ACCUMULATED OTHER COMPREHENSIVE LOSS

3 Months Ended

Mar. 31, 2024

Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]

Accumulated other comprehensive loss consists of:


(in millions)	March 31, 2024		December 31, 2023
Foreign currency translation adjustment	$	(1,899)	$	(1,863)
Pension adjustment, net of tax	(18)		(18)
	$	(1,917)	$	(1,881)

Income taxes are not provided for foreign currency translation adjustments arising on the translation of the Company’s operations having a functional currency other than the U.S. dollar, except to the extent of translation adjustments related to the Company’s retained earnings for foreign jurisdictions in which the Company is not considered to be permanently reinvested.