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CHANGES IN ACCUMULATED OTHER COMPREHENSIVE LOSS BY COMPONENT (Tables)
 9 Months Ended
Sep. 30, 2024
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]  
Changes in the Balances of Accumulated Other Comprehensive Loss
The table below presents the changes in the balances of accumulated other comprehensive loss ("AOCI") by component for the three and nine months ended September 30, 2024 and 2023 (in millions): 
Foreign currency translation adjustmentsNet unrealized gains (losses) on available-for-sale securitiesTotal AOCI, net of tax
Foreign currency translation
Net investment hedges (1)
Total, net of taxBefore taxTaxTotal, net of tax
Before tax
Tax (2)
Before taxTax
Three Months Ended September 30, 2024
Balance, June 30, 2024$(644)$124 $266 $(70)$(324)$— $— $— $(324)
Other comprehensive income (loss) ("OCI") for the period226 (67)(180)42 21 — — — 21 
Balance, September 30, 2024$(418)$57 $86 $(28)$(303)$— $— $— $(303)
Nine Months Ended September 30, 2024
Balance, December 31, 2023$(537)$94 $171 $(48)$(320)$(4)$1 $(3)$(323)
OCI for the period119 (37)(85)20 17 4 (1)3 20 
Balance, September 30, 2024$(418)$57 $86 $(28)$(303)$— $— $— $(303)
Three Months Ended September 30, 2023
Balance, June 30, 2023$(476)$76 $163 $(46)$(283)$(11)$3 $(8)$(291)
OCI for the period(240)46 259 (61)4 3 (1)2 6 
Balance, September 30, 2023$(716)$122 $422 $(107)$(279)$(8)$2 $(6)$(285)
Nine Months Ended September 30, 2023
Balance, December 31, 2022$(579)$93 $310 $(81)$(257)$(13)$3 $(10)$(267)
OCI for the period(137)29 112 (26)(22)5 (1)4 (18)
Balance, September 30, 2023$(716)$122 $422 $(107)$(279)$(8)$2 $(6)$(285)
(1)    Net investment hedges balance at September 30, 2024 and earlier dates presented above, includes accumulated net losses from fair value adjustments of $35 million ($53 million before tax) associated with previously settled derivatives that were designated as net investment hedges. The remaining balances relate to foreign currency transaction gains (losses) and related tax benefits (expenses) associated with the Company's Euro-denominated debt that is designated as a hedge of the foreign currency exposure of the net investment in certain Euro functional currency subsidiaries (see Note 9).
(2)    The tax benefits relate to foreign currency translation adjustments to the Company's one-time deemed repatriation tax liability recorded at December 31, 2017 and foreign earnings for periods after December 31, 2017 that are subject to U.S. federal and state income tax, resulting from the enactment of the Tax Act.