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Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Interest Rate Derivatives Outstanding
During first quarter 2024, the following derivatives were dedesignated as cash flow hedges. The net fair value of these cash flow hedges, which was not material, was recorded in Accumulated Other Comprehensive Loss and then reclassified to earnings.
Secured BorrowingDerivative Type
Notional Amount
CanadaSwap$56 
FranceCap76 
FranceCap49 
Total$181 
Schedule of Gains (losses) on Derivative Instruments
The following table provides a summary of gains (losses) on derivative instruments in cash flow hedging relationships:
Three Months Ended
June 30,
Six Months Ended
June 30,
2024202320242023
Derivative Loss Recognized in OCI (Effective Portion)
Foreign exchange contracts - forwards and options$(5)$(13)$(8)$(15)
Location of Derivative Losses (Gains) Reclassified from AOCL to Income (Effective Portion)
Cost of sales$(4)$(8)$(8)$(14)
Interest expense— 
Total$(4)$(7)$(7)$(12)
Schedule of Derivatives Not Designated as Hedging Instruments Gains (Losses)
The following table provides a summary of gains and (losses) on non-designated derivative instruments:
Derivatives NOT Designated as Hedging InstrumentsLocation of Derivative LossThree Months Ended
June 30,
Six Months Ended
June 30,
2024202320242023
Foreign exchange contracts – forwardsOther expenses, net – Currency losses, net$(6)$(28)$(14)$(33)