COMPREHENSIVE LOSS (Tables)

12 Months Ended

Dec. 31, 2024

Other Comprehensive Income (Loss), Net of Tax [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)

Changes in AOCI, net of tax, by component for the years ended December 31, 2024 and 2023 were as follows:

(in millions)	Foreign Currency Translation Loss		(Loss) Gain on Cash Flow Hedges		(Loss) Gain on Net Investment and Fair Value Hedges		Pension Liability (Loss) Gain		Total
Balance, net of tax, at December 31, 2023	$	(473)	$	(13)	$	(107)	$	(43)	$	(636)
Other comprehensive (loss) income before reclassifications and tax impact	(113)		—		48		15		(50)
Tax benefit	(33)		—		(11)		(4)		(48)
Other comprehensive (loss) income, net of tax, before reclassifications	$	(146)	$	—	$	37	$	11	$	(98)
Amounts reclassified from accumulated other comprehensive income, net of tax	—		3		—		1		4
Net (decrease) increase in other comprehensive income	(146)		3		37		12		(94)
Balance, net of tax, at December 31, 2024	$	(619)	$	(10)	$	(70)	$	(31)	$	(730)

(in millions)	Foreign Currency Translation (Loss) Gain		(Loss) Gain on Cash Flow Hedges		(Loss) Gain on Net Investment and Fair Value Hedges		Pension Liability (Loss) Gain		Total
Balance, net of tax, at December 31, 2022	$	(522)	$	(17)	$	(73)	$	(16)	$	(628)
Other comprehensive (loss) income before reclassifications and tax impact	2		—		(45)		(34)		(77)
Tax expense	47		—		11		8		66
Other comprehensive (loss) income, net of tax, before reclassifications	$	49	$	—	$	(34)	$	(26)	$	(11)
Amounts reclassified from accumulated other comprehensive income, net of tax	—		4		—		(1)		3
Net (decrease) increase in other comprehensive income	49		4		(34)		(27)		(8)
Balance, net of tax, at December 31, 2023	$	(473)	$	(13)	$	(107)	$	(43)	$	(636)

Schedule of Reclassification out of Accumulated Other Comprehensive Income

Reclassification out of AOCI to the Consolidated Statements of Operations for the years ended December 31, 2024, 2023 and 2022 were as follows:

	Amounts Reclassified from AOCI						Affected Line Item in the Consolidated Statements of Operations
	Year Ended December 31,
(in millions)	2024		2023		2022
(Loss) Gain on derivative financial instruments:
Interest rate swaps	$	(3)	$	(3)	$	(3)	Interest expense, net
Foreign exchange forward contracts	—		(1)		3		Cost of products sold
Net loss before tax	$	(3)	$	(4)	$	—
Tax impact	—		—		—		Benefit from income taxes
Net loss after tax	$	(3)	$	(4)	$	—
Amortization of defined benefit pension and other postemployment benefit items:
Amortization of prior service benefits	$	1	$	1	$	1	(a)
Amortization of net actuarial losses	—		—		(8)		(a)
Net income (loss) before tax	$	1	$	1	$	(7)
Tax impact	—		—		2		Benefit from income taxes
Net income (loss) after tax	$	1	$	1	$	(5)
Total reclassifications for the period	$	(2)	$	(3)	$	(5)

(a) These AOCI components are included in the computation of net periodic benefit cost for the years ended December 31, 2024, 2023 and 2022, respectively.