XML 39 R29.htm IDEA: XBRL DOCUMENT v3.23.2

ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 30, 2023

Accounting Policies [Abstract]

Schedule of Receivables Sold

The following table sets forth a summary of receivables sold:

In millions			Six Months Ended June 30, 2023						Six Months Ended June 30, 2022
Gross receivables sold/cash proceeds received			$	1,216					$	864
Collections reinvested under revolving receivables agreement			(1,061)						(684)
Net cash proceeds received			$	155					$	180

Schedule of Changes in Accumulated Other Comprehensive Loss by Component, Net of Tax

The changes in Accumulated other comprehensive loss by component, including any tax impacts, for the three months ended June 30, 2023 and 2022 are as follows:

			Foreign currency translation									Derivative contracts									Pension and postretirement benefit plans									Total
In millions			2023			2022						2023			2022						2023			2022						2023			2022
Balance at March 31			$	(571)		$	(383)					$	(5)		$	(2)					$	(55)		$	(64)					$	(631)		$	(449)
Other comprehensive (loss) income before reclassifications			(1)			(195)						9			—						(1)			3						7			(192)
Amounts reclassified from Accumulated other comprehensive loss			—			—						—			—						—			—						—			—
Other comprehensive (loss) income, net			(1)			(195)						9			—						(1)			3						7			(192)
Balance at June 30			$	(572)		$	(578)					$	4		$	(2)					$	(56)		$	(61)					$	(624)		$	(641)

The changes in Accumulated other comprehensive loss by component, including any tax impacts, for the six months ended June 30, 2023 and 2022 are as follows:

			Foreign currency translation									Derivative contracts									Pension and postretirement benefit plans									Total
In millions			2023			2022						2023			2022						2023			2022						2023			2022
Balance at beginning of year			$	(596)		$	(396)					$	(9)		$	(5)					$	(56)		$	(65)					$	(661)		$	(466)
Other comprehensive income (loss) before reclassifications			24			(182)						13			3						(1)			3						36			(176)
Amounts reclassified from Accumulated other comprehensive loss			—			—						—			—						1			1						1			1
Other comprehensive income (loss), net			24			(182)						13			3						—			4						37			(175)
Balance at June 30			$	(572)		$	(578)					$	4		$	(2)					$	(56)		$	(61)					$	(624)		$	(641)

X

- References

No definition available.

+ Details

Name:	us-gaap_AccountingPoliciesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of accumulated other comprehensive income (loss).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14A
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482790/220-10-45-14A

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481674/830-30-50-1

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 20
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481694/830-30-45-20

+ Details

Name:	us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of derecognized financial assets from transactions which comprise an initial transfer and an agreement entered into in contemplation of the initial transfer resulting in retention of substantially all of the exposure to the economic return throughout the term of the transaction.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 4D
-SubTopic 20
-Topic 860
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481326/860-20-50-4D

+ Details

Name:	us-gaap_TransferOfFinancialAssetsAccountedForAsSalesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration