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LONG-TERM DEBT (Tables)

3 Months Ended

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 Value1						Book Value						Fair Value1
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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