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LONG-TERM DEBT (Tables)

9 Months Ended

Sep. 30, 2023

Debt Disclosure [Abstract]

Schedule of Long-term Debt

Long-term debt consisted of the following:

			Effective Interest Rate						Face Value						September 30, 2023												December 31, 2022
In millions															Book Value						Fair Value1						Book Value						Fair Value1
Restated Credit Agreement:
Revolving Credit Facility			7.2		%				$	25					$	25					$	25					$	—					$	—
Delayed Draw Term Loan			6.8		%				$	250					250						250						—						—
Senior Notes:
4.375% Senior Notes, due 2023			—						$	—					—						—						250						248
4.15% Senior Notes, due 2024			4.4		%				$	725					724						718						723						714
3.20% Senior Notes, due 2025			3.4		%				$	500					498						475						498						471
3.45% Senior Notes, due 2026			3.5		%				$	750					749						698						749						699
1.25% Senior Notes (EUR), due 2027			1.5		%				€	500					524						464						529						455
4.70% Senior Notes, due 2028			4.8		%				$	1,250					1,245						1,176						1,244						1,201
Other Borrowings															32						35						9						13
Total															4,047						3,841						4,002						3,801
Less: current portion															(759)						(753)						(251)						(249)
Long-term portion															$	3,288					$	3,088					$	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 September 30, 2023:

In millions						Revolving Credit Facility						Delayed Draw Term Loan						Total
Maximum Availability						$	1,500					$	250					$	1,750
Outstanding Borrowings						(25)						(250)						(275)
Letters of Credit Under Credit Agreement						—						—						—
Current Availability						$	1,475					$	—					$	1,475

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