FAIR VALUE MEASUREMENT AND DERIVATIVE INSTRUMENTS (Tables)

6 Months Ended

Jun. 30, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Notional Amounts and Fair Value

The following table summarizes the gross notional amounts and fair values of the designated and non-designated hedges discussed in the above sections as of June 30, 2022, which are included in "Other current assets" and "Other accrued liabilities" on the Consolidated Balance Sheets:


		Fair Value				Gross Notional Amount
In millions	Level	Designated		Non-Designated		Designated		Non-Designated
Foreign Exchange Contracts
Other current assets	2	$	9	$	3	$	419	$	292
Other current liabilities	2	(1)		—		512
Cross-currency Swaps
Other current liabilities	2	—		—		13		—
Total		$	8	$	3	$	944	$	292

The following table summarizes the gross notional amounts and fair values of the designated and non-designated hedges discussed in the above sections as of December 31, 2021, which are included in "Other current assets" and "Other accrued liabilities" on the Consolidated Balance Sheets:


		Fair Value				Gross Notional Amount
In millions	Level	Designated		Non-Designated		Designated		Non-Designated
Foreign Exchange Contracts
Other current assets	2	$	8	$	—	$	627	$	—
Other current liabilities	2	(1)		(2)		613		289
Cross-currency Swaps
Other current assets	2	—		—		14		—
Total		$	7	$	(2)	$	1,254	$	289