Equity (Tables)

9 Months Ended

Sep. 30, 2023

Equity [Abstract]

Summary of Changes in the Components of Accumulated Other Comprehensive Income (Loss)

The following table displays the changes in the components of accumulated other comprehensive income (loss) (“AOCI”) (in millions):

	Derivatives		Pensions		Foreign Currency Translation		Accumulated Other Comprehensive Income (Loss)
Balance at December 31, 2022	$	944	$	(24)	$	(1,893)	$	(973)
Foreign currency translation adjustment	—		—		(36)		(36)
Net change in fair value of derivatives, net of tax	181		—		—		181
Amounts reclassified to earnings of cash flow hedges, net of tax	(47)		—		—		(47)
Gain (loss) recognized on other, net of tax	—		4		—		4
Balance at September 30, 2023	$	1,078	$	(20)	$	(1,929)	$	(871)