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Fair Value Measurements (Q2) (Tables)
12 Months Ended
Dec. 31, 2023
Fair Value Disclosures [Abstract]  
Financial Assets and Liabilities Carried at Fair Value
A summary of financial liabilities that are measured at fair value on a recurring basis were as follows ($ in millions):

 
Quoted Prices in Active
Market (Level 1)
Significant Other Observable
Inputs (Level 2)
Significant Unobservable
Inputs (Level 3)
Total
December 31, 2023
 
 
 
 
Deferred compensation liabilities
$23
$—
$—
$23
December 31, 2022
 
 
 
 
Deferred compensation liabilities
$22
$—
$—
$22
Carrying Amounts and Fair Values of Financial Instruments
The carrying amounts and fair values of the Company’s other financial instruments as of December 31 were as follows ($ in millions):

 
2023
2022
 
Carrying
Amount
Fair Value
Carrying
Amount
Fair Value
Long-term debt
$2,629
$2,710
$—
$—