XML 271 R39.htm IDEA: XBRL DOCUMENT v3.22.4
Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2022
Fair Value Disclosures [Abstract]  
Financial Assets and Liabilities Carried at Fair Value
A summary of financial assets that are measured at fair value on a recurring basis were as follows ($ in millions):
Year Ended December 31Quoted Prices in
Active Market
(Level 1)
Significant Other
Observable Inputs
(Level 2)
Significant
Unobservable
Inputs (Level 3)
20222021202220212022202120222021
Assets:
Available-for-sale debt securities$11 $20 $— $— $11 $20 $— $— 
Investment in equity securities315 336 16 88 — — — — 
Cross-currency swap derivative contracts653 50 — — 653 50 — — 
Carrying Amounts and Fair Values of Financial Instruments
The carrying amounts and fair values of the Company’s other financial instruments as of December 31 were as follows ($ in millions):
20222021
Carrying
Amount
Fair ValueCarrying
Amount
Fair Value
Debt obligations:
Notes payable and current portion of long-term debt$591 $584 $$
Long-term debt19,086 16,079 22,168 22,796