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Derivative Financial Instruments (Tables) | 12 Months Ended
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Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of derivative instruments in statement of financial position, fair value | The table below presents the fair value of our derivative financial instruments as well as their classification on the consolidated balance sheets at December 31, 2022 and December 31, 2021 as follows (in millions):
|  | December 31, 2022 |  | December 31, 2021
Derivatives designated as | Balance Sheet Location | Fair Value
Cash flow hedging contracts | Other current and noncurrent liabilities | $ | — |  |  | 25 |
Derivative instruments, gain (loss) | The amount of unrealized losses recognized in accumulated other comprehensive loss consists of the following (in millions):
Derivatives designated as hedging instruments | 2022 |  | 2021 |  | 2020
Cash flow hedging contracts |  |  |  |  |
Years Ended December 31, | $ | — |  |  | 1 |  |  | 115 |
Schedule of reclassifications out of accumulated other comprehensive income (loss) by component | The amount of realized losses reclassified from accumulated other comprehensive loss to the statement of operations consists of the following (in millions):
Derivatives designated as hedging instruments | 2022 |  | 2021 |  | 2020
Cash flow hedging contracts |  |  |  |  |
Years Ended December 31, | $ | 22 |  |  | 83 |  |  | 62 |
The table below presents further information about our reclassifications out of accumulated other comprehensive loss by component for the year ended December 31, 2022:
Year Ended December 31, 2022 |  | Decrease (Increase) in Net Income |  | Affected Line Item in Consolidated Statement of Operations
|  | (Dollars in millions) |  |
Interest rate swaps |  | $ | 22 |  |  | Interest expense
Income tax benefit |  | (5) |  |  | Income tax expense
Net of tax |  | $ | 17 |  |  |
Amortization of pension & post-retirement plans (1) |  |  |  |
Net actuarial loss |  | $ | 121 |  | Other income (expense), net
Prior service cost |  | (2) |  | Other income (expense), net
Reclassification of net actuarial loss and prior service credit to gain on the sale of business |  | 539 |  |  | Gain on sale of businesses
Total before tax |  | 658 |  |  |
Income tax benefit |  | (165) |  | Income tax expense
Net of tax |  | $ | 493 |  |  |
Reclassification of realized loss on foreign currency translation to gain on the sale of business |  | $ | 112 |  |  | Gain on sale of businesses
Income tax benefit |  | — |  | Income tax expense
Net of tax |  | $ | 112 |  |  |
________________________________________________________________________ (1)See Note 11—Employee Benefits for additional information on our net periodic benefit (expense) income related to our pension and post-retirement plans. The table below presents further information about our reclassifications out of accumulated other comprehensive loss by component for the year ended December 31, 2021:
Year Ended December 31, 2021 |  | (Decrease) Increase in Net Loss |  | Affected Line Item in Consolidated Statement of Operations
|  | (Dollars in millions) |  |
Interest rate swap |  | $ | 83 |  |  | Interest expense
Income tax benefit |  | (20) |  |  | Income tax expense
Net of tax |  | $ | 63 |  |  |
Amortization of pension & post-retirement plans (1) |  |  |  |
Net actuarial loss |  | $ | 190 |  |  | Other income (expense), net
Settlement charge |  | 383 |  |  | Other income (expense), net
Prior service cost |  | 6 |  |  | Other income (expense), net
Total before tax |  | 579 |  |  |
Income tax benefit |  | (142) |  |  | Income tax expense
Net of tax |  | $ | 437 |  |  |
________________________________________________________________________ (1)See Note 11—Employee Benefits for additional information on our net periodic benefit (expense) income related to our pension and post-retirement plans.

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- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4E -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624181-113959 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5618551-113959 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624171-113959 + Details
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- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624163-113959 + Details
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