FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 31, 2022

Fair Value Disclosures [Abstract]

Schedule of Fair Value Assets and Liabilities Measured on Recurring Basis

The following table sets forth the Company’s financial assets and liabilities that were accounted for at fair value on a recurring basis:

	December 31, 2022												December 31, 2021
	Level 1			Level 2			Level 3			Total			Level 1			Level 2			Level 3			Total
Assets:
Foreign currency exchange contracts		$	—		$	93		$	—		$	93		$	—		$	374		$	—		$	374
Available for sale investments		87			559			—			646			176			566			—			742
Interest rate swap agreements		—			16			—			16			—			60			—			60
Cross currency swap agreements		—			90			—			90			—			39			—			39
Investments in equity securities		22			32			—			54			34			23			—			57
Right to HWI Sale proceeds		—			—			295			295			—			—			—			—
Total assets		$	109		$	790		$	295		$	1,194		$	210		$	1,062		$	—		$	1,272
Liabilities:
Foreign currency exchange contracts		$	—		$	8		—			$	8		$	—		$	282		—			$	282
Interest rate swap agreements		—			303			—			303			—			—			—			—
Commodity contracts		—			1			—			1			—			—			—			—
Total liabilities		$	—		$	312		$	—		$	312		$	—		$	282		$	—		$	282

Schedule of Fair Value Using Level 3 Measurements

The following table sets forth a reconciliation of beginning and ending balances of assets and liabilities that were accounted for at fair value using level 3 measurements:

	Years Ended December 31,
	2022			2021
Balance at beginning of period		$	—		$	—
Activity during period:
Recognition of right to HWI Sale proceeds		295			—
Balance at end of period		$	295		$	—

Financial Assets and Liabilities That Were Not Carried at Fair Value

The following table sets forth the Company’s financial assets and liabilities that were not carried at fair value:

	December 31, 2022						December 31, 2021
	Carrying Value			Fair Value			Carrying Value			Fair Value
Assets:
Short-term investments		$	—		$	—		$	34		$	34
Long-term receivables		229			183			170			152
Long-term investments		—			—			366			366
Liabilities:
Long-term debt and related current maturities		$	16,853		$	15,856		$	16,057		$	17,022