Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2023

Fair Value Disclosures [Abstract]

Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis

			Fair Value Measurement
			Significant Other Observable Inputs (Level 2)
			Other assets		Other liabilities
	Notional Amount		Current	Noncurrent	Current	Noncurrent
	(In millions)		(In $ millions)
As of December 31, 2023
Derivatives Designated as Cash Flow Hedges
Commodity swaps	$	67	5	36	2	—
Designated as Fair Value Hedges
Cross-currency swaps	$	1,500	40	—	11	61
Derivatives Designated as Net Investment Hedges
Cross-currency swaps	€	5,712	93	—	61	281
Derivatives Not Designated as Hedges
Foreign currency forwards and swaps	$	1,954	9	—	16	8
Total			147	36	90	350
As of December 31, 2022
Derivatives Designated as Cash Flow Hedges
Commodity swaps	$	82	9	39	2	—
Foreign currency forwards and swaps	$	49	—	—	—	—
Derivatives Designated as Net Investment Hedges
Cross-currency swaps	€	5,639	99	13	58	126
Derivatives Not Designated as Hedges
Foreign currency forwards and swaps	$	1,265	9	—	3	—
Total			117	52	63	126

Schedule of Carrying Values and Fair Values of Financial Instruments

Carrying values and fair values of financial instruments that are not carried at fair value are as follows:

			Fair Value Measurement
	Carrying Amount		Significant Other Observable Inputs (Level 2)		Unobservable Inputs (Level 3)		Total
	As of December 31,
	2023	2022	2023	2022	2023	2022	2023	2022
	(In $ millions)
Equity investments without readily determinable fair values	170	170	—	—	—	—	—	—
Insurance contracts in nonqualified trusts	21	22	21	23	—	—	21	23
Long-term debt, including current installments of long-term debt	13,400	13,953	13,514	13,247	148	172	13,662	13,419