v3.25.2
FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS - Schedule of Equity Investments (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Equity investments with RDFV        
Net (gain)/loss recognized $ (4) $ (36) $ 1 $ (122)
Less: net (gain)/loss recognized on investments sold 2 0 5 1
Net unrealized (gain)/loss recognized on investments still held (6) (36) (4) (123)
Equity investments without RDFV        
Upward adjustments (11) (11) (11) (21)
Net realized (gain)/loss recognized on investments sold 0 (36) 19 (36)
Impairments and downward adjustments 0 4 45 29
Limited partnerships and other equity method investments        
Equity in net (income)/loss of affiliates 37 (28) 46 (59)
Total equity investment (gains)/losses $ 22 $ (107) $ 100 $ (209)