FAIR VALUE MEASUREMENT AND DERIVATIVE INSTRUMENTS (Tables)

3 Months Ended

Mar. 31, 2023

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Notional Amounts and Fair Value

The following table summarizes the assets, liabilities, gross notional amounts, fair values, and fair value hierarchy classification of the designated and non-designated hedges discussed in the above sections as of March 31, 2023, which are included in other current assets and liabilities on the Condensed 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	$	2	$	433	$	114
Other current liabilities	2	(10)		(2)		648		181
Interest Rate Contracts
Other current assets	2	—		—		50		—
Total		$	(2)	$	—	$	1,131	$	295

The following table summarizes the assets, liabilities, gross notional amounts, fair values, and fair value hierarchy classification of the designated and non-designated hedges discussed in the above sections as of December 31, 2022, which are included in other current assets and liabilities on the Condensed 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	$	3	$	278	$	156
Other current liabilities	2	(11)		(3)		769		152


Total		$	(3)	$	—	$	1,047	$	308