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CONSOLIDATED AND COMBINED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Statement of Comprehensive Income [Abstract]      
NET INCOME $ 253 $ 118 $ 331
Defined Benefit Pension and Postretirement Adjustments:      
Amortization of pension and postretirement net loss 1 0 1
Pension and postretirement liability adjustments (less tax of $1, $1 and $0) (2) 4 (3)
Change in cumulative foreign currency translation adjustment 91 56 (173)
Net gains/losses on cash flow hedging derivatives:      
Net gains (losses) arising during the period (less tax of $10, $17 and $1) 19 41 (2)
Reclassification adjustment for (gains) losses included in net earnings (less tax of $12, $7 and $0) (27) (13) (1)
TOTAL OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX 82 88 (178)
COMPREHENSIVE INCOME (LOSS) $ 335 $ 206 $ 153