Equity (Tables)

9 Months Ended

Sep. 30, 2020

Equity [Abstract]

Summary of Changes in the Components of Accumulated Other Comprehensive Income (Loss)

The following table displays the changes in the components of accumulated other comprehensive income (loss) (“AOCI”) (in millions):

	Derivatives		Pensions		Foreign Currency Translation		Accumulated Other Comprehensive Income (Loss)
Balance at December 31, 2019	$	306	$	(29)	$	(1,455)	$	(1,178)
Foreign currency translation adjustment	—		—		(170)		(170)
Net change in fair value of derivatives, net of tax	(229)		—		—		(229)
Amounts reclassified to earnings of cash flow hedges, net of tax	51		—		—		51
Balance at September 30, 2020	$	128	$	(29)	$	(1,625)	$	(1,526)