Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2023

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):

	Balance				Quoted Prices in Active Market (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)
	March 31, 2023		December 31, 2022		March 31, 2023		December 31, 2022		March 31, 2023		December 31, 2022		March 31, 2023		December 31, 2022
Assets:
Available-for-sale debt securities	$	9	$	11	$	—	$	—	$	9	$	11	$	—	$	—
Investment in equity securities	318		315		21		16		—		—		—		—
Cross-currency swap derivative contracts	682		653		—		—		682		653		—		—

Carrying Amounts and Fair Values of Financial Instruments

The carrying amounts and fair values of the Company’s other financial instruments were as follows ($ in millions):

	March 31, 2023				December 31, 2022
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Debt obligations:
Notes payable and current portion of long-term debt	$	1,571	$	1,551	$	591	$	584
Long-term debt	18,261		15,606		19,086		16,079