FAIR VALUE MEASUREMENTS - Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis (Details) - USD ($) $ in Millions |
12 Months Ended | ||
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Dec. 31, 2023 |
Dec. 31, 2022 |
Dec. 31, 2021 |
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Assets measured at fair value on a nonrecurring basis | |||
Asset Impairment Charges | $ 46 | $ 0 | |
Equity Method Investment, Other than Temporary Impairment | 39 | 96 | |
Impairment of Intangible Assets (Excluding Goodwill) | 0 | 57 | $ 78 |
Gain (Loss) on Sale of Previously Unissued Stock by Equity Investee | 0 | (24) | |
Nonrecurring gain (Loss) fair value adjustment | 85 | 177 | |
Asia Pacific | |||
Assets measured at fair value on a nonrecurring basis | |||
Asset Impairment Charges | 25 | ||
Impairment of Intangible Assets (Excluding Goodwill) | $ 57 | ||
North America | |||
Assets measured at fair value on a nonrecurring basis | |||
Asset Impairment Charges | $ 21 |
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- Definition Nonrecurring gain (Loss) fair value adjustment No definition available.
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- Definition Amount of write-down of assets recognized in the income statement. Includes, but is not limited to, losses from tangible assets, intangible assets and goodwill. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition This item represents an other than temporary decline in value that has been recognized against an investment accounted for under the equity method of accounting. The excess of the carrying amount over the fair value of the investment represents the amount of the write down which is or was reflected in earnings. The written down value is a new cost basis with the adjusted value of the investment becoming its new carrying value subject to the equity accounting method. Evidence of a loss in value might include, but would not necessarily be limited to, absence of an ability to recover the carrying amount of the investment or inability of the investee to sustain an earnings capacity which would justify the carrying amount of the investment. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The profit or loss on sales of previously unissued stock by equity investees made to investors outside the consolidated group that is not reported as operating income. Represents the difference in the parent company's carrying amount of the equity interest in the subsidiary or equity investee immediately before and after the transaction. No definition available.
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- Definition The amount of impairment loss recognized in the period resulting from the write-down of the carrying amount of an intangible asset (excluding goodwill) to fair value. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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