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EMPLOYEE BENEFIT PLANS (Tables)

12 Months Ended

Dec. 31, 2023

Retirement Benefits [Abstract]

Summary of Obligations and Funded Status

The following tables provide information regarding the Company’s significant defined benefit pension plans summarized by U.S. and international components.

Obligations and Funded Status

						U.S.												International
In millions						2023						2022						2023						2022
Change in projected benefit obligation
Obligation at beginning of year						$	(29)					$	(39)					$	(236)					$	(356)
Service cost						—						—						(3)						(3)
Interest cost						(2)						(1)						(11)						(6)
Employee contributions						—						—						(1)						(1)
Plan settlements, curtailments and amendments						1						—						1						1
Benefits paid						4						3						14						15
Acquisition						(29)						—						—						—
Actuarial (loss) gain						—						8						(5)						86
Effect of currency rate changes						—						—						(10)						28
Obligation at end of year						$	(55)					$	(29)					$	(251)					$	(236)
Change in plan assets
Fair value of plan assets at beginning of year						$	31					$	40					$	201					$	307
Actual return on plan assets						2						(6)						10						(72)
Employer contributions						—						—						6						6
Employee contributions						—						—						1						1
Benefits paid						(4)						(3)						(14)						(15)
Settlements and other						—						—						(1)						(1)
Acquisition						26						—						—						—
Effect of currency rate changes						—						—						8						(25)
Fair value of plan assets at end of year						$	55					$	31					$	211					$	201
Funded status
Fair value of plan assets						$	55					$	31					$	211					$	201
Benefit obligations						(55)						(29)						(251)						(236)
Funded status						$	—					$	2					$	(40)					$	(35)
Amounts recognized in the statement of financial position consist of:
Noncurrent assets						$	—					$	2					$	13					$	13
Current liabilities						—						—						(2)						(2)
Noncurrent liabilities						—						—						(51)						(46)
Net amount recognized						$	—					$	2					$	(40)					$	(35)
Amounts recognized in Accumulated other comprehensive loss, before tax at December 31, consist of:
Prior service cost						—						—						(1)						(1)
Net actuarial loss						(14)						(14)						(64)						(59)
Net amount recognized						$	(14)					$	(14)					$	(65)					$	(60)

Summary of International Pension Plans with Accumulated Benefit Obligations and with Projected Benefit Obligations in Excess of Plan Assets

The aggregate accumulated benefit obligation for the U.S. pension plans was $55 million and $28 million as of December 31, 2023 and 2022, respectively. The aggregate accumulated benefit obligation for the international pension plans was $241 million and $227 million as of December 31, 2023 and 2022, respectively.

												International
In millions																		2023						2022
Information for pension plans with accumulated benefit obligations in excess of Plan assets:
Projected benefit obligation																		$	(185)					$	(175)
Accumulated benefit obligation																		(178)						(169)
Fair value of plan assets																		133						129
Information for pension plans with projected benefit obligations in excess of plan assets:
Projected benefit obligation																		$	(194)					$	(180)
Accumulated benefit obligation																		(185)						(172)
Fair value of plan assets																		141						133

Summary of Components of Net Periodic Benefit Costs

Components of Net Periodic Benefit Costs

						U.S.																		International
In millions						2023						2022						2021						2023						2022						2021
Service cost						$	—					$	—					$	—					$	3					$	3					$	4
Interest cost						2						1						1						11						6						4
Expected return on plan assets						(2)						(1)						(1)						(10)						(12)						(13)
Amortization of net loss						—						1						1						3						2						4
Settlement and curtailment (gains) losses recognized						(1)						—						—						—						(1)						1
Net periodic benefit (income) cost						$	(1)					$	1					$	1					$	7					$	(2)					$	—

Summary of Weighted Average Assumptions Used to Develop Actuarial Present Value of Projected Benefit Obligation

The weighted average assumptions in the following table represent the rates used to develop the actuarial present value of the projected benefit obligation for the year listed.

						U.S.																		International
						2023						2022						2021						2023						2022						2021
Discount rate						5.25		%				5.58		%				2.87		%				4.38		%				4.77		%				1.97		%
Expected return on plan assets						3.80		%				3.80		%				5.00		%				5.09		%				4.25		%				4.27		%
Rate of compensation increase						3.00		%				3.00		%				3.00		%				2.88		%				2.78		%				2.70		%

Summary of Pension Plan Assets by Asset Category

Plan assets by asset category at December 31, 2023 and 2022 are as follows:

						U.S.												International
In millions						2023						2022						2023						2022
Pension Plan Assets
Equity security funds						$	3					$	4					$	56					$	44
Debt security funds						35						25						129						131
Insurance contracts						—						—						12						11
Cash and cash equivalents and other						17						2						14						15
Fair value of plan assets						$	55					$	31					$	211					$	201

Summary of Pension Plan Assets Measured at Fair Value

The following tables summarize our pension plan assets measured at fair value on a recurring basis by fair value hierarchy level (See Note 17):

						December 31, 2023
In millions						NAV						Level 1						Level 2						Level 3						Total
US:
Equity						$	—					$	3					$	—					$	—					$	3
Debt Securities						—						5						30						—						35
Cash and cash equivalents						—						17						—						—						17
International:
Equity						6						14						36						—						56
Debt Securities						—						3						126						—						129
Insurance Contracts						—						—						4						8						12
Cash and cash equivalents and other						—						6						8						—						14
Total						$	6					$	48					$	204					$	8					$	266

						December 31, 2022
In millions						NAV						Level 1						Level 2						Level 3						Total
US:
Equity						$	—					$	4					$	—					$	—					$	4
Debt Securities						—						5						20						—						25
Cash and cash equivalents						—						2						—						—						2
International:
Equity						5						13						26						—						44
Debt Securities						—						4						127						—						131
Insurance Contracts						—						—						3						8						11
Cash and cash equivalents and other						—						4						11						—						15
Total						$	5					$	32					$	187					$	8					$	232

Summary of Benefit Payments Expected to be Paid to Plan Participants

Benefit payments expected to be paid to plan participants are as follows:

In millions						U.S.						International
Year ended December 31,
2024						$	4					$	15
2025						$	4					$	15
2026						$	4					$	15
2027						$	4					$	16
2028						$	4					$	17
2029 through 2033						$	21					$	91

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