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Shareholders' Equity (Tables)
 12 Months Ended
Dec. 31, 2023
Equity [Abstract]  
Schedule of Dividends Paid

DIVIDENDS

 

2023

 

 

2022

 

 

2021

 

Cash dividend paid per share

 

$

2.66

 

 

$

2.58

 

 

$

1.88

 

Cash dividend declared per share

 

$

2.66

 

 

$

2.58

 

 

$

1.88

 

 

 
Other Comprehensive Loss

OTHER COMPREHENSIVE LOSS / ENDING BALANCE1) (Dollars in millions)

 

2023

 

 

2022

 

Cumulative translation adjustments

 

$

(466

)

 

$

(492

)

Net pension liability

 

 

(30

)

 

 

(30

)

Total (ending balance)

 

$

(496

)

 

$

(522

)

 

 

 

 

 

 

 

Deferred taxes on the pension liability

 

$

10

 

 

$

9

 

 

1) The components of Other Comprehensive Loss are net of any related income tax effects.