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Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2022

Pension Plans

Defined Benefit Plan Disclosure [Line Items]

Schedule of Projected Benefit Obligations, Plan Assets and Funded Status of Pension Plans

The projected benefit obligations, plan assets and funded status of our pension plans were:

			U.S. Plans												Non-U.S. Plans
			2022						2021						2022						2021
			(in millions)
Projected benefit obligation at January 1			$	1,729					$	1,887					$	10,821					$	11,658
Service cost			5						6						88						137
Interest cost			51						42						172						130
Benefits paid			(39)						(31)						(461)						(533)
Settlements paid			(71)						(113)						—						—
Actuarial (gains)/losses			(482)						(63)						(2,844)						(269)
Acquisitions			—						—						18						—
Currency			—						—						(957)						(308)
Other			—						1						41						6
Projected benefit obligation at December 31			1,193						1,729						6,878						10,821
Fair value of plan assets at January 1			1,826						1,959						11,021						10,972
Actual return on plan assets			(455)						1						(2,388)						548
Contributions			4						10						211						292
Benefits paid			(39)						(31)						(461)						(533)
Settlements paid			(71)						(113)						—						—
Currency			—						—						(992)						(258)
Other			—						—						(2)						—
Fair value of plan assets at December 31			1,265						1,826						7,389						11,021
Net pension assets at December 31			$	72					$	97					$	511					$	200

Schedule of Pension Plans Resulted in Net Pension Asset (Liability)

The combined U.S. and non-U.S. pension plans resulted in a net pension asset of $583 million at December 31, 2022 and a net pension asset of $297 million at December 31, 2021. We recognized these amounts in our consolidated balance sheets as follows:

			As of December 31,
			2022						2021
			(in millions)
Prepaid pension assets			$	1,016					$	1,009
Other current liabilities			(30)						(31)
Accrued pension costs			(403)						(681)
			$	583					$	297

Schedule of Projected Benefit Obligations, Accumulated Benefit Obligations and Fair Value of Plan Assets

Certain of our U.S. and non-U.S. plans are underfunded with accumulated benefit obligations in excess of plan assets. For these plans, the projected benefit obligations, accumulated benefit obligations and the fair value of plan assets were:

			U.S. Plans												Non-U.S. Plans
			As of December 31,												As of December 31,
			2022						2021						2022						2021
			(in millions)
Projected benefit obligation			$	31					$	42					$	531					$	1,889
Accumulated benefit obligation			31						42						492						1,805
Fair value of plan assets			2						3						135						1,223

Schedule of Weighted-Average Assumptions Used to Determine Benefit Obligations

We used the following weighted-average assumptions to determine our benefit obligations under the pension plans:

			U.S. Plans												Non-U.S. Plans
			As of December 31,												As of December 31,
			2022						2021						2022						2021
Discount rate			5.55		%				3.01		%				4.51		%				1.73		%
Expected rate of return on plan assets			6.25		%				4.50		%				5.41		%				3.44		%
Rate of compensation increase			4.00		%				4.00		%				3.22		%				2.83		%

We used the following weighted-average assumptions to determine our net periodic pension cost:

			U.S. Plans																		Non-U.S. Plans
			For the Years Ended December 31,																		For the Years Ended December 31,
			2022						2021						2020						2022						2021						2020
Discount rate			3.01		%				2.73		%				3.44		%				1.74		%				1.33		%				1.74		%
Expected rate of return on plan assets			4.50		%				4.50		%				5.00		%				3.44		%				3.90		%				4.20		%
Rate of compensation increase			4.00		%				4.00		%				4.00		%				2.84		%				3.16		%				3.17		%

Schedule of Components of Net Costs

Net periodic pension cost consisted of the following:

			U.S. Plans																		Non-U.S. Plans
			For the Years Ended December 31,																		For the Years Ended December 31,
			2022						2021						2020						2022						2021						2020
			(in millions)
Service cost			$	5					$	6					$	6					$	88					$	137					$	121
Interest cost			51						42						49						172						130						149
Expected return on plan assets			(79)						(72)						(77)						(353)						(419)						(400)
Amortization:
Net loss/(gain)			6						17						17						57						130						118
Prior service cost/(benefit)			1						1						1						(2)						(6)						(7)
Curtailment expense/(credit) (1)			—						—						—						8						(17)						—
Settlement losses and other expenses			14						19						18						2						3						4
Net periodic pension cost			$	(2)					$	13					$	14					$	(28)					$	(42)					$	(15)

