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Equity (Tables)
6 Months Ended
Jun. 30, 2024
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The following tables present changes in the accumulated balances for each component of other comprehensive income/ (loss) (in millions):
Changes in Accumulated Other Comprehensive Income/(Loss) by Component
Foreign currency translation adjustmentsComprehensive income from equity method investmentEmployee benefit plans adjustmentsTotal
Balance, as of December 31, 2023
$(230)$$(66)$(294)
Other comprehensive income/(loss)(22)— (13)
Income tax expense— (2)— (2)
Net current period other comprehensive income/(loss)(22)— (15)
Balance, as of June 30, 2024
$(252)$$(66)$(309)
Changes in Accumulated Other Comprehensive Income/(Loss) by Component
Foreign currency translation adjustmentsComprehensive income from equity method investmentEmployee benefit plans adjustmentsTotal
Balance, as of March 31, 2024
$(248)$$(66)$(305)
Other comprehensive loss(4)— — (4)
Income tax expense— — — — 
Net current period other comprehensive loss(4)— — (4)
Balance, as of June 30, 2024
$(252)$$(66)$(309)
Changes in Accumulated Other Comprehensive Income/(Loss) by Component
Foreign currency translation adjustmentsComprehensive income from equity method investmentEmployee benefit plans adjustmentsTotal
Balance, as of December 31, 2022
$(278)$$(55)$(331)
Other comprehensive income47 — — 47 
Income tax benefit/(expense)— — — — 
Net current period other comprehensive income47 — — 47 
Balance, as of June 30, 2023
$(231)$$(55)$(284)
Changes in Accumulated Other Comprehensive Income/(Loss) by Component
Foreign currency translation adjustmentsComprehensive income from equity method investmentEmployee benefit plans adjustmentsTotal
Balance, as of March 31, 2023
$(262)$$(55)$(315)
Other comprehensive income31 — — 31 
Income tax benefit/(expense)— — — — 
Net current period other comprehensive income31 — — 31 
Balance, as of June 30, 2023
$(231)$$(55)$(284)