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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Statement of Comprehensive Income [Abstract]    
Net income [1] $ 127 $ 74
Other comprehensive income (loss) before tax:    
Change in cumulative translation adjustments (47) 36
Net change in unrealized components of defined benefit plans (6) (0)
Other comprehensive (loss), before tax (40) 35
Tax effect allocated to other comprehensive income (loss) (1) 0
Other comprehensive (loss), net of tax (42) 35
Comprehensive income 85 110
Less: Comprehensive income (loss) attributable to non-controlling interest 0 0
Comprehensive income attributable to controlling interest $ 85 $ 110
[1] For the three months periods ended March 31, 2024 and 2023, the aggregate transaction gain (loss) included in net income for the period were $(6) million and $(5) million, respectively.