XML 61 R48.htm IDEA: XBRL DOCUMENT
v3.24.2

ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2024
Equity [Abstract] |
Schedule of Accumulated Other Comprehensive Loss | The following tables summarize the activity within accumulated other comprehensive loss during the three and six months ended June 30, 2024 and 2023. Certain prior period amounts have been updated to reflect the gains and losses on hedge instruments that were reclassified to the income statement.
(in millions) | Foreign currency translation adjustments |  | Hedge instruments |  | Defined benefit retirement plans |  |  |  | Total
Beginning balance, March 31, 2024 | $ | (785) |  |  | $ | 36 |  |  | $ | (134) |  |  |  |  | $ | (883) |
Comprehensive (loss) income before reclassifications | (24) |  |  | (14) |  |  | 2 |  |  |  |  | (36) |
Income taxes associated with comprehensive (loss) income before reclassifications | (7) |  |  | — |  |  | (1) |  |  |  |  | (8) |
Reclassification from accumulated other comprehensive (loss) income | — |  |  | (12) |  |  | (1) |  |  |  |  | (13) |
Income taxes associated with comprehensive income (loss) reclassified into net earnings | — |  |  | — |  |  | 2 |  |  |  |  | 2 |
Ending balance, June 30, 2024 | $ | (816) |  |  | $ | 10 |  |  | $ | (132) |  |  |  |  | $ | (938) |
(in millions) | Foreign currency translation adjustments |  | Hedge instruments |  | Defined benefit retirement plans |  |  |  | Total
Beginning balance, March 31, 2023 | $ | (711) |  |  | $ | 18 |  |  | $ | (131) |  |  |  |  | $ | (824) |
Comprehensive (loss) income before reclassifications | (102) |  |  | 35 |  |  | (2) |  |  |  |  | (69) |
Income taxes associated with comprehensive (loss) income before reclassifications | 7 |  |  | — |  |  | (1) |  |  |  |  | 6 |
Reclassification from accumulated other comprehensive (loss) income | — |  |  | (11) |  |  | — |  |  |  |  | (11) |
Ending balance, June 30, 2023 | $ | (806) |  |  | $ | 42 |  |  | $ | (134) |  |  |  |  | $ | (898) |
(in millions) | Foreign currency translation adjustments |  | Hedge instruments |  | Defined benefit retirement plans |  |  |  | Total
Beginning balance, December 31, 2023 | $ | (719) |  |  | $ | 28 |  |  | $ | (137) |  |  |  |  | $ | (828) |
Comprehensive income (loss) before reclassifications | (76) |  |  | 4 |  |  | 8 |  |  |  |  | (64) |
Income taxes associated with comprehensive income (loss) before reclassifications | (21) |  |  | — |  |  | (1) |  |  |  |  | (22) |
Reclassification from accumulated other comprehensive (loss) income | — |  |  | (22) |  |  | (3) |  |  |  |  | (25) |
Income taxes associated with comprehensive income (loss) reclassified into net earnings | — |  |  | — |  |  | 1 |  |  |  |  | 1 |
Ending balance, June 30, 2024 | $ | (816) |  |  | $ | 10 |  |  | $ | (132) |  |  |  |  | $ | (938) |
(in millions) | Foreign currency translation adjustments |  | Hedge instruments |  | Defined benefit retirement plans |  |  |  | Total
Beginning balance, December 31, 2022 | $ | (750) |  |  | $ | 4 |  |  | $ | (130) |  |  |  |  | $ | (876) |
Comprehensive income (loss) before reclassifications | (68) |  |  | 48 |  |  | (4) |  |  |  |  | (24) |
Income taxes associated with comprehensive income (loss) before reclassifications | 12 |  |  | — |  |  | (1) |  |  |  |  | 11 |
Reclassification from accumulated other comprehensive (loss) income | — |  |  | (10) |  |  | 1 |  |  |  |  | (9) |
Ending balance, June 30, 2023 | $ | (806) |  |  | $ | 42 |  |  | $ | (134) |  |  |  |  | $ | (898) |

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482790/220-10-45-14A Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481674/830-30-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481694/830-30-45-20 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration