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Derivative Instruments (Tables)

9 Months Ended

Sep. 30, 2022

Derivative Instruments [Abstract]

Summary Of Notional Amounts

		Notional Amount as of		Notional Amount as of
		September 30, 2022		December 31, 2021
		(In millions)
Designated as hedging instrument
Foreign exchange contracts	$	91	$	89
Interest rate contracts		221		—
Cross currency swap contracts		133		94
Not designated as hedging instrument
Foreign exchange contracts		90		—
Interest rate contracts		450		249
Cross currency swap contracts		100		160

Summary Of Outstanding Derivative Instruments

					September 30,			December 31,
		Balance sheet location			2022			2021
				(In millions)
Derivatives
Foreign exchange contracts not designated as hedging instruments		Other current Assets		$	2		$	—
Cross currency swap contracts designated as net investment hedge		Other non-current Assets			—			7
Cross currency swap contracts not designated as hedging instruments		Other current Assets			—			8
Foreign exchange contracts designated as cash flow hedges		Other current Assets			1			2
Cross currency swap contracts not designated as hedging instruments		Other current Liabilities			13			5
Cross currency swap contracts designated as net investment hedge		Other non-current Liabilities			1			—
Interest rate contracts designated as cash flow hedges		Other current Liabilities			9			—
Foreign exchange contracts designated as cash flow hedges		Other current Liabilities			2			1
Interest rate contracts not designated as hedging instruments		Other current Liabilities			5			—

Effect Of Derivative Contracts On Comprehensive Income

								Amount of		Amount of loss reclassified
					December 31,			gains recognized		from accumulated		September 30,
					2021			in other comprehensive loss		other comprehensive loss		2022
					(In millions)
Foreign exchange contracts designated as cash flow hedges					$                          1			$                       (10)		$                                                       7		$                            (2)
Interest Swap Contracts designated as cash flow hedges					—			(14)		9		(5)
Cross currency swap contract designated as net investment hedge					7			(9)		2		—
Total					$                          8			$                       (33)		$                                                     18		$                            (7)

Effect Of Fair Value Hedge Relationships On Income Statement

				Amount of Gain (Loss) recognized in Income
		Income Statement		Nine Months Ended September 30,						Three Months Ended September 30,
		Location			2022		2021			2022			2021
Derivative asset
Interest Rate Swap		Interest Expense		$	1		$	—		$	1		$	—
Derivative asset - Hedged Item
Interest Rate Swap		Interest Expense			(1)			—			(1)			—

Cumulative Basis Adjustments For Fair Value Hedges

				Carrying amount of the hedged item						Cumulative Amount of Fair Value Hedging Adjustments Included in the Carrying Amount of the Hedged Liability
Balance Sheet Location				September 30, 2022			December 31, 2021			2022			2021
Loans Payable and other financial liabilities (current)				$	57		$	—		$	(1)		$	—

Effect Of Derivative Contracts On Income Statement

		Nine Months Ended September 30,						Three Months Ended September 30,
	2022			2021			2022			2021
		(In millions)						(In millions)
Foreign exchange contracts not designated as hedging instruments recognized in foreign exchange losses, net	$	—		$	(4)		$	—		$	7
Currency Swap contracts not designated as hedging instruments recognized in foreign exchange losses, net		(23)			3			(1)			3
Interest rate contracts not designated as hedging instruments recognized in interest expense and other financial losses		(5)			—			(5)			—

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