XML 151 R129.htm IDEA: XBRL DOCUMENT v3.22.4
BENEFIT PLANS - Reconciliation of Funded Status of Basic Employee Defined-Benefit Pension Plans (Detail) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Other Postretirement Benefit Plans, Defined Benefit      
Projected benefit obligation:      
Benefit obligation, beginning of year $ 36 $ 42  
Service cost 0 0 $ 0
Interest cost 1 1 1
Actuarial (gain) loss 0 (2)  
Benefits and expenses paid (5) (5)  
Effect of foreign exchange rate changes 0 0  
Benefit obligation, end of year 32 36 42
Plan assets:      
Fair value of plan assets, beginning of year 0 0  
Actual return on plan assets 0 0  
Employer contributions 5 5  
Benefits and expenses paid (5) (5)  
Effect of foreign exchange rate changes 0 0  
Fair value of plan assets, end of year 0 0 0
Funded status of the plans [1] (32) (36)  
Amounts recognized in accumulated other comprehensive income:      
Net actuarial (gain) loss 8 10  
Prior service (credit) cost 0 0  
Total included in accumulated other comprehensive income 8 10  
Japan | Pension Plan      
Projected benefit obligation:      
Benefit obligation, beginning of year 432 473  
Service cost 19 23 24
Interest cost 5 6 5
Actuarial (gain) loss (61) (9)  
Benefits and expenses paid (13) (15)  
Effect of foreign exchange rate changes (55) (46)  
Benefit obligation, end of year 327 432 473
Plan assets:      
Fair value of plan assets, beginning of year 415 416  
Actual return on plan assets (46) 14  
Employer contributions 34 44  
Benefits and expenses paid (13) (15)  
Effect of foreign exchange rate changes (55) (44)  
Fair value of plan assets, end of year 335 415 416
Funded status of the plans [1] 8 (17)  
Amounts recognized in accumulated other comprehensive income:      
Net actuarial (gain) loss 35 50  
Prior service (credit) cost 0 0  
Total included in accumulated other comprehensive income 35 50  
Accumulated benefit obligation 215 346  
U.S. | Pension Plan      
Projected benefit obligation:      
Benefit obligation, beginning of year 1,186 1,204  
Service cost 26 28 29
Interest cost 34 32 34
Actuarial (gain) loss (374) (50)  
Benefits and expenses paid (29) (28)  
Effect of foreign exchange rate changes 0 0  
Benefit obligation, end of year 843 [2] 1,186 1,204
Plan assets:      
Fair value of plan assets, beginning of year 885 824  
Actual return on plan assets (205) 81  
Employer contributions 8 8  
Benefits and expenses paid (29) (28)  
Effect of foreign exchange rate changes 0 0  
Fair value of plan assets, end of year 659 885 $ 824
Funded status of the plans [1] (184) (301)  
Amounts recognized in accumulated other comprehensive income:      
Net actuarial (gain) loss 10 158  
Prior service (credit) cost (2) (2)  
Total included in accumulated other comprehensive income 8 156  
Accumulated benefit obligation $ 741 $ 1,010  
[1] Underfunded amounts are recognized in other liabilities in the consolidated balance sheets and overfunded amounts are recognized in other assets in the consolidated balance sheets
[2] The net amount of projected benefit obligation and plan assets for the underfunded (including unfunded) U.S. pension plan was $184 and $301 at December 31, 2022 and 2021, respectively, and was classified as liabilities on the statement of financial position.