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Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2023
Derivative Instruments, Gain (Loss) [Line Items]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
The following table summarizes the fair value and presentation in the Consolidated Balance Sheet for derivative instruments as of December 31:
(dollars in millions)Balance Sheet Location20232022
Derivatives designated as hedging instruments:
Foreign exchange contractsOther assets, current$225 $67 
Other accrued liabilities143 347 
Derivatives not designated as hedging instruments:
Foreign exchange contractsOther assets, current$83 $17 
Other accrued liabilities37 39