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DEBT (Tables)
 3 Months Ended
Mar. 31, 2023
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt Instruments long-term, current maturities and debt issuance costs and discounts – net, consisted of the following (in millions of dollars):
As of
March 31, 2023
December 31, 2022
Carrying ValueFair Value Carrying ValueFair Value
4.60% senior notes due 2045
$1,000 $959 $1,000 $916 
1.85% senior notes due 2025
500 476 500 470 
4.20% senior notes due 2047
400 357 400 338 
3.75% senior notes due 2046
400 332 400 317 
Japanese yen term loan 56 56 69 69 
Other(20)(20)(29)(29)
Subtotal2,336 2,160 2,340 2,081 
Less current maturities(37)(37)(35)(35)
Debt issuance costs and discounts – net of amortization
(21)(21)(21)(21)
Long-term debt$2,278 $2,102 $2,284 $2,025