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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Statement of Comprehensive Income [Abstract]        
Net income $ 301 $ 207 $ 532 $ 466
Other comprehensive income (loss), net of tax:        
Foreign currency translation adjustment (“CTA”) gain (loss), net of tax effects of $0, $0, $0 and $0 (78) 26 (436) 183
Net investment hedge CTA gain (loss), net of tax effects of $0, $0, $0 and $0 24 (24) 154 (64)
Unrealized gain (loss) on cash flow hedges, net of tax effects of $(1), $(1), $(7) and $5 11 (5) 31 (18)
Total other comprehensive income (loss), net of tax (43) (3) (251) 101
Comprehensive income, net of tax $ 258 $ 204 $ 281 $ 567