XML 43 R34.htm IDEA: XBRL DOCUMENT v3.23.2

FAIR VALUE MEASUREMENT (Tables)

6 Months Ended

Jun. 30, 2023

Fair Value Disclosures [Abstract]

Schedule of Assets and Liabilities at Fair Value

The Company’s financial assets and liabilities set forth by level within the fair value hierarchy that were accounted for at fair value on a recurring basis were as follows:

						June 30, 2023
(in millions)						Total						Level 1						Level 2						Level 3
Assets
Cross currency basis swaps						$	17					$	—					$	17					$	—
Foreign exchange forward contracts						37						—						37						—
Total assets						$	54					$	—					$	54					$	—
Liabilities
Interest rate swaps						$	33					$	—					$	33					$	—
Foreign exchange forward contracts						10						—						10						—
Contingent considerations on acquisitions						4						—						—						4
Total liabilities						$	47					$	—					$	43					$	4

						December 31, 2022
(in millions)						Total						Level 1						Level 2						Level 3
Assets
Cross currency basis swaps						$	26					$	—					$	26					$	—
Foreign exchange forward contracts						38						—						38						—
Total assets						$	64					$	—					$	64					$	—
Liabilities
Interest rate swaps						$	34					$	—					$	34					$	—
Foreign exchange forward contracts						12						—						12						—
Contingent considerations on acquisitions						4						—						—						4
Total liabilities						$	50					$	—					$	46					$	4

X

- References

No definition available.

+ Details

Name:	us-gaap_FairValueDisclosuresAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482106/820-10-50-2

+ Details

Name:	us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration