The table below presents information about items that are carried at fair value at March 31, 2023 and December 31, 2022:


	Fair Value Measurement as of March 31, 2023
Description	Balance		Level 1		Level 2
Assets:
Derivatives (1)	$	16	$	—	$	16
Mutual funds	83		83		—
Total	$	99	$	83	$	16
Liabilities:
Derivatives (1)	$	308	$	—	$	308
Total	$	308	$	—	$	308


	Fair Value Measurement as of December 31, 2022
Description	Balance		Level 1		Level 2
Assets:
Derivatives (1)	$	46	$	—	$	46

Mutual funds	71		71		—
Total	$	117	$	71	$	46
Liabilities:
Derivatives (1)	$	319	$	—	$	319
Total	$	319	$	—	$	319

(1) Represents FX forward contracts, interest rate swaps and cross-currency swaps as more fully described in Note 8 to the condensed consolidated financial statements.