(1)During the third quarter of 2021, we terminated our Defined Benefit Pension Scheme in Nigeria. During the second quarter of 2021, we made a decision to freeze our Defined Benefit Pension Scheme in the United Kingdom. As a result, we recognized curtailment credits of ($17 million) in 2021 recorded within benefit plan non-service income. In connection with the United Kingdom plan freeze, we also incurred incentive payment charges and other expenses of $48 million in 2021 included in operating income.

Schedule of Fair Values of Pension Plan Assets

The fair value of pension plan assets was determined using the following fair value measurements:

						As of December 31, 2022
Asset Category						Total Fair Value						Quoted Prices in Active Markets for Identical Assets (Level 1)						Significant Other Observable Inputs (Level 2)						Significant Unobservable Inputs (Level 3)
						(in millions)
U.S. equity securities						$	3					$	3					$	—					$	—
Non-U.S. equity securities						1						1						—						—
Pooled funds - equity securities						960						906						54						—
Total equity securities						964						910						54						—
Government bonds						2,495						48						2,447						—
Pooled funds - fixed-income securities						560						453						107						—
Corporate bonds and other    fixed-income securities						2,296						144						612						1,540
Total fixed-income securities						5,351						645						3,166						1,540
Real estate						221						152						—						69
Private equity						4						—						—						4
Cash						4						3						—						1
Other						102						97						5						—
Total assets in the fair value hierarchy						$	6,646					$	1,807					$	3,225					$	1,614
Investments measured at net asset value						1,892
Total investments at fair value						$	8,538

						As of December 31, 2021
Asset Category						Total Fair Value						Quoted Prices in Active Markets for Identical Assets (Level 1)						Significant Other Observable Inputs (Level 2)						Significant Unobservable Inputs (Level 3)
						(in millions)
U.S. equity securities						$	4					$	4					$	—					$	—
Non-U.S. equity securities						3						3						—						—
Pooled funds - equity securities						1,545						1,084						461						—
Total equity securities						1,552						1,091						461						—
Government bonds						3,777						56						3,721						—
Pooled funds - fixed-income securities						648						449						199						—
Corporate bonds and other    fixed-income securities						3,943						139						1,415						2,389
Total fixed-income securities						8,368						644						5,335						2,389
Real estate						251						179						—						72
Private equity						4						—						—						4
Cash						5						4						—						1
Other						162						157						5						—
Total assets in the fair value hierarchy						$	10,342					$	2,075					$	5,801					$	2,466
Investments measured at net asset value						2,382
Total investments at fair value						$	12,724

The percentage of fair value of pension plan assets was:

						U.S. Plans												Non-U.S. Plans
						As of December 31,												As of December 31,
Asset Category						2022						2021						2022						2021
Equity securities						15%						15%						16%						17%
Fixed-income securities						85%						85%						63%						62%
Real estate						—						—						3%						3%
Buy-in annuity policies						—						—						17%						17%
Cash						—						—						1%						1%
Total						100%						100%						100%						100%

Schedule of Changes in Level 3 Plan Assets

Changes in our Level 3 plan assets, which are recorded in other comprehensive earnings/(losses), included:

Asset Category						January 1, 2022 Balance						Net Realized and Unrealized Gains/ (Losses)						Net Purchases, Issuances and Settlements						Net Transfers Into/(Out of) Level 3						Currency Impact						December 31, 2022 Balance
						(in millions)
Corporate bond and other    fixed-income securities						$	2,387					$	(450)					$	(148)					$	—					$	(249)					$	1,540
Real estate						74						3						(1)						—						(6)						70
Private equity and other						5						—						—						—						(1)						4
Total Level 3 investments						$	2,466					$	(447)					$	(149)					$	—					$	(256)					$	1,614
Asset Category						January 1, 2021 Balance						Net Realized and Unrealized Gains/ (Losses)						Net Purchases, Issuances and Settlements						Net Transfers Into/(Out of) Level 3						Currency Impact						December 31, 2021 Balance
						(in millions)
Corporate bond and other    fixed-income securities						$	1,791					$	(178)					$	784					$	—					$	(10)					$	2,387
Real estate						70						7						1						—						(4)						74
Private equity and other						4						1						—						—						—						5
Total Level 3 investments						$	1,865					$	(170)					$	785					$	—					$	(14)					$	2,466

