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Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Statement of Comprehensive Income [Abstract]      
Net income $ 987 $ 482 $ 83
Other comprehensive income (loss), net of income tax:      
Currency translation adjustment 178 61 (56)
Unrealized (losses) gains on hedging activities (13) (33) 8
Tax benefit on unrealized (losses) gains on hedging activities 2 9 0
Less: Reclassification adjustment for losses on hedging activities included in cost of net revenues, interest expense and foreign currency losses (11) (20) (2)
Less: Reclassification adjustment for estimated tax benefit on unrealized gains 4 6 1
Total other comprehensive income (loss), net of income tax 174 51 (47)
Total comprehensive income $ 1,161 $ 533 $ 36