Accumulated Other Comprehensive Income (Loss) (Tables)

6 Months Ended

Jun. 30, 2024

Accumulated Other Comprehensive Income (Loss) [Line Items]

Accumulated Other Comprehensive Income (Loss)

The components of Accumulated Other Comprehensive Income (Loss) are as follows (in millions):

	Three Months Ended June 30, 2024
	Foreign Currency Translation		Unrealized Gain (Loss) on Cash Flow Hedges		Unrealized Gain on Pension Plans		Other Comprehensive Income (Loss) from Unconsolidated Subsidiaries		Accumulated Other Comprehensive Income (Loss)
Balance as of April 1, 2024	$	(300)	$	(7)	$	6	$	3	$	(298)
Pretax (loss) income	(21)		3		—		—		(18)
Income tax effect	—		(1)		—		—		(1)
Reclassification of unrealized gain	—		(2)		—		—		(2)
Reclassification of deferred income taxes	—		1		—		—		1
Other comprehensive income from unconsolidated subsidiaries	—		—		—		5		5
Balance as of June 30, 2024	$	(321)	$	(6)	$	6	$	8	$	(313)

	Three Months Ended June 30, 2023
	Foreign Currency Translation		Unrealized Gain (Loss) on Cash Flow Hedges		Unrealized Gain on Pension Plans		Other Comprehensive Income (Loss) from Unconsolidated Subsidiaries		Accumulated Other Comprehensive Income (Loss)
Balance as of April 1, 2023	$	(276)	$	(17)	$	11	$	2	$	(280)
Pretax income	34		14		—		—		48
Income tax effect	—		(3)		—		—		(3)
Reclassification of unrealized gain	—		(1)		—		—		(1)
Other comprehensive income from unconsolidated subsidiaries	—		—		—		1		1
Balance as of June 30, 2023	$	(242)	$	(7)	$	11	$	3	$	(235)

	Six Months Ended June 30, 2024
	Foreign Currency Translation		Unrealized Gain (Loss) on Cash Flow Hedges		Unrealized Gain on Pension Plans		Other Comprehensive Income (Loss) from Unconsolidated Subsidiaries		Accumulated Other Comprehensive Income (Loss)
Balance as of January 1, 2024	$	(243)	$	(11)	$	6	$	8	$	(240)
Pretax (loss) income	(78)		9		—		—		(69)
Income tax effect	—		(2)		—		—		(2)
Reclassification of unrealized gain	—		(3)		—		—		(3)
Reclassification of deferred income taxes	—		1		—		—		1
Balance as of June 30, 2024	$	(321)	$	(6)	$	6	$	8	$	(313)

	Six Months Ended June 30, 2023
	Foreign Currency Translation		Unrealized Gain (Loss) on Cash Flow Hedges		Unrealized Gain on Pension Plans		Other Comprehensive Income (Loss) from Unconsolidated Subsidiaries		Accumulated Other Comprehensive Income (Loss)
Balance as of January 1, 2023	$	(333)	$	—	$	11	$	(1)	$	(323)
Pretax income (loss)	91		(8)		—		—		83
Income tax effect	—		2		—		—		2
Reclassification of unrealized gain	—		(1)		—		—		(1)
Other comprehensive income from unconsolidated subsidiaries	—		—		—		4		4
Balance as of June 30, 2023	$	(242)	$	(7)	$	11	$	3	$	(235)