Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2023

Equity [Abstract]

Reconciliation of Common Stock Share Activity

Shares of common stock	Issued
Balance December 31, 2020	743,458,000
Issued	4,019,000
Repurchased and retired	(20,950,000)
Balance December 31, 2021	726,527,000
Issued	4,317,000
Repurchased and retired	(17,425,000)
Balance December 31, 2022	713,419,000
Issued	1,965,000
Repurchased and retired	(14,124,000)
Balance December 31, 2023	701,260,000

Schedule of Noncontrolling Interests Represented by Preferred Stock [Table Text Block]

(Shares in thousands)	Number of Shares
Authorized	23,000
$4.50 Series, callable at $120	1,673
$3.50 Series, callable at $102	700

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

(In millions)	Cumulative Translation Adjustment1		Derivative Instruments		Pension Benefit Plans		Other Benefit Plans		Unrealized Gain (Loss) on Investments		Total
2021
Balance January 1, 2021	$	(1,970)	$	(67)	$	(1,433)	$	590	$	(10)	$	(2,890)
Other comprehensive income (loss) before reclassifications	(573)		143		996		25		3		594
Amounts reclassified from accumulated other comprehensive income (loss)	—		(4)		41		(646)		7		(602)
Net other comprehensive income (loss)	(573)		139		1,037		(621)		10		(8)
Balance December 31, 2021	$	(2,543)	$	72	$	(396)	$	(31)	$	—	$	(2,898)
2022
Other comprehensive income (loss) before reclassifications	(340)		63		213		190		—		126
Amounts reclassified from accumulated other comprehensive income (loss)	—		(55)		20		1		—		(34)
Net other comprehensive income (loss)	(340)		8		233		191		—		92
Balance December 31, 2022	$	(2,883)	$	80	$	(163)	$	160	$	—	$	(2,806)
2023
Other comprehensive income (loss) before reclassifications	425		(123)		(188)		38		—		152
Amounts reclassified from accumulated other comprehensive income (loss)	—		(12)		(2)		(9)		—		(23)
Net other comprehensive income (loss)	425		(135)		(190)		29		—		129
Balance December 31, 2023	$	(2,458)	$	(55)	$	(353)	$	189	$	—	$	(2,677)

1.The cumulative translation adjustment gains for the year ended December 31, 2023 was primarily driven by the weakening of the U.S. Dollar (“USD”) against the Swiss Franc ("CHF"), Brazilian Real ("BRL") and European Euro ("EUR"). The cumulative translation adjustment losses for the year ended December 31, 2022 was primarily driven by the strengthening of the U.S. Dollar (“USD”) against the European Euro ("EUR"), Indian Rupee (“INR”), South African Rand (“ZAR”) and Philippine Peso (“PHP”). The cumulative translation adjustment losses for the year ended December 31, 2021 was primarily driven by the strengthening of the U.S. Dollar ("USD") against the European Euro ("EUR"), Swiss franc ("CHF") and Turkish Lira (“TRY”).

Other Comprehensive Income (Loss)

	For the Year Ended December 31,
(In millions)	2023		2022		2021
Derivative instruments	$	50	$	3	$	(41)
Pension benefit plans - net	60		(68)		(319)
Other benefit plans - net	(9)		(56)		188
(Provision for) benefit from income taxes related to other comprehensive income (loss) items	$	101	$	(121)	$	(172)

Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]

(In millions)	For the Year Ended December 31,
	2023		2022		2021
Derivative Instruments1:	$	(8)	$	(63)	$	(13)
Tax (benefit) expense2	(4)		8		9
After-tax	$	(12)	$	(55)	$	(4)
Amortization of pension benefit plans:
Prior service (benefit) cost3,4	$	(3)	$	(3)	$	(2)
Actuarial (gains) losses3,4	—		3		55
Settlement (gain) loss3,4	—		25		1
Total before tax	(3)		25		54
Tax (benefit) expense2	1		(5)		(13)
After-tax	$	(2)	$	20	$	41
Amortization of other benefit plans:
Prior service (benefit) cost3,4	$	(2)	$	(1)	$	(922)
Actuarial (gains) losses3,4	(10)		2		81
Curtailment (gain) loss	—		—		(1)
Total before tax	(12)		1		(842)
Tax (benefit) expense2	3		—		196
After-tax	$	(9)	$	1	$	(646)
Unrealized (Gain) Loss on Investments4	$	—	$	—	$	7
Tax (benefit) expense2	—		—		—
After-tax	$	—	$	—	$	7
Total reclassifications for the period, after-tax	$	(23)	$	(34)	$	(602)

1.Reflected in cost of goods sold in the Consolidated Statements of Operations.

2.Reflected in provision for (benefit from) income taxes from continuing operations in the Consolidated Statements of Operations.

3.These accumulated other comprehensive income (loss) components are included in the computation of net periodic benefit (credit) cost of the company's pension and other benefit plans. See Note 18 - Pension Plans and Other Post-Employment Benefits, to the Consolidated Financial Statements, for additional information.

4.Reflected in other income (expense) - net in the Consolidated Statements of Operations.