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OTHER INCOME (EXPENSE), NET (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Other Income and Expenses [Abstract]      
Interest and dividend income $ 16 $ 54 $ 152
Net (losses) gains on equity securities [1] (569) 1,813 745
Impairment of investment [1] 0 (100) 0
Foreign currency transaction gains (losses) [2] 111 (207) (31)
Loss on early extinguishment of debt [3] (242) 0 0
Other [4] (13) (6) 13
Other income (expense), net (697) 1,554 879
Foreign currency transaction gains (losses) related to Euro-denominated debt $ 135 $ (200) $ 7
[1] See Note 5 for additional information related to the net (losses) gains on equity securities and impairment of investment.
[2] Foreign currency transaction gains (losses) include gains of $135 million, losses of $200 million, and gains of $7 million, for the years ended December 31, 2021, 2020 and 2019, respectively, related to Euro-denominated debt and accrued interest that were not designated as net investment hedges (see Note 12).
[3] See Note 12 for additional information related to the loss on early extinguishment of debt.
[4] The amount for the year ended December 31, 2021 includes losses on reverse treasury lock agreements which were designated as cash flow hedges (see Note 6).