Equity (Tables)

12 Months Ended

Dec. 31, 2021

Equity [Abstract]

Schedule of Change in the Components of AOCI

The following table displays the change in the components of AOCI (in millions):

	Derivatives		Pensions		Foreign Currency Translation		Accumulated  Other Comprehensive Income (Loss)
Balances at December 31, 2018	$	454	$	(27)	$	(1,864)	$	(1,437)
Foreign currency translation adjustment	—		—		409		409
Net change in fair value of derivatives, net of tax	(163)		—		—		(163)
Amounts reclassified to earnings of cash flow hedges, net of tax	15		—		—		15
Pension and post-retirement benefit plans, net of tax	—		(2)		—		(2)
Balances at December 31, 2019	$	306	$	(29)	$	(1,455)	$	(1,178)
Foreign currency translation adjustment	—		—		332		332
Net change in fair value of derivatives, net of tax	(486)		—		—		(486)
Amounts reclassified to earnings of cash flow hedges, net of tax	73		—		—		73
Pension and post-retirement benefit plans, net of tax	—		(16)		—		(16)
Balances at December 31, 2020	$	(107)	$	(45)	$	(1,123)	$	(1,275)
Foreign currency translation adjustment	—		—		(67)		(67)
Net change in fair value of derivatives, net of tax	207		—		—		207
Amounts reclassified to earnings of cash flow hedges, net of tax	96		—		—		96
Pension and post-retirement benefit plans, net of tax	—		15		—		15
Balances at December 31, 2021	$	196	$	(30)	$	(1,190)	$	(1,024)