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Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2022

Retirement Benefits [Abstract]

Assumptions Used in Calculating the Benefit Obligations and the Net Amount Recognized

Assumptions Used in Calculating the Benefit Obligations and the Net Amount Recognized

			For the years ended December 31,
			2022			2021			2020
Weighted Average Assumptions used to determine benefit obligations
Discount rate:
U.S. Pension Plan			5.43		%	2.91		%	2.65		%
Other Pension Plans			5.40		%	2.83		%	2.51		%
Other postretirement benefits			5.39		%	2.72		%	2.36		%
Interest crediting rate on cash balance plan			3.89		%	3.30		%	3.30		%
Weighted Average Assumptions used to determine net periodic benefit costs:
Discount rate:
U.S. Pension Plan			2.91		%	2.66		%	3.33		%
Other Pension Plans			2.83		%	2.52		%	3.25		%
Other postretirement benefits			2.72		%	2.36		%	3.15		%
Expected long-term rate of return on plan assets:
U.S. Pension Plan			5.10		%	5.40		%	6.00		%
Other Pension Plans			3.30		%	2.90		%	3.90		%
Other postretirement benefits			4.80		%	4.90		%	5.60		%
Assumed Health Care Cost Trend Rates
Pre-65 health care cost trend rate			7.00		%	7.00		%	7.00		%
Post-65 health care cost trend rate			N/A			N/A			N/A
Rate to which the cost trend rate is assumed to decline (the ultimate trend rate)			4.50		%	4.50		%	4.50		%
Year that the rate reaches the ultimate trend rate			2032			2032			2032

Schedule of Net Funded Status

Obligations and Funded Status

			U.S. Pension Plan									Other Pension Plans									Total Pension Plans									Other Postretirement Benefits
			For the years ended December 31,
			2022			2021						2022			2021						2022			2021						2022			2021
Change in Benefit Obligation
Benefit obligation — beginning of year			$	4,210		$	4,409					$	439		$	466					$	4,649		$	4,875					$	197		$	220
Service cost			4			4						—			—						4			4						—			—
Interest cost			101			87						10			9						111			96						4			3
Plan participants’ contributions			—			—						—			—						—			—						10			11
Actuarial loss (gain)			14			(7)						4			2						18			(5)						(5)			1
Changes in assumptions			(985)			(96)						(92)			(11)						(1,077)			(107)						(33)			(5)
Benefits paid			(188)			(187)						(27)			(26)						(215)			(213)						(30)			(33)
Foreign exchange adjustment			—			—						—			(1)						—			(1)						—			—
Benefit obligation — end of year [1]			$	3,156		$	4,210					$	334		$	439					$	3,490		$	4,649					$	143		$	197
Change in Plan Assets
Fair value of plan assets — beginning of year			$	4,467		$	4,346					$	15		$	17					$	4,482		$	4,363					$	51		$	63
Actual return on plan assets			(742)			338						(3)			(1)						(745)			337						(6)			4
Employer contributions			—			—						—			—						—			—						5			7
Benefits paid [2]			(188)			(187)						(1)			(1)						(189)			(188)						(20)			(23)
Expenses paid			(24)			(30)						—			—						(24)			(30)						—			—
Fair value of plan assets — end of year			$	3,513		$	4,467					$	11		$	15					$	3,524		$	4,482					$	30		$	51
Funded status — end of year			$	357		$	257					$	(323)		$	(424)					$	34		$	(167)					$	(113)		$	(146)
Amounts Recognized in the Consolidated Balance Sheets
Other assets			$	357		$	257					$	—		$	—					$	357		$	257					$	—		$	—
Other liabilities			$	—		$	—					$	(323)		$	(424)					$	(323)		$	(424)					$	(113)		$	(146)

[1]As of December 31, 2022 and 2021, the Accumulated Benefit Obligation is equal to the Projected Benefit Obligation.

[2]Other postretirement benefits paid represent non-key employee postretirement medical benefits paid from the Company's prefunded trust fund, net of participant contributions.

Net Periodic Cost (Benefit)

Net Periodic Cost (Benefit)

			Pension Benefits									Other Postretirement Benefits
			For the years ended December 31,
			2022			2021			2020			2022			2021			2020
Service cost			$	4		$	4		$	4		$	—		$	—		$	—
Interest cost			111			96			127			4			3			6
Expected return on plan assets			(202)			(205)			(215)			(2)			(3)			(4)
Amortization of prior service credit			—			—			—			(7)			(7)			(7)
Amortization of actuarial loss			62			69			60			7			8			7
Net periodic cost (benefit)			$	(25)		$	(36)		$	(24)		$	2		$	1		$	2

Amounts Recognized in Other Comprehensive Income (Loss)

Amounts Recognized in Other Comprehensive Income (Loss)

			Pension Benefits									Other Postretirement Benefits
			For the years ended December 31,
			2022			2021			2020			2022			2021			2020
Amortization of actuarial loss			$	62		$	69		$	60		$	7		$	8		$	7
Amortization of prior service credit			—			—			—			(7)			(7)			(7)
Net actuarial gain (loss)			89			214			(106)			30			5			(11)
Prior service cost (credit)			—			—			—			—			—			—
Total			$	151		$	283		$	(46)		$	30		$	6		$	(11)

Amounts in Accumulated Other Comprehensive Income (Loss), Before Tax, not yet Recognized as Components of Net Periodic Benefit Cost

