Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2023

Fair Value Disclosures [Abstract]

Fair Value, Assets and Liabilities Measured on Recurring Basis

The following table presents our assets and liabilities that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy.

	June 30, 2023				December 31, 2022
	Total	Level 1	Level 2	Level 3	Total	Level 1	Level 2	Level 3
Assets
Money market funds	$1,679	$1,679			$1,797	$1,797
Available-for-sale debt investments:
Commercial paper	254		$254		256		$256
Corporate notes	175		175		195		195
U.S. government agencies	70		70		47		47
Other equity investments	8	8			10	10
Derivatives	96		96		112		112
Total assets	$2,282	$1,687	$595		$2,417	$1,807	$610
Liabilities
Derivatives	($124)		($124)		($141)		($141)
Other	(2)			($2)
Total liabilities	($126)		($124)	($2)	($141)		($141)

Fair Value, Assets Measured on Nonrecurring Basis Using Unobservable Inputs

The following table presents the nonrecurring losses recognized for the six months ended June 30 due to long-lived asset impairment and the fair value and asset classification of the related assets as of the impairment date:

	2023		2022
	Fair Value	Total Losses	Fair Value	Total Losses
Investments		($11)		($31)
Customer financing assets			$44	(2)
Property, plant and equipment				(19)
Other assets and Acquired intangible assets		(1)	1	(20)
Total		($12)	$45	($72)

Fair Values and Related Carrying Values of Financial Instruments

The fair values and related carrying values of financial instruments that are not required to be remeasured at fair value on the Condensed Consolidated Statements of Financial Position were as follows:

	June 30, 2023
	Carrying Amount	Total Fair Value	Level 1	Level 2	Level 3
Assets
Notes receivable, net	$367	$374		$374
Liabilities
Debt, excluding finance lease obligations	(52,037)	(49,345)		(49,345)

	December 31, 2022
	Carrying Amount	Total Fair Value	Level 1	Level 2	Level 3
Assets
Notes receivable, net	$385	$403		$403
Liabilities
Debt, excluding finance lease obligations	(56,794)	(52,856)		(52,856)