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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, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Statement of Comprehensive Income [Abstract]        
NET INCOME $ 83 $ 49 $ 126 $ 146
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAXES        
Amortization of pension and postretirement loss (less taxes of $0, $0, $0 and $0) 0 0 0 0
Change in cumulative foreign currency translation adjustment (98) 45 (136) 86
Net gains/losses on cash flow hedging derivatives:        
Net gains (losses) arising during the period (less taxes of $2, $9, $2 and $9) (4) 22 0 18
Reclassification adjustment for (gains) losses included in net earnings (less taxes of $1, $4, $2 and $6) (2) (10) (5) (14)
TOTAL OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAXES (104) 57 (141) 90
COMPREHENSIVE INCOME (LOSS) $ (21) $ 106 $ (15) $ 236