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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]    
Revenue $ 3,349 $ 3,348
Cost of goods sold 1,977 1,991
Gross margin 1,372 1,357
Selling, general and administrative expenses 931 924
Restructuring and transaction related expenses 18 3
Depreciation and amortization 58 59
Operating income 365 371
Other expense (income):    
Interest expense 36 16
Interest income and other income, net (9) (1)
Total other expense, net 4 15
Income from continuing operations before provision for income taxes 361 356
Provision for income taxes 94 89
Equity in earnings of unconsolidated subsidiaries 3 2
Income from continuing operations 270 269
Net income from discontinued operations 0 4
Net income $ 270 $ 273
Basic earnings per share: (2)    
Income from continuing operations $ 1.01 $ 0.94
Net income from discontinued operations 0 0.02
Net income 1.01 0.96
Diluted earnings per share: (2)    
Income from continuing operations 1.01 0.94
Net income from discontinued operations 0 0.02
Net income $ 1.01 $ 0.95
Forward Contracts    
Gains on foreign exchange contracts - acquisition related (1) $ 23 $ 0