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INCOME TAXES - Summary of Income Tax Reconciliation (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Income Tax Disclosure [Abstract]      
Net income before income tax expense and equity in earnings of unconsolidated entity $ 2,432 $ 1,553 [1] $ 780 [1]
Tax reconciliation not required true    
Income tax rate 21.00% 21.00% 21.00%
Expected income tax expense $ 511 $ 326 $ 164
Permanent differences:      
Transfer pricing adjustments 5 11 3
Non-deductible tax 0 7 1
Non-deductible expenses 27 107 54
Tax on retained earnings 147 105 55
Foreign Tax effects (206) (137) (43)
Non-taxable income (134) (167) (62)
Effect of rates different than statutory 34 117 37
Currency translation 56 335 48
Change in valuation allowance 220 4 92
Tax Inflation Adjustments (130) (136) (35)
True up (9) (3) (16)
Income tax expense $ 521 $ 569 $ 298
[1] Recast for consistency with the current presentation due to the change in the presentation of certain financial results. Please refer to Note 2 – Summary of significant accounting policies - Change in the presentation of certain financial results and reclassification of prior years results to our audited consolidated financial statements for further details.