Derivatives (Tables)

12 Months Ended

Dec. 31, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary of Primary Net Hedging Positions and Corresponding Fair Values

The following tables provide a summary of the primary net hedging positions and corresponding fair values held as of December 31, 2022 and 2021:

	December 31, 2022
Currency Hedged (Buy/Sell)	Net Notional Value		Fair Value Asset (Liability)
U.S. dollar/Japanese yen	$	57	$	—
U.S. dollar/South Korean won		75		(4	)
U.S. dollar/Taiwan dollar		33		1
U.S. dollar/U.K. pound sterling		7		—
U.S. dollar/Singapore dollar		1		—
U.S. dollar/Chinese renminbi		9		—
euro/U.S. dollar		485		1
euro/Chinese renminbi		31		1
U.K. pound sterling/euro		4		—
Total	$	702	$	(1	)

	December 31, 2021
Currency Hedged (Buy/Sell)	Net Notional Value		Fair Value Asset
U.S. dollar/Japanese yen	$	60	$	2
U.S. dollar/South Korean won		108		1
U.S. dollar/euro		15		—
U.S. dollar/U.K. pound sterling		11		—
U.S. dollar/Taiwan dollar		47		—
Total	$	241	$	3

Summary of Net Gain (Loss) on Derivatives Designated as Cash Flow Hedging Instruments

The following table provides a summary of the net gain (loss) on derivatives designated as cash flow hedging instruments:

	Years Ended December 31,
Foreign exchange forward contracts:	2022		2021			2020
Net gain (loss) recognized in accumulated OCI	$	50	$	20		$	(11	)
Net gain (loss) reclassified from accumulated OCI into income	$	18	$	(2	)	$	2

Summary of Various Interest Rate Hedges

The table below summarizes interest rate swaps and interest rate caps outstanding at December 31, 2022 and December 31, 2021:

									As of December 31,
									2022		2021
Effective Date	Maturity	Fixed Rate			Notional Amount at Effective Date		Notional Amount at December 31, 2022		Fair Value Asset (Liability)		Fair Value Asset (Liability)
April 5, 2019	March 31, 2023		2.309	%	$	300	$	200	$	1	$	(5	)
October 26, 2021	February 28, 2025		0.485	%		200		200		16		4
March 31, 2022	February 28, 2025		0.623	%		100		100		22		5
September 30, 2022	September 30, 2026		3.156	%		350		350		8		—
January 2, 2024	January 31, 2028		2.841	%		250		—		5		—
September 30, 2022	September 30, 2027		3.198	%		350		350		8		—
January 2, 2024	January 31, 2029		2.986	%		250		—		4		—
September 30, 2022	September 30, 2026		3.358	%		600		600		10		—
						2,400		1,800		74		4
March 31, 2020	January 31, 2024		1.000	%		350		350		15		—
March 31, 2020	January 31, 2024		1.000	%		350		350		15		—
						700		700		30		—
		Total			$	3,100	$	2,500	$	104	$	4

Summary of Gain (Loss) on Derivatives Not Designated as Cash Flow Hedging Instruments

The following table provides a summary of gain (loss) on derivatives not designated as cash flow hedging instruments:

	Years Ended December 31,
	2022			2021		2020
Net (loss) gain recognized in income	$	(8	)	$	5	$	(2	)