XML 146 R121.htm IDEA: XBRL DOCUMENT v3.24.0.1
Pension and other postretirement benefits - Schedule of Funded Status of Plans and Amounts Recognized (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Pension Plans | U.S.      
Change in benefit obligation:      
Benefit obligation at beginning of year $ 497 $ 677  
Service cost 1 2 $ 3
Interest cost 24 18 19
Amendments 0 2  
Actuarial losses and (gains) 9 (153)  
Benefits paid (35) (35)  
Plan participant contributions 0 0  
Settlements 0 0  
Net transfer out (including the effect of any business combinations/divestitures) 0 (14)  
Foreign currency rate changes 0 0  
Benefit obligation at end of year 496 497 677
Change in plan assets      
Fair value of plan assets at beginning of year 446 601  
Actual gain (loss) on plan assets 37 (122)  
Employer contributions 1 2  
Plan participant contributions 0 0  
Benefits paid (35) (35)  
Settlements 0 0  
Foreign currency rate changes 0 0  
Fair value of plan assets at end of year 449 446 601
Reconciliation of funded status:      
Fair value of plan assets 449 446 601
Benefit obligation 496 497 677
Funded status (47) (51)  
Accumulated Benefit Obligation 496 497  
Amounts recognized in the Consolidated Balance Sheets:      
Noncurrent assets 0 0  
Current liabilities (2) (2)  
Noncurrent liabilities (45) (49)  
Liabilities held for sale 0 0  
Funded status at end of year (47) (51)  
Accumulated other comprehensive loss      
Net actuarial (gain) loss (68) (79)  
Prior service cost (credit) (1) (1)  
Total accumulated other comprehensive (loss) income (69) (80)  
Pension Plans | Non-U.S.      
Change in benefit obligation:      
Benefit obligation at beginning of year 2,105 3,136  
Service cost 31 55 63
Interest cost 86 43 40
Amendments (1) (2)  
Actuarial losses and (gains) 178 (831)  
Benefits paid (89) (101)  
Plan participant contributions 9 9  
Settlements (4) (6)  
Net transfer out (including the effect of any business combinations/divestitures) 0 (11)  
Foreign currency rate changes 99 (187)  
Benefit obligation at end of year 2,414 2,105 3,136
Change in plan assets      
Fair value of plan assets at beginning of year 2,316 3,015  
Actual gain (loss) on plan assets 143 (467)  
Employer contributions 38 36  
Plan participant contributions 9 9  
Benefits paid (89) (101)  
Settlements (4) (6)  
Foreign currency rate changes 111 (170)  
Fair value of plan assets at end of year 2,524 2,316 3,015
Reconciliation of funded status:      
Fair value of plan assets 2,524 2,316 3,015
Benefit obligation 2,414 2,105 3,136
Funded status 110 211  
Accumulated Benefit Obligation 2,349 2,074  
Amounts recognized in the Consolidated Balance Sheets:      
Noncurrent assets 271 347  
Current liabilities (4) (7)  
Noncurrent liabilities (111) (129)  
Liabilities held for sale (46) 0  
Funded status at end of year 110 211  
Accumulated other comprehensive loss      
Net actuarial (gain) loss (225) (97)  
Prior service cost (credit) 92 95  
Total accumulated other comprehensive (loss) income (133) (2)  
OPEB      
Change in benefit obligation:      
Benefit obligation at beginning of year 100 129  
Service cost 2 3 4
Interest cost 5 3 4
Amendments 0 0  
Actuarial losses and (gains) 3 (32)  
Benefits paid (5) (5)  
Plan participant contributions 0 0  
Settlements 0 0  
Net transfer out (including the effect of any business combinations/divestitures) 0 0  
Foreign currency rate changes 0 2  
Benefit obligation at end of year 105 100 129
Change in plan assets      
Fair value of plan assets at beginning of year 0 0  
Actual gain (loss) on plan assets 0 0  
Employer contributions 5 5  
Plan participant contributions 0 0  
Benefits paid (5) (5)  
Settlements 0 0  
Foreign currency rate changes 0 0  
Fair value of plan assets at end of year 0 0 0
Reconciliation of funded status:      
Fair value of plan assets 0 0 0
Benefit obligation 105 100 $ 129
Funded status (105) (100)  
Accumulated Benefit Obligation  
Amounts recognized in the Consolidated Balance Sheets:      
Noncurrent assets 0 0  
Current liabilities (6) (6)  
Noncurrent liabilities (98) (94)  
Liabilities held for sale (1) 0  
Funded status at end of year (105) (100)  
Accumulated other comprehensive loss      
Net actuarial (gain) loss 35 40  
Prior service cost (credit) 3 3  
Total accumulated other comprehensive (loss) income 38 43  
OPEB | Non-U.S.      
Change in benefit obligation:      
Benefit obligation at beginning of year 11    
Benefit obligation at end of year 11 11  
Reconciliation of funded status:      
Benefit obligation $ 11 $ 11