v3.24.3
Note 9 - Accumulated Other Comprehensive Income/Loss - Schedule of Reclassification (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Balance $ 16,489 $ 13,194 $ 14,788 $ 12,163
Total other comprehensive income/(loss) (86) [1] 20 [1] (78) [2] 85 [2]
Balance 16,584 14,004 16,584 14,004
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]        
Balance (483) (373) (484) (378)
Other comprehensive income/(loss) before reclassifications 0 (1) 2 5
Amounts reclassified from accumulated other comprehensive income/(loss) [b] [3] 0 (1) (1) (2)
Total other comprehensive income/(loss) 0 (2) 1 3
Balance (483) (375) (483) (375)
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]        
Balance (139) (160) (146) (204)
Other comprehensive income/(loss) before reclassifications (86) 22 (79) 66
Amounts reclassified from accumulated other comprehensive income/(loss) [b] [3] 0 0 0 0
Total other comprehensive income/(loss) (86) 22 (79) 66
Balance (225) (138) (225) (138)
Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member]        
Balance [4] 16 16 16 0
Other comprehensive income/(loss) before reclassifications [4] 0 0 0 16
Amounts reclassified from accumulated other comprehensive income/(loss) [b] [3],[4] 0 0 0 0
Total other comprehensive income/(loss) 0 [4] 0 [4] 0 16
Balance [4] 16 16 16 16
AOCI Attributable to Parent [Member]        
Balance [5] (606) (517) (614) (582)
Other comprehensive income/(loss) before reclassifications (86) 21 (77) 87
Amounts reclassified from accumulated other comprehensive income/(loss) [b] [3] 0 (1) (1) (2)
Total other comprehensive income/(loss) [5] (86) 20 (78) 85
Balance [5] $ (692) $ (497) $ (692) $ (497)
[1] Net of deferred taxes of $1 million and ($1) million during the three months ended September 30, 2024 and 2023, respectively.
[2] Net of deferred taxes of $1 million and ($4) million during the nine months ended September 30, 2024 and 2023, respectively
[3] The accumulated other comprehensive income/loss reclassification components are 1) prior service cost/credit and 2) net actuarial loss, which are both included in the computation of net periodic pension benefit/cost. See Note 5 Retirement Plans for additional details.
[4] Related to interest rate swaps from equity method investments.
[5] AOCI = accumulated other comprehensive income/loss (Note 9)