Financial Risk Management Activities (Tables)

12 Months Ended

Dec. 31, 2023

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Notional Amounts of Outstanding Financial Risk Management Derivative Contracts

The notional amounts of outstanding financial risk management derivative contracts were as follows:

	December 31, 2023		December 31, 2022
	(In millions)
Foreign exchange forwards and swaps	$	226	$	177
Interest rate swaps	$	100	$	100

Gross & Net Fair Values of Financial Risk Management Derivative Instruments

The table below reflects the gross and net fair values of risk management derivative instruments:

	Assets		Liabilities
	(In millions)
December 31, 2023
Derivative Contracts Designated as Hedging Instruments:
Interest rate swaps	$	—	$	(2)
Total derivative contracts designated as hedging instruments	—		(2)
Derivative Contracts Not Designated as Hedging Instruments:
Foreign exchange forwards and swaps	—		(6)
Total derivative contracts not designated as hedging instruments	—		(6)
Gross fair value of derivative contracts	—		(8)
Gross amount offset in the Consolidated Balance Sheet	—		—
Net Amounts Presented in the Consolidated Balance Sheet	$	—	$	(8)
December 31, 2022
Derivative Contracts Designated as Hedging Instruments:
Interest rate swaps	—		(4)
Total derivative contracts designated as hedging instruments	—		(4)
Derivative Contracts Not Designated as Hedging Instruments:
Foreign exchange forwards and swaps	—		(2)
Total derivative contracts not designated as hedging instruments	—		(2)
Gross fair value of derivative contracts	—		(6)
Gross amount offset in the Consolidated Balance Sheet	—		—
Net Amounts Presented in the Consolidated Balance Sheet	$	—	$	(6)