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Note 16 - Other Charges (Income), Net - Schedule of Other (Income) Charges - Schedule of Other Charges, Net (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Interest income (1) [1] $ (15) $ (1) $ (1)
Change in fair value of the Preferred Stock and Convertible Notes embedded derivatives [2],[3] 2 (3) (7)
Loss on foreign exchange transactions 9 4 2
Other 3 1 1
Total $ (1) $ 1 $ (5)
[1] Includes $9 million of interest income associated with a refund received in the first quarter of 2023 from a governmental authority in a location outside the U.S. that was previously held in order to guarantee potential tax disputes in that jurisdiction.
[2] Refer to Note 13, “Financial Instruments”.
[3] Refer to Note 14, “Financial Instruments”.