Equity (Tables)

3 Months Ended

Mar. 31, 2023

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, 2022	$	944	$	(24)	$	(1,893)	$	(973)
Foreign currency translation adjustment	—		—		40		40
Net change in fair value of derivatives, net of tax	(74)		—		—		(74)
Amounts reclassified to earnings of cash flow hedges, net of tax	(13)		—		—		(13)
Balance at March 31, 2023	$	857	$	(24)	$	(1,853)	$	(1,020)