Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2024

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, 2024
Derivatives Designated as Cash Flow Hedges
Commodity swaps	$	48	4	37	—	—
Derivatives Designated as Fair Value Hedges
Cross-currency swaps	$	1,500	46	43	11	—
Derivatives Designated as Net Investment Hedges
Cross-currency swaps	€	4,564	88	—	56	134
Cross-currency swaps	¥	7,268	21	—	7	26
Derivatives Not Designated as Hedges
Foreign currency forwards and swaps	$	2,777	11	—	19	20
Total			170	80	93	180
As of December 31, 2023
Derivatives Designated as Cash Flow Hedges
Commodity swaps	$	67	5	36	2	—
Derivatives 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

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,
	2024	2023	2024	2023	2024	2023	2024	2023
	(In $ millions)
Equity investments without readily determinable fair values	170	170	—	—	—	—	—	—
Insurance contracts in nonqualified trusts	18	21	18	21	—	—	18	21
Long-term debt, including current installments of long-term debt	12,527	13,400	12,470	13,514	145	148	12,615	13,662