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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Statement of Comprehensive Income [Abstract]        
Net income [1] $ 139 $ 134 $ 404 $ 262
Other comprehensive income (loss) before tax:        
Change in cumulative translation adjustments 36 (33) (70) (43)
Net change in unrealized components of defined benefit plans (1) 1 8 6
Other comprehensive (loss), before tax 34 (32) (62) (37)
Tax effect allocated to other comprehensive income (loss) 0 0 (2) (1)
Other comprehensive (loss), net of tax 35 (32) (63) (38)
Total Comprehensive Income 173 102 341 223
Less: Comprehensive income (loss) attributable to non-controlling interest 1 0 1 0
Comprehensive income attributable to controlling interest $ 173 $ 101 $ 340 $ 223
[1] For the three months periods ended September 30, 2024 and 2023, the aggregate transaction gain (loss) included in net income for the period were a loss of $5 million and a loss of $16 million, respectively. For the nine months periods ended September 30, 2024 and 2023, the aggregate transaction gain (loss) included in net income for the period were a loss of $7 million and a loss of $31 million, respectively.