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Derivative Instruments (Tables)
 12 Months Ended
Dec. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Location and Fair Value Amounts of Cash Flow Hedges
The following table provides information on the location and fair value amounts of our cash flow hedges and net investment hedges as of December 31, 2024 and December 31, 2023:
(in millions)December 31,December 31,
Balance Sheet Location20242023
Derivatives designated as cash flow hedges:
Prepaid and other current assets Foreign exchange forward contracts$4 $9 
Other current liabilitiesForeign exchange forward contracts$5 $2 
Other non-current assetsInterest rate swap contracts$— $134 
Derivatives designated as net investment hedges:
Other non-current assetsCross currency swaps$58 $— 
Other non-current liabilitiesCross currency swaps$2 $14 
Schedule of Pre-tax Gains (Losses) on Cash Flow Hedges
The following table provides information on the location and amounts of pre-tax gains (losses) on our cash flow hedges and net investment hedges for the years ended December 31:
(in millions)Gain (Loss) recognized in Accumulated Other Comprehensive Loss (effective portion)Location of Gain (Loss) reclassified from Accumulated Other Comprehensive Loss into Income (effective portion)Gain (Loss) reclassified from Accumulated Other Comprehensive Loss into Income (effective portion)
202420232022202420232022
Cash flow hedges - designated as hedging instruments
Foreign exchange forward contracts$(6)$6 $(8)Revenue, Selling and general expenses$8 $7 $(6)
Interest rate swap contracts$21 $48 $333 Interest expense, net$1 $(3)$(4)
Net investment hedges- designated as hedging instruments
Cross currency swaps$71 $(102)$98 Interest expense, net$(4)$(4)$(4)
Schedule of Unrealized Gains (Losses) in AOCI
The activity related to the change in unrealized gains (losses) in accumulated other comprehensive loss was as follows for the years ended December 31:

(in millions)Year ended December 31,
202420232022
Cash Flow Hedges
Foreign exchange forward contracts
Net unrealized gains on cash flow hedges, net of taxes, beginning of period$5 $— $6 
Change in fair value, net of tax4 12 (11)
Reclassification into earnings, net of tax(8)(7)5 
Net unrealized gains on cash flow hedges, net of taxes, end of period$1 $5 $— 
Interest rate swap contracts
Net unrealized gains (losses) on cash flow hedges, net of taxes, beginning of period$84 $48 $(203)
Change in fair value, net of tax16 32 247 
Reclassification into earnings, net of tax(1)4 4 
Net unrealized gains on cash flow hedges, net of taxes, end of period$99 $84 $48 
Net Investment Hedges
Net unrealized (losses) gains on net investment hedges, net of taxes, beginning of period$(21)$56 $(17)
Change in fair value, net of tax50 (81)69 
Reclassification into earnings, net of tax4 4 4 
Net unrealized gains (losses) on net investment hedges, net of taxes, end of period$33 $(21)$56