  | 183 |  |  | 195 |  |  | 195 |  |
U.S. government agencies | 25 |  |  | 25 |  |  | 47 |  |  | 47 |  |
Other equity investments | 44 |  | 44 |  |  |  | 10 |  | 10 |  |  |
Derivatives | 122 |  |  | 122 |  |  | 112 |  |  | 112 |  |
Total assets | $2,179 |  | $1,558 |  | $621 |  |  | $2,417 |  | $1,807 |  | $610 |  |
Liabilities |  |  |  |  |  |  |  |
Derivatives | ($58) |  |  | ($58) |  |  | ($141) |  |  | ($141) |  |
Total liabilities | ($58) |  |  | ($58) |  |  | ($141) |  |  | ($141) |  |
Fair Value, Assets Measured on Nonrecurring Basis Using Unobservable Inputs | The following table presents the nonrecurring losses recognized for the years ended December 31 due to long-lived asset impairment, and the fair value and asset classification of the related assets as of the impairment date:
| 2023 |  | 2022
| Fair Value |  |  |  |  |  | Total Losses |  | Fair Value |  |  |  |  |  | Total Losses
Investments |  |  |  |  |  |  |  | ($18) |  |  |  |  |  |  |  |  |  | ($31) |
Operating lease equipment |  |  |  |  |  |  |  |  |  | $47 |  |  |  |  |  |  | (7) |
Property, plant and equipment | $14 |  |  |  |  |  |  | (26) |  |  |  |  |  |  |  |  |  | (19) |
Other Assets |  |  |  |  |  |  |  | (2) |  |  | 15 |  |  |  |  |  |  | (55) |
Total | $14 |  |  |  |  |  |  | ($46) |  |  | $62 |  |  |  |  |  |  | ($112) |
Fair Values and Related Carrying Values of Financial Instruments | The fair values and related carrying values of financial instruments that are not required to be remeasured at fair value on the Consolidated Statements of Financial Position at December 31 were as follows:
| December 31, 2023
| Carrying Amount |  | Total Fair Value |  | Level 1 |  | Level 2 |  | Level 3
Assets |  |  |  |  |  |  |  |  |
Notes receivable, net | $257 |  |  | $270 |  |  |  |  | $270 |  |  |
Liabilities |  |  |  |  |  |  |  |  |
Debt, excluding finance lease obligations | (52,055) |  |  | (51,039) |  |  |  |  | (51,039) |  |  |
| December 31, 2022
| Carrying Amount |  | Total Fair Value |  | Level 1 |  | Level 2 |  | Level 3
Assets |  |  |  |  |  |  |  |  |
Notes receivable, net | $385 |  |  | $403 |  |  |  |  | $403 |  |  |
Liabilities |  |  |  |  |  |  |  |  |
Debt, excluding finance lease obligations | (56,794) |  |  | (52,856) |  |  |  |  | (52,856) |  |  |

X
- Definition Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb) -SubTopic 10 -Topic 820 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482907/825-10-50-11 + Details
Name: | us-gaap_FairValueByBalanceSheetGroupingTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 + Details
Name: | us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration