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EMPLOYEE BENEFIT PLANS (Tables)

12 Months Ended

Dec. 31, 2022

Retirement Benefits [Abstract]

Summary of Obligations and Funded Status

The following tables provide information regarding the Company’s significant defined benefit pension plans summarized by U.S. and international components.

Obligations and Funded Status

						U.S.												International
In millions						2022						2021						2022						2021
Change in projected benefit obligation
Obligation at beginning of year						$	(39)					$	(43)					$	(356)					$	(385)
Service cost						—						—						(3)						(4)
Interest cost						(1)						(1)						(6)						(4)
Employee contributions						—						—						(1)						(1)
Plan settlements, curtailments and amendments						—						—						1						1
Benefits paid						3						3						15						13
Actuarial gain						8						2						86						15
Effect of currency rate changes						—						—						28						9
Obligation at end of year						$	(29)					$	(39)					$	(236)					$	(356)
Change in plan assets
Fair value of plan assets at beginning of year						$	40					$	36					$	307					$	305
Actual return on plan assets						(6)						2						(72)						11
Employer contributions						—						5						6						11
Employee contributions						—						—						1						1
Benefits paid						(3)						(3)						(15)						(13)
Settlements and other						—						—						(1)						(3)
Effect of currency rate changes						—						—						(25)						(5)
Fair value of plan assets at end of year						$	31					$	40					$	201					$	307
Funded status
Fair value of plan assets						$	31					$	40					$	201					$	307
Benefit obligations						(29)						(39)						(236)						(356)
Funded status						$	2					$	1					$	(35)					$	(49)
Amounts recognized in the statement of financial position consist of:
Noncurrent assets						$	2					$	1					$	13					$	17
Current liabilities						—						—						(2)						(2)
Noncurrent liabilities						—						—						(46)						(64)
Net amount recognized						$	2					$	1					$	(35)					$	(49)
Amounts recognized in Accumulated other comprehensive loss, before tax at December 31, consist of:
Prior service cost						—						—						(1)						(1)
Net actuarial loss						(14)						(16)						(59)						(70)
Net amount recognized						$	(14)					$	(16)					$	(60)					$	(71)

Summary of International Pension Plans with Accumulated Benefit Obligations and with Projected Benefit Obligations in Excess of Plan Assets

The aggregate accumulated benefit obligation for the U.S. pension plans was $28 million and $38 million as of December 31, 2022 and 2021, respectively. The aggregate accumulated benefit obligation for the international pension plans was $227 million and $345 million as of December 31, 2022 and 2021, respectively.

												International
In millions																		2022						2021
Information for pension plans with accumulated benefit obligations in excess of Plan assets:
Projected benefit obligation																		$	(175)					$	(107)
Accumulated benefit obligation																		(169)						(97)
Fair value of plan assets																		129						41
Information for pension plans with projected benefit obligations in excess of plan assets:
Projected benefit obligation																		$	(180)					$	(112)
Accumulated benefit obligation																		(172)						(101)
Fair value of plan assets																		133						45

Summary of Components of Net Periodic Benefit Costs

Components of Net Periodic Benefit Costs

						U.S.																		International
In millions						2022						2021						2020						2022						2021						2020
Service cost						$	—					$	—					$	—					$	3					$	4					$	4
Interest cost						1						1						1						6						4						6
Expected return on plan assets						(1)						(1)						(1)						(12)						(13)						(12)
Amortization of net loss						1						1						1						2						4						3
Settlement and curtailment losses recognized						—						—						—						(1)						1						—
Net periodic benefit cost (income)						$	1					$	1					$	1					$	(2)					$	—					$	1

Summary of Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income

Amounts recognized in Other comprehensive income during 2022 for other changes in plan assets and benefit obligations are as follows:

In millions						U.S.						International
Net gain arising during the year						$	(2)					$	(4)
Effect of exchange rates and other						—						(7)
Total benefit recognized in Other comprehensive income						$	(2)					$	(11)
Total net benefit recognized in Net periodic benefit cost and Other comprehensive income						$	(1)					$	(13)

Summary of Weighted Average Assumptions Used to Develop Actuarial Present Value of Projected Benefit Obligation

The weighted average assumptions in the following table represent the rates used to develop the actuarial present value of the projected benefit obligation for the year listed.

						U.S.																		International
						2022						2021						2020						2022						2021						2020
Discount rate						5.58		%				2.87		%				2.47		%				4.77		%				1.97		%				1.39		%
Expected return on plan assets						3.80		%				5.00		%				5.35		%				4.25		%				4.27		%				4.43		%
Rate of compensation increase						3.00		%				3.00		%				3.00		%				2.78		%				2.70		%				2.65		%

Summary of Pension Plan Assets by Asset Category

Plan assets by asset category at December 31, 2022 and 2021 are as follows:

						U.S.												International
In millions						2022						2021						2022						2021
Pension Plan Assets
Equity security funds						$	4					$	10					$	44					$	87
Debt security funds						25						27						131						194
Insurance contracts						—						—						11						15
Cash and cash equivalents and other						2						3						15						11
Fair value of plan assets						$	31					$	40					$	201					$	307

Summary of Pension Plan Assets Measured at Fair Value

The following tables summarize our pension plan assets measured at fair value on a recurring basis by fair value hierarchy level (See Note 17):

						December 31, 2022
In millions						NAV						Level 1						Level 2						Level 3						Total
US:
Equity						$	—					$	4					$	—					$	—					$	4
Debt Securities						—						5						20						—						25
Cash and cash equivalents						—						2						—						—						2
International:
Equity						5						13						26						—						44
Debt Securities						—						4						127						—						131
Insurance Contracts						—						—						3						8						11
Cash and cash equivalents and other						—						4						11						—						15
Total						$	5					$	32					$	187					$	8					$	232

						December 31, 2021
In millions						NAV						Level 1						Level 2						Level 3						Total
US:
Equity						$	—					$	10					$	—					$	—					$	10
Debt Securities						—						15						12						—						27
Cash and cash equivalents						—						3						—						—						3
International:
Equity						7						20						60						—						87
Debt Securities						—						4						190						—						194
Insurance Contracts						—						—						5						10						15
Cash and cash equivalents and other						—						6						5						—						11
Total						$	7					$	58					$	272					$	10					$	347

Summary of Benefit Payments Expected to be Paid to Plan Participants

Benefit payments expected to be paid to plan participants are as follows:

In millions						U.S.						International
Year ended December 31,
2023						$	3					$	14
2024						$	3					$	14
2025						$	3					$	15
2026						$	3					$	15
2027						$	3					$	17
2028 through 2032						$	12					$	87

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