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Equity (Tables)
9 Months Ended
Sep. 30, 2024
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The following tables present changes in the accumulated balances for each component of other comprehensive income/ (loss) (in millions):
Changes in Accumulated Other Comprehensive Income/(Loss) by Component
Foreign currency translation adjustmentsComprehensive income from equity method investmentEmployee benefit plans adjustmentsTotal
Balance, as of December 31, 2023
$(230)$$(66)$(294)
Other comprehensive income36 — 45 
Income tax expense— (2)— (2)
Net current period other comprehensive income36 — 43 
Balance, as of September 30, 2024
$(194)$$(66)$(251)
Changes in Accumulated Other Comprehensive Income/(Loss) by Component
Foreign currency translation adjustmentsComprehensive income from equity method investmentEmployee benefit plans adjustmentsTotal
Balance, as of June 30, 2024
$(252)$$(66)$(309)
Other comprehensive income58 — — 58 
Income tax expense— — — — 
Net current period other comprehensive income58 — — 58 
Balance, as of September 30, 2024
$(194)$$(66)$(251)
Changes in Accumulated Other Comprehensive Income/(Loss) by Component
Foreign currency translation adjustmentsComprehensive income from equity method investmentEmployee benefit plans adjustmentsTotal
Balance, as of December 31, 2022
$(278)$$(55)$(331)
Other comprehensive income/(loss)— — — — 
Income tax benefit/(expense)— — — — 
Net current period other comprehensive income/(loss)— — — — 
Balance, as of September 30, 2023
$(278)$$(55)$(331)
Changes in Accumulated Other Comprehensive Income/(Loss) by Component
Foreign currency translation adjustmentsComprehensive income from equity method investmentEmployee benefit plans adjustmentsTotal
Balance, as of June 30, 2023
$(231)$$(55)$(284)
Other comprehensive loss(47)— — (47)
Income tax benefit/(expense)— — — — 
Net current period other comprehensive loss(47)— — (47)
Balance, as of September 30, 2023
$(278)$$(55)$(331)