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FAIR VALUE OF FINANCIAL INSTRUMENTS - Summary of Fair Value Measurement Assets and Liabilities Measured on Recurring Basis (Detail) - USD ($) $ in Millions | Mar. 31, 2024 | Dec. 31, 2023
--- | --- | ---
Financial assets: |  |
Derivative asset | $ 85 | $ 54
Financial assets | 85 | 54
Financial liabilities: |  |
Financial liabilities | (6) | (6)
Level 1 |  |
Financial assets: |  |
Financial assets | 0 | 0
Financial liabilities: |  |
Financial liabilities | 0 | 0
Level 2 |  |
Financial assets: |  |
Financial assets | 85 | 54
Financial liabilities: |  |
Financial liabilities | 0 | 0
Level 3 |  |
Financial assets: |  |
Financial assets | 0 | 0
Financial liabilities: |  |
Financial liabilities | (6) | (6)
Derivatives designated as hedge instruments |  |
Financial assets: |  |
Derivative asset | 85 | 54
Derivatives designated as hedge instruments | Interest rate swaps | Cash flow hedges: |  |
Financial assets: |  |
Derivative asset | 22 | 7
Derivatives designated as hedge instruments | Cross currency contracts | Cash flow hedges: |  |
Financial assets: |  |
Derivative asset | 11 | 10
Derivatives designated as hedge instruments | Cross currency contracts | Net investment hedges: |  |
Financial assets: |  |
Derivative asset | 22 | 20
Derivatives designated as hedge instruments | Cross currency contracts | Fair value hedges: |  |
Financial assets: |  |
Derivative asset | 30 | 17
Derivatives designated as hedge instruments | Forward currency forward contracts | Cash flow hedges: |  |
Financial assets: |  |
Derivative asset | 0 |
Derivatives designated as hedge instruments | Foreign currency forward contracts | Cash flow hedges: |  |
Financial assets: |  |
Derivative asset | 0 | 0
Derivatives designated as hedge instruments | Level 1 | Interest rate swaps | Cash flow hedges: |  |
Financial assets: |  |
Derivative asset | 0 | 0
Derivatives designated as hedge instruments | Level 1 | Cross currency contracts | Cash flow hedges: |  |
Financial assets: |  |
Derivative asset | 0 | 0
Derivatives designated as hedge instruments | Level 1 | Cross currency contracts | Net investment hedges: |  |
Financial assets: |  |
Derivative asset | 0 | 0
Derivatives designated as hedge instruments | Level 1 | Cross currency contracts | Fair value hedges: |  |
Financial assets: |  |
Derivative asset | 0 | 0
Derivatives designated as hedge instruments | Level 1 | Forward currency forward contracts | Cash flow hedges: |  |
Financial assets: |  |
Derivative asset | 0 |
Derivatives designated as hedge instruments | Level 2 | Interest rate swaps | Cash flow hedges: |  |
Financial assets: |  |
Derivative asset | 22 | 7
Derivatives designated as hedge instruments | Level 2 | Cross currency contracts | Cash flow hedges: |  |
Financial assets: |  |
Derivative asset | 11 | 10
Derivatives designated as hedge instruments | Level 2 | Cross currency contracts | Net investment hedges: |  |
Financial assets: |  |
Derivative asset | 22 | 20
Derivatives designated as hedge instruments | Level 2 | Cross currency contracts | Fair value hedges: |  |
Financial assets: |  |
Derivative asset | 30 | 17
Derivatives designated as hedge instruments | Level 2 | Forward currency forward contracts | Cash flow hedges: |  |
Financial assets: |  |
Derivative asset | 0 |
Derivatives designated as hedge instruments | Level 3 | Interest rate swaps | Cash flow hedges: |  |
Financial assets: |  |
Derivative asset | 0 | 0
Derivatives designated as hedge instruments | Level 3 | Cross currency contracts | Cash flow hedges: |  |
Financial assets: |  |
Derivative asset | 0 | 0
Derivatives designated as hedge instruments | Level 3 | Cross currency contracts | Net investment hedges: |  |
Financial assets: |  |
Derivative asset | 0 | 0
Derivatives designated as hedge instruments | Level 3 | Cross currency contracts | Fair value hedges: |  |
Financial assets: |  |
Derivative asset | 0 | 0
Derivatives designated as hedge instruments | Level 3 | Forward currency forward contracts | Cash flow hedges: |  |
Financial assets: |  |
Derivative asset | 0 |
Derivatives not designated as hedge instruments |  |
Financial assets: |  |
Derivative asset | 0 | 0
Derivatives not designated as hedge instruments | Forward currency forward contracts |  |
Financial assets: |  |
Derivative asset | 0 | 0
Derivatives not designated as hedge instruments | Foreign currency forward contracts |  |
Financial assets: |  |
Derivative asset | 0 | 0
Financial liabilities: |  |
Derivative liability | 0 | 0
Derivatives not designated as hedge instruments | Contingent consideration obligations |  |
Financial liabilities: |  |
Contingent consideration obligations | (6) | (6)
Derivatives not designated as hedge instruments | Level 1 | Forward currency forward contracts |  |
Financial assets: |  |
Derivative asset | 0 | 0
Derivatives not designated as hedge instruments | Level 1 | Foreign currency forward contracts |  |
Financial liabilities: |  |
Derivative liability | 0 | 0
Derivatives not designated as hedge instruments | Level 1 | Contingent consideration obligations |  |
Financial liabilities: |  |
Contingent consideration obligations | 0 | 0
Derivatives not designated as hedge instruments | Level 2 | Forward currency forward contracts |  |
Financial assets: |  |
Derivative asset | 0 | 0
Derivatives not designated as hedge instruments | Level 2 | Foreign currency forward contracts |  |
Financial liabilities: |  |
Derivative liability | 0 | 0
Derivatives not designated as hedge instruments | Level 2 | Contingent consideration obligations |  |
Financial liabilities: |  |
Contingent consideration obligations | 0 | 0
Derivatives not designated as hedge instruments | Level 3 | Forward currency forward contracts |  |
Financial assets: |  |
Derivative asset | 0 | 0
Derivatives not designated as hedge instruments | Level 3 | Foreign currency forward contracts |  |
Financial liabilities: |  |
Derivative liability | 0 | 0
Derivatives not designated as hedge instruments | Level 3 | Contingent consideration obligations |  |
Financial liabilities: |  |
Contingent consideration obligations | $ (6) | $ (6)

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