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Derivative Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2023
Designated [Member]  
Schedule of Derivative Instruments Designated/Nondesignated As Hedging Instrument Effect on Condensed Consolidated Statements of Comprehensive Income The effects of the material derivative instruments that are designated as hedging instruments on the consolidated statements of comprehensive income for the years ended December 31, 2023, 2022 and 2021 are below.

 

 

Gain/(loss) recognized in OCL (effective element)

 

 

 

2023

 

 

2022

 

 

2021

 

Foreign exchange contracts

 

$

3

 

 

$

(8

)

 

$

5

 

 

Location of gain/(loss) reclassified from Accumulated OCL into income
(effective element)

 

Gain/(loss) reclassified from Accumulated OCL into income (effective element)

 

 

 

2023

 

 

2022

 

 

2021

 

Revenue

 

$

1

 

 

$

2

 

 

$

(3

)

Salaries and benefits

 

 

(2

)

 

 

(4

)

 

 

6

 

Discontinued operations

 

 

 

 

 

 

 

 

3

 

 

 

$

(1

)

 

$

(2

)

 

$

6

 

Nondesignated [Member]  
Schedule of Derivative Instruments Designated/Nondesignated As Hedging Instrument Effect on Condensed Consolidated Statements of Comprehensive Income

The effects of derivatives that have not been designated as hedging instruments on the consolidated statements of comprehensive income for the years ended December 31, 2023, 2022 and 2021 are as follows (see Note 17 — Other Income, Net for the net foreign currency impact on the Company’s consolidated statements of comprehensive income which includes the results of the offset of underlying exposures):

 

 

 

Location of gain/(loss)

 

Gain/(loss) recognized in income

 

Derivatives not designated as hedging instruments:

 

recognized in income

 

2023

 

 

2022

 

 

2021

 

Foreign exchange contracts

 

Other income, net

 

$

11

 

 

$

(147

)

 

$