Schedule of Estimated Future Benefit Payments

The estimated future benefit payments from our pension plans at December 31, 2022 were (in millions):

			2023						2024						2025						2026						2027						2028-2032
U.S. Plans			$147						$89						$92						$91						$90						$442
Non-U.S. Plans			404						395						401						414						419						2,157

Postretirement Health Care Plan

Defined Benefit Plan Disclosure [Line Items]

Schedule of Weighted-Average Assumptions Used to Determine Benefit Obligations

We used the following weighted-average assumptions to determine our net periodic postretirement health care cost:

			U.S. Plans																		Non-U.S. Plans
			For the Years Ended December 31,																		For the Years Ended December 31,
			2022						2021						2020						2022						2021						2020
Discount rate			2.96%						2.68%						3.41%						3.81%						3.35%						3.86%
Health care cost trend rate			5.50%						5.75%						6.00%						5.72%						5.66%						5.42%

Schedule of Components of Net Costs

Net periodic postretirement health care costs consisted of the following:

			For the Years Ended December 31,
			2022						2021						2020
			(in millions)
Service cost			$	2					$	4					$	5
Interest cost			9						8						12
Amortization:
Net loss/(gain)			1						2						7
Prior service credit			—						—						(30)
Net periodic postretirement health care costs/(benefit)			$	12					$	14					$	(6)

Schedule of Estimated Future Benefit Payments

Our estimated future benefit payments for our postretirement health care plans at December 31, 2022 were (in millions):

			2023						2024						2025						2026						2027						2028-2032
U.S. Plans			$11						$12						$11						$11						$11						$49
Non-U.S. Plans			4						5						5						5						5						28

Schedule of Changes in Accumulated Postemployment Benefit Obligations

Our postretirement health care plans are not funded. The changes in and the amount of the accrued benefit obligation were:

			As of December 31,
			2022						2021
			(in millions)
Accrued benefit obligation at January 1			$	317					$	361
Service cost			2						4
Interest cost			9						8
Benefits paid			(15)						(15)
Plan amendments			—						(1)
Currency			(5)						(1)
Actuarial losses/(gains)			(75)						(39)
Accrued benefit obligation at December 31			$	233					$	317

Schedule of Weighted-Average Assumptions to Determine Benefit Obligations

We used the following weighted-average assumptions to determine our postretirement benefit obligations:

			U.S. Plans												Non-U.S. Plans
			As of December 31,												As of December 31,
			2022						2021						2022						2021
Discount rate			5.53		%				2.96		%				6.07		%				3.81		%
Health care cost trend rate assumed for next year			7.00		%				5.50		%				5.98		%				5.72		%
Ultimate trend rate			5.00		%				5.00		%				4.70		%				4.47		%
Year that the rate reaches the ultimate trend rate			2031						2024						2040						2040

Postemployment Benefit Plans

Defined Benefit Plan Disclosure [Line Items]

Schedule of Components of Net Costs

Our postemployment plans are not funded. The changes in and the amount of the accrued benefit obligation at December 31, 2022 and 2021 were:

			As of December 31,
			2022						2021
			(in millions)
Accrued benefit obligation at January 1			$	56					$	65
Service cost			4						6
Interest cost			2						3
Benefits paid			(14)						(12)
Actuarial losses/(gains)			(1)						(6)
Accrued benefit obligation at December 31			$	47					$	56

Schedule of Changes in Accumulated Postemployment Benefit Obligations

Net periodic postemployment costs consisted of the following:

			For the Years Ended December 31,
			2022						2021						2020
			(in millions)
Service cost			$	4					$	6					$	6
Interest cost			2						3						3
Amortization of net gains			(6)						(4)						(2)
Net periodic postemployment costs			$	—					$	5					$	7

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