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Accumulated Other Comprehensive Income (Loss) (Tables)
12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
Schedule of Components of Accumulated Other Comprehensive Income (Loss)
The following tables display the components of accumulated other comprehensive income (loss) (“AOCL”), net of tax, as of and for the years ended December 31, 2024 and 2023 (in millions):
Cumulative Translation AdjustmentPension and Postretirement CostsDerivative Financial InstrumentsAOCL
Balance at December 31, 2022$(688)$(309)$(14)$(1,011)
Other comprehensive income (loss) before reclassifications18 (16)11 
Amounts reclassified to earnings11 95 110 
Net current period other comprehensive income (loss)20 113 (12)121 
Balance at December 31, 2023$(668)$(196)$(26)$(890)
Other comprehensive income (loss) before reclassifications(100)(14)14 (100)
Amounts reclassified to earnings(2)10 
Net current period other comprehensive income (loss)(99)(16)24 (91)
Balance at December 31, 2024$(767)$(212)$(2)$(981)
Schedule of Reclassifications from AOCL to Results of Operations
Reclassifications from AOCL to the results of operations for the years ended December 31, were pretax (income) expense of (in millions):
202420232022
Cumulative translation adjustment
$$11 $
Pension and postretirement costs (1)
(2)130 13 
Derivative financial instruments (2)
13 (21)

(1)See Footnote 11 for further information.
(2)See Footnote 10 for further information.
Schedule of Income Tax Provision (Benefit) Allocated to Components of AOCL
The income tax provision (benefit) allocated to the components of AOCL for the years ended December 31, are as follows (in millions):
202420232022
Foreign currency translation adjustments$33 $(20)$
Pension and postretirement costs(5)36 (10)
Derivative financial instruments(4)
Income tax provision (benefit) related to AOCL$36 $12 $(7)