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LONG-TERM DEBT (Tables) | 3 Months Ended
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Mar. 31, 2023
Debt Disclosure [Abstract] |
Schedule of Long-term Debt | Long-term debt consisted of the following:
| Effective Interest Rate |  | Face Value |  | March 31, 2023 |  | December 31, 2022
In millions |  |  | Book Value |  | Fair Value 1 |  | Book Value |  | Fair Value 1
Restated Credit Agreement: |  |  |  |  |  |  |  |  |  |  |
Revolving Credit Facility | 6.9 | % |  | $ | 155 |  |  | $ | 155 |  |  | $ | 155 |  |  | $ | — |  |  | $ | — |
Senior Notes: |  |  |  |  |  |  |  |  |  |  |
4.375% Senior Notes, due 2023 | 4.5 | % |  | $ | 250 |  |  | 250 |  |  | 249 |  |  | 250 |  |  | 248 |
4.15% Senior Notes, due 2024 | 4.6 | % |  | $ | 725 |  |  | 724 |  |  | 715 |  |  | 723 |  |  | 714 |
3.20% Senior Notes, due 2025 | 3.4 | % |  | $ | 500 |  |  | 498 |  |  | 477 |  |  | 498 |  |  | 471 |
3.45% Senior Notes, due 2026 | 3.5 | % |  | $ | 750 |  |  | 749 |  |  | 708 |  |  | 749 |  |  | 699 |
1.25% Senior Notes (EUR), due 2027 | 1.5 | % |  | € | 500 |  |  | 536 |  |  | 474 |  |  | 529 |  |  | 455 |
4.70% Senior Notes, due 2028 | 5.0 | % |  | $ | 1,250 |  |  | 1,244 |  |  | 1,232 |  |  | 1,244 |  |  | 1,201 |
Other Borrowings |  |  |  |  | 8 |  |  | 11 |  |  | 9 |  |  | 13 |
Total |  |  |  |  | 4,164 |  |  | 4,021 |  |  | 4,002 |  |  | 3,801 |
Less: current portion |  |  |  |  | (975) |  |  | (965) |  |  | (251) |  |  | (249) |
Long-term portion |  |  |  |  | $ | 3,189 |  |  | $ | 3,056 |  |  | $ | 3,751 |  |  | $ | 3,552 |
1. See Note 13 for information on the fair value measurement of the Company's long-term debt.
Schedule of Line of Credit Facilities | The following table presents availability under the Restated Credit Agreement at March 31, 2023:
In millions |  |
Maximum Revolving Credit Facility Availability |  | $ | 1,500 |
Delayed Draw Term Loan |  | 250 |
Outstanding Borrowings |  | (155) |
Letters of Credit Under Credit Agreement |  | (1) |
Current Availability |  | $ | 1,594 |

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