Fair Value Disclosures (Tables)

12 Months Ended

Dec. 31, 2020

Fair Value Disclosures [Abstract]

Summary of Non-Pension Financial Assets and Liabilities Measured at Fair Value on Recurring Basis

The following tables present the Company’s non-pension financial assets and liabilities, which are measured at fair value on a recurring basis (in millions):

	December 31, 2020								December 31, 2019
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Derivatives:
Assets	$	—	$	28	$	—	$	28	$	—	$	13	$	—	$	13
Liabilities	—		(138)		—		(138)		—		(18)		—		(18)
Investment securities, including mutual funds	10		—		—		10		10		1		—		11

Summary of Assets Measured at Fair Value on a Nonrecurring Basis

The following table summarizes the assets that are measured at fair value on a nonrecurring basis at December 1, (in millions):

	2020	2019
	Level 3
Indefinite-lived intangibles	135	1,365