XML 40 R29.htm IDEA: XBRL DOCUMENT
v3.24.2

ACCOUNTING POLICIES (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2024
Accounting Policies [Abstract] |
Schedule of Receivables Sold | The following table sets forth a summary of receivables sold and the resulting impact of net cash proceeds included in cash from operations:
In millions | Six Months Ended June 30, 2024 |  | Six Months Ended June 30, 2023
Gross receivables sold/cash proceeds received | $ | 812 |  |  | $ | 1,216 |
Customer collections remitted to financial institution | (832) |  |  | (1,061) |
Net cash proceeds (remitted) received included in cash from operations | $ | (20) |  |  | $ | 155 |
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, 2024 and 2023 are as follows:
| Foreign currency translation |  | Derivative contracts |  | Pension and postretirement benefit plans |  | Total
In millions | 2024 | 2023 |  | 2024 | 2023 |  | 2024 | 2023 |  | 2024 | 2023
Balance at March 31 | $ | (629) |  | $ | (571) |  |  | $ | 17 |  | $ | (5) |  |  | $ | (55) |  | $ | (55) |  |  | $ | (667) |  | $ | (631) |
Other comprehensive (loss) income before reclassifications | (49) |  | (1) |  |  | — |  | 9 |  |  | (1) |  | (1) |  |  | (50) |  | 7 |
Amounts reclassified from Accumulated other comprehensive loss | — |  | — |  |  | — |  | — |  |  | (3) |  | — |  |  | (3) |  | — |
Other comprehensive (loss) income, net | (49) |  | (1) |  |  | — |  | 9 |  |  | (4) |  | (1) |  |  | (53) |  | 7 |
Balance at June 30 | $ | (678) |  | $ | (572) |  |  | $ | 17