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Share Repurchase Transactions and Other Comprehensive Loss (Tables)
3 Months Ended
Mar. 31, 2024
Equity [Abstract]  
Components of Accumulated Other Comprehensive Loss

The components of accumulated other comprehensive loss are as follows (dollars in millions):

 

Unrealized
Gains (Losses)
on Available-
for-Sale
Securities

 

 

Foreign
Currency
Translation
Adjustments

 

 

Defined
Benefit
Plans

 

 

Total

 

Balances at December 31, 2023

$

(22

)

 

$

(339

)

 

$

(64

)

 

$

(425

)

Unrealized losses on available-for-sale
   securities, net of $
1 income tax benefit

 

(1

)

 

 

 

 

 

 

 

 

(1

)

Foreign currency translation adjustments, net
   of $
1 income tax benefit

 

 

 

 

(7

)

 

 

 

 

 

(7

)

Balances at March 31, 2024

$

(23

)

 

$

(346

)

 

$

(64

)

 

$

(433

)