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CONDENSED CONSOLIDATED AND COMBINED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Statement of Comprehensive Income [Abstract]        
NET INCOME (LOSS) $ (59) $ 115 $ (33) $ 177
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAXES        
Amortization of pension and postretirement loss (less taxes of $0, $0, $0 and $0) 0 0 (1) 0
Change in cumulative foreign currency translation adjustment (21) 140 78 (15)
Net gains/losses on cash flow hedging derivatives:        
Net gains (losses) arising during the period (less taxes of ($(1), $(4), ($13) and ($2)) 4 6 33 4
Reclassification adjustment for (gains) losses included in net earnings (less taxes of $2, $2, $5 and $1) (4) (2) (10) (2)
TOTAL OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAXES (21) 144 100 (13)
COMPREHENSIVE INCOME (LOSS) $ (80) $ 259 $ 67 $ 164