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Accumulated Other Comprehensive Loss (Tables)
12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
Components of Accumulated Other Comprehensive Loss

The components of accumulated other comprehensive loss are as follows (in millions):

 

 

 

 

 

Derivative

 

 

Employee

 

 

 

 

 

 

Currency

 

 

Financial

 

 

Benefit

 

 

 

 

 

 

Translation

 

 

Instruments,

 

 

Plans,

 

 

 

 

 

 

Adjustments

 

 

Net of Tax

 

 

Net of Tax

 

 

Total

 

Balance at December 31, 2021

 

$

(1,515

)

 

$

7

 

 

$

(38

)

 

$

(1,546

)

Accumulated other comprehensive income
   (loss) before reclassifications

 

 

(30

)

 

 

(17

)

 

 

(4

)

 

 

(51

)

Amounts reclassified from accumulated other
   comprehensive income (loss)

 

 

 

 

 

6

 

 

 

(2

)

 

 

4

 

Balance at December 31, 2022

 

$

(1,545

)

 

$

(4

)

 

$

(44

)

 

$

(1,593

)

Accumulated other comprehensive income
   (loss) before reclassifications

 

 

101

 

 

 

(21

)

 

 

(13

)

 

 

67

 

Amounts reclassified from accumulated other
   comprehensive income (loss)

 

 

12

 

 

 

20

 

 

 

1

 

 

 

33

 

Balance at December 31, 2023

 

$

(1,432

)

 

$

(5

)

 

$

(56

)

 

$

(1,493

)

Accumulated other comprehensive income
   (loss) before reclassifications

 

 

(138

)

 

 

(12

)

 

 

10

 

 

 

(140

)

Amounts reclassified from accumulated other
   comprehensive income (loss)

 

 

1

 

 

 

7

 

 

 

 

 

 

8

 

Balance at December 31, 2024

 

$

(1,569

)

 

$

(10

)

 

$

(46

)

 

$

(1,625

)

Components of Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)

The components of amounts reclassified from accumulated other comprehensive income (loss) are as follows (in millions):

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

 

 

Currency

 

 

Derivative

 

 

Employee

 

 

 

 

 

Currency

 

 

Derivative

 

 

Employee

 

 

 

 

 

Currency

 

 

Derivative

 

 

Employee

 

 

 

 

 

 

Translation

 

 

Financial

 

 

Benefit

 

 

 

 

 

Translation

 

 

Financial

 

 

Benefit

 

 

 

 

 

Translation

 

 

Financial

 

 

Benefit

 

 

 

 

 

 

Adjustments

 

 

Instruments

 

 

Plans

 

 

Total

 

 

Adjustments

 

 

Instruments

 

 

Plans

 

 

Total

 

 

Adjustments

 

 

Instruments

 

 

Plans

 

 

Total

 

Revenue

 

$

 

 

$

5

 

 

$

 

 

$

5

 

 

$

 

 

$

11

 

 

$

 

 

$

11

 

 

$

 

 

$

3

 

 

$

 

 

$

3

 

Cost of revenue

 

 

1

 

 

 

4

 

 

 

 

 

 

5

 

 

 

12

 

 

 

9

 

 

 

 

 

 

21

 

 

 

 

 

 

6

 

 

 

 

 

 

6

 

Selling, general,
   and administrative

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1

 

 

 

1

 

 

 

 

 

 

 

 

 

(2

)

 

 

(2

)

Tax effect

 

 

 

 

 

(2

)

 

 

 

 

 

(2

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(3

)

 

 

 

 

 

(3

)

 

$

1

 

 

$

7

 

 

$

 

 

$

8

 

 

$

12

 

 

$

20

 

 

$

1

 

 

$

33

 

 

$

 

 

$

6

 

 

$

(2

)

 

$

4