XML 23 R9.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Accumulated Other Comprehensive Income (Loss) | 3 Months Ended
--- | ---
Mar. 31, 2024
Equity [Abstract] |
Accumulated Other Comprehensive Income (Loss) | Accumulated Other Comprehensive Income (Loss) The following table displays the changes in Accumulated Other Comprehensive Income (Loss) (“AOCL”) by component, net of tax, for the three months ended March 31, 2024 (in millions):
| Cumulative Translation Adjustment |  | Pension and Postretirement Costs |  | Derivative Financial Instruments |  | AOCL
Balance at December 31, 2023 | $ | (668) |  |  | $ | (196) |  |  | $ | (26) |  |  | $ | (890) |
Other comprehensive income (loss) before reclassifications | (24) |  |  | 9 |  |  | 4 |  |  | (11) |
Amounts reclassified to earnings | — |  |  | (1) |  |  | 3 |  |  | 2 |
Net current period other comprehensive income (loss) | (24) |  |  | 8 |  |  | 7 |  |  | (9) |
Balance at March 31, 2024 | $ | (692) |  |  | $ | (188) |  |  | $ | (19) |  |  | $ | (899) |
Reclassifications from AOCL to the results of operations for the three months ended March 31, 2024 and 2023 were pretax (income) expense of (in millions):
|  |  | Three Months Ended March 31,
|  |  |  |  | 2024 |  | 2023
Pension and postretirement benefit plans (1) |  |  |  |  | $ | (1) |  |  | $ | — |
Derivative financial instruments (2) |  |  |  |  | 4 |  |  | (9) |
(1)See Footnote 10 for further information. (2)See Footnote 9 for further information. The income tax provision (benefit) allocated to the components of AOCL for the periods indicated are as follows (in millions):
|  |  | Three Months Ended March 31,
|  |  |  |  | 2024 |  | 2023
Foreign currency translation adjustments |  |  |  |  | $ | 12 |  |  | $ | (6) |
Pension and postretirement benefit costs |  |  |  |  | 3 |  |  | — |
Derivative financial instruments |  |  |  |  | 2 |  |  | (3) |
Income tax provision (benefit) related to AOCL |  |  |  |  | $ | 17 |  |  | $ | (9) |

X
- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483586/944-220-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483589/942-220-S99-1 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//220/tableOfContent + Details
Name: | us-gaap_ComprehensiveIncomeNoteTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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