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FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Mar. 31, 2022
Fair Value Disclosures [Abstract]  
Summary of assets and liabilities measured at fair value
The following tables classify assets and liabilities measured at fair value on a recurring basis as of March 31, 2022 and December 31, 2021:
  Basis of fair value measurements 
(in millions)Balance at March 31, 2022Quoted prices in active markets for identical items
(Level 1)
Significant other observable inputs
(Level 2)
Significant unobservable inputs
(Level 3)
Valuation technique
Assets:     
Long-term receivables$35 $— $17 $18 C
Foreign currency contracts$16 $— $16 $— A
Net investment hedge contracts$11 $— $11 $— A
Liabilities:     
Current earn-out liability$16 $— $— $16 C
Non-current earn-out liability$24 $— $— $24 C
Foreign currency contracts$11 $— $11 $— A
Net investment hedge contracts$27 $— $27 $— A
  Basis of fair value measurements 
(in millions)Balance at
December 31, 2021
Quoted prices in active markets for identical items
(Level 1)
Significant other observable inputs
(Level 2)
Significant unobservable inputs
(Level 3)
Valuation
technique
Assets:     
Investment in equity securities$70 $70 $— $— A
Long-term receivables$35 $— $17 $18 C
Foreign currency contracts$13 $— $13 $— A
Net investment hedge contracts$$— $$— A
Liabilities:     
Foreign currency contracts$$— $$— A
Net investment hedge contracts$54 $— $54 $— A