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Derivatives (Tables) | 3 Months Ended
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Mar. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of the Fair Value of Derivatives Assets and Liabilities | The following table summarizes the fair value of derivatives as of March 31, 2024 and December 31, 2023:
$ in millions |  | Derivative Assets |  |  | Derivative Liabilities |
|  | Mar-24 |  |  | Dec-23 |  |  | Mar-24 |  |  | Dec-23 |
|  | Balance sheet location |  |  | Fair value |  |  | Balance sheet location |  |  | Fair value |  |  | Balance sheet location |  |  | Fair value |  |  | Balance sheet location |  |  | Fair value |
Derivatives designated as cash flow hedges: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cross-currency interest rate swaps |  |  | Prepaid expenses and other current assets |  |  | $ | — |  |  |  | Prepaid expenses and other current assets |  |  | $ | — |  |  |  | Other current liabilities |  |  | $ | (96 | ) |  |  | Other current liabilities |  |  | $ | (104 | )
Cross-currency interest rate swaps |  |  | Other non-current assets |  |  |  | — |  |  |  | Other non-current assets |  |  |  | — |  |  |  | Other non-current liabilities |  |  |  | (10 | ) |  |  | Other non-current liabilities |  |  |  | (21 | )
Interest rate swaps |  |  | Other non-current assets |  |  |  | 5 |  |  |  | Other non-current assets |  |  |  | — |  |  |  | Other non-current liabilities |  |  |  | — |  |  |  | Other non-current liabilities |  |  |  | — |
Total derivatives designated as cash flow hedges |  |  |  |  |  | $ | 5 |  |  |  |  |  |  | $ | — |  |  |  |  |  |  | $ | (106 | ) |  |  |  |  |  | $ | (125 | )
Derivatives designated as net investment hedges: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cross-currency interest swaps |  |  | Other non-current assets |  |  |  | 4 |  |  |  | Other non-current assets |  |  | $ | — |  |  |  | Other non-current liabilities |  |  | $ | — |  |  |  | Other non-current liabilities |  |  | $ | (1 | )
Total derivatives designated as hedging instrument |  |  |  |  |  |  | 4 |  |  |  |  |  |  | $ | — |  |  |  |  |  |  | $ | — |  |  |  |  |  |  | $ | (1 | )
$ in millions |  | Derivative Assets |  |  | Derivative Liabilities |
|  | Mar-24 |  |  | Dec-23 |  |  | Mar-24 |  |  | Dec-23 |
Derivatives not designated as hedging instruments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cross-currency interest rate swaps |  |  | Prepaid expenses and other current assets |  |  |  | 10 |  |  |  | Prepaid expenses and other current assets |  |  |  | — |  |  |  | Other current liabilities |  |  | $ | (49 | ) |  |  | Other current liabilities |  |  | $ | (52 | )
Total derivatives not designated as hedging instruments |  |  |  |  |  | $ | 10 |  |  |  |  |  |  | $ | — |  |  |  |  |  |  | $ | (49 | ) |  |  |  |  |  | $ | (52 | )
Total derivatives |  |  |  |  |  | $ | 19 |  |  |  |  |  |  | $ | — |  |  |  |  |  |  | $ | (155 | ) |  |  |  |  |  | $ | (178 | )

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- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4B + Details
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