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Shareholders' Equity (Tables) | 12 Months Ended
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Dec. 31, 2024
Equity [Abstract] |
Schedule of Changes in AOCI | The following tables set forth the changes in AOCI by component and the reclassifications out of AOCI for the years ended December 31, 2024, 2023, and 2022 (in millions).
| Foreign Currency Translation Adjustments |  | Deferred Gain (Loss) on Hedging Activities |  | Pension and Other Postretirement Benefit Liabilities |  | Unrealized Gain (Loss) on Investments |  | Accumulated Other Comprehensive Income (Loss)
Balance at December 31, 2021 | $ | (2,248) |  |  | $ | 225 |  |  | $ | (147) |  |  | $ | (2) |  |  | $ | (2,172) |
Other comprehensive income (loss) before reclassifications | (609) |  |  | 268 |  |  | 117 |  |  | (12) |  |  | (236) |
Gain (loss) from net investment hedges | 328 |  |  | — |  |  | — |  |  | — |  |  | 328 |
Amounts reclassified from AOCI | — |  |  | (352) |  |  | 23 |  |  | — |  |  | (329) |
Tax effect | (93) |  |  | 7 |  |  | (15) |  |  | 1 |  |  | (100) |
Net of tax amount | (374) |  |  | (77) |  |  | 125 |  |  | (11) |  |  | (337) |
Balance at December 31, 2022 | (2,622) |  |  | 148 |  |  | (22) |  |  | (13) |  |  | (2,509) |
Other comprehensive income (loss) before reclassifications | 204 |  |  | 337 |  |  | (46) |  |  | 16 |  |  | 511 |
Gain (loss) on net investment hedges | (153) |  |  | — |  |  | — |  |  | — |  |  | (153) |
Amounts reclassified from AOCI | — |  |  | (322) |  |  | (42) |  |  | — |  |  | (364) |
Tax effect | 32 |  |  | (5) |  |  | 2 |  |  | (1) |  |  | 28 |
Net of tax amount | 83 |  |  | 10 |  |  | (86) |  |  | 15 |  |  | 22 |
Balance at December 31, 2023 | (2,539) |  |  | 158 |  |  | (108) |  |  | 2 |  |  | (2,487) |
Other comprehensive income (loss) before reclassifications | (607) |  |  | (118) |  |  | (27) |  |  | (16) |  |  | (768) |
Gain (loss) on net investment hedges | 192 |  |  |  |  | — |  |  | — |  |  | 192 |
Amounts reclassified from AOCI | — |  |  | 77 |  |  | 42 |  |  | — |  |  | 119 |
Tax effect | (45) |  |  | 9 |  |  | (7) |  |  | (1) |  |  | (44) |
Net of tax amount | (460) |  |  | (32) |  |  | 8 |  |  | (17) |  |  | (501) |
Balance at December 31, 2024 | $ | (2,999) |  |  | $ | 126 |  |  | $ | (100) |  |  | $ | (15) |  |  | $ | (2,988) |
Schedule of Reclassifications out of AOCI |
| Amounts reclassified from AOCI Year Ended December 31, | Affected line item in the Consolidated Statements of
Details about AOCI components | 2024 | 2023 | 2022 | Earnings
Deferred loss (gain) on hedging activities |  |  |  |
| $ | — |  | $ | — |  | $ | (1) |  | Revenues
| 77 |  | (322) |  | (351) |  | Cost of products sold
| 77 |  | (322) |  | (352) |  | Earnings before income taxes
| (20) |  | 77 |  | 62 |  | Income tax expense
| $ | 57 |  | $ | (245) |  | $ | (290) |  | Net earnings

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