XML 64 R36.htm IDEA: XBRL DOCUMENT v3.25.1
FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Mar. 31, 2025
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis
The tables below present assets and liabilities measured at fair value on a recurring basis (in millions).
  March 31, 2025
CategoryBalance Sheet LocationLevel 1Level 2Level 3Total
Assets
Cash equivalents:
Time depositsCash and cash equivalents$— $349 $— $349 
Equity securities:
Money market fundCash and cash equivalents46 — — 46 
Mutual fundsPrepaid expenses and other current assets18 — — 18 
Company-owned life insurance contractsPrepaid expenses and other current assets— — 
Mutual fundsOther noncurrent assets210 — — 210 
Company-owned life insurance contractsOther noncurrent assets— 100 — 100 
Total$274 $452 $— $726 
Liabilities
Deferred compensation planAccrued liabilities$68 $— $— $68 
Deferred compensation planOther noncurrent liabilities639 — — 639 
Total$707 $— $— $707 
December 31, 2024
CategoryBalance Sheet LocationLevel 1Level 2Level 3Total
Assets
Cash equivalents:
Time depositsCash and cash equivalents$— $95 $— $95 
Equity securities:
Money market fundsCash and cash equivalents46 — — 46 
Mutual fundsPrepaid expenses and other current assets16 — — 16 
Company-owned life insurance contractsPrepaid expenses and other current assets— — 
Mutual fundsOther noncurrent assets216 — — 216 
Company-owned life insurance contractsOther noncurrent assets— 102 — 102 
Total$278 $198 $— $476 
Liabilities
Deferred compensation planAccrued liabilities$62 $— $— $62 
Deferred compensation planOther noncurrent liabilities650 — — 650 
Total$712 $— $— $712