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ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 30, 2022

Accounting Policies [Abstract]

Schedule of Receivables Sold

The following table sets forth a summary of receivables sold:

In millions			Six Months Ended June 30, 2022						Six Months Ended June 30, 2021
Gross receivables sold/cash proceeds received			$	864					$	569
Collections reinvested under revolving agreement			(684)						(487)
Net cash proceeds received			$	180					$	82

Schedule of Changes in Accumulated Other Comprehensive Loss by Component, Net of Tax

The changes in Accumulated other comprehensive loss by component, including any tax impacts, for the three months ended June 30, 2022 and 2021 are as follows:

			Foreign currency translation									Derivative contracts									Pension and postretirement benefit plans									Total
In millions			2022			2021						2022			2021						2022			2021						2022			2021
Balance at March 31			$	(383)		$	(322)					$	(2)		$	(3)					$	(64)		$	(84)					$	(449)		$	(409)
Other comprehensive (loss) income before reclassifications			(195)			34						—			—						3			(2)						(192)			32
Amounts reclassified from Accumulated other comprehensive loss			—			—						—			—						—			1						—			1
Other comprehensive (loss) income, net			(195)			34						—			—						3			(1)						(192)			33
Balance at June 30			$	(578)		$	(288)					$	(2)		$	(3)					$	(61)		$	(85)					$	(641)		$	(376)

The changes in Accumulated other comprehensive loss by component, including any tax impacts, for the six months ended June 30, 2022 and 2021 are as follows:

			Foreign currency translation									Derivative contracts									Pension and postretirement benefit plans									Total
In millions			2022			2021						2022			2021						2022			2021						2022			2021
Balance at beginning of year			$	(396)		$	(260)					$	(5)		$	3					$	(65)		$	(82)					$	(466)		$	(339)
Other comprehensive (loss) income before reclassifications			(182)			(28)						3			(6)						3			(5)						(176)			(39)
Amounts reclassified from Accumulated other comprehensive loss			—			—						—			—						1			2						1			2
Other comprehensive (loss) income, net			(182)			(28)						3			(6)						4			(3)						(175)			(37)
Balance at June 30			$	(578)		$	(288)					$	(2)		$	(3)					$	(61)		$	(85)					$	(641)		$	(376)

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- Definition

Tabular disclosure of the components of accumulated other comprehensive income (loss).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14A
-URI https://asc.fasb.org/extlink&oid=126968391&loc=SL7669686-108580

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
-Section 45
-Paragraph 20
-URI https://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900

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Tabular disclosure of derecognized financial assets from transactions which comprise an initial transfer and an agreement entered into in contemplation of the initial transfer resulting in retention of substantially all of the exposure to the economic return throughout the term of the transaction.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 860
-SubTopic 20
-Section 50
-Paragraph 4D
-URI https://asc.fasb.org/extlink&oid=121570589&loc=SL51823488-111719

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