Annual report pursuant to Section 13 and 15(d)

Financial Instruments (Tables)

Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivative Instruments, Gain (Loss)
The following table summarizes information regarding the gains recognized in income on the Company’s freestanding derivatives (in millions):
Year Ended December 31,
2022 2021 2020
Non-designated hedging instruments
Foreign exchange contracts (a)
$ —  $ $
(a)Included within Operating expenses on the Consolidated Statements of Income/(Loss), which is primarily offset by changes in the value of the underlying assets and liabilities.