Amounts in Accumulated Other Comprehensive Income (Loss), Before Tax, not yet Recognized as Components of Net Periodic Benefit Cost

			Pension Benefits									Other Postretirement Benefits
			As of December 31,
			2022			2021			2020			2022			2021			2020
Net loss			$	(1,664)		$	(1,815)		$	(2,098)		$	(87)		$	(124)		$	(136)
Prior service credit			—			—			—			47			54			60
Total			$	(1,664)		$	(1,815)		$	(2,098)		$	(40)		$	(70)		$	(76)

Pension Plan Assets Fair Value Measurements Using Significant Unobservable Inputs

Pension Plan Asset Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
Assets			Corporate			RMBS			Foreign government			Mortgage loans			Other [1]						Totals
Fair Value as of January 1, 2022			$	42		$	—		$	2		$	202		$	5					$	251
Realized gains, net			—			—			—			—			—						—
Changes in unrealized gains (losses), net			(10)			—			—			(25)			—						(35)
Purchases			1			—			—			4			—						5
Settlements			—			—			—			—			—						—
Sales			(2)			—			—			(16)			—						(18)
Transfers into Level 3			3			—			—			—			—						3
Transfers out of Level 3			(3)			—			(1)			—			(4)						(8)
Fair Value as of December 31, 2022			$	31		$	—		$	1		$	165		$	1					$	198
Fair Value as of January 1, 2021			$	39		$	1		$	9		$	161		$	—					$	210
Realized gains (losses), net			—			—			—			(3)			—						(3)
Changes in unrealized gains, net			—			—			—			—			—						—
Purchases			6			—			—			55			5						66
Settlements			—			—			—			—			—						—
Sales			(5)			—			(7)			(11)			—						(23)
Transfers into Level 3			2			—			—			—			—						2
Transfers out of Level 3			—			(1)			—			—			—						(1)
Fair Value as of December 31, 2021			$	42		$	—		$	2		$	202		$	5					$	251

[1]"Other" includes U.S. Treasuries, Other fixed income and CMBS investments.

Plan Assets

Target Asset Allocation Ranges

			Pension Plans						Other Postretirement Plans
			Minimum			Maximum			Minimum			Maximum
Equity securities			—		%	20		%	—		%	—		%
Fixed income securities			75		%	95		%	100		%	100		%
Alternative assets			—		%	25		%	—		%	—		%

Pension Plan Assets at Fair Value

			As of December 31, 2022															As of December 31, 2021
Asset Category			Level 1			Level 2			Level 3			Total						Level 1			Level 2			Level 3			Total
Short-term investments:			$	155		$	—		$	—		$	155					$	120		$	29		$	—		$	149
Fixed Income Securities:
Corporate			—			1,791			31			1,822						—			2,333			42			2,375
RMBS			—			115			—			115						—			98			—			98
U.S. Treasuries			—			165			—			165						23			169			—			192
Foreign government			—			25			1			26						—			38			2			40
CMBS			—			57			1			58						—			56			4			60
Other fixed income [1]			—			139			—			139						—			185			1			186
Mortgage Loans			—			—			165			165						—			—			202			202
Equity Securities:
Domestic			8			—			—			8						237			—			—			237
International			—			7			—			7						121			—			—			121
Total pension plan assets at fair value, in the fair value hierarchy [2]			163			2,299			198			2,660						501			2,908			251			3,660
Other Investments, at net asset value [3]:
Private Market Alternatives												666															572
Hedge funds												152															199
Total pension plan assets at fair value			$	163		$	2,299		$	198		$	3,478					$	501		$	2,908		$	251		$	4,431

[1]Includes ABS, municipal bonds, and CDOs.

[2]Excludes $46 and $51 as of December 31, 2022 and 2021, respectively, of investment receivables net of investment payables that are excluded from this disclosure requirement because they are trade receivables in the ordinary course of business where the carrying amount approximates fair value.

[3]Investments that are measured at net asset value per share or an equivalent and have not been classified in the fair value hierarchy.

Other Postretirement Plan Assets at Fair Value

			As of December 31, 2022															As of December 31, 2021
Asset Category			Level 1			Level 2			Level 3			Total						Level 1			Level 2			Level 3			Total
Short-term investments			$	25		$	—		$	—		$	25					$	1		$	—		$	—		$	1
Fixed Income Securities:
Corporate			—			—			—			—						—			11			—			11
RMBS			—			1			—			1						—			7			—			7
U.S. Treasuries			—			4			—			4						1			13			—			14
Foreign government			—						—			—						1			—			—			1
CMBS			—			—			—			—						—			—			—			—
Other fixed income			—			—			—			—						—			1			—			1
Equity Securities:
Large-cap			—			—			—			—						16			—			—			16
Total other postretirement plan assets at fair value			$	25		$	5		$	—		$	30					$	19		$	32		$	—		$	51

Amounts of Benefits Expected to be Paid over the next Ten Years from Pension and other Postretirement Plans

Amounts of Benefits Expected to be Paid over the next Ten Years from Pension and other Postretirement Plans as of December 31, 2022

			Pension Benefits			Other Postretirement Benefits
2023			$	235		$	18
2024			240			16
2025			249			15
2026			255			13
2027			256			12
2028 - 2032			1,279			51
Total			$	2,514		$	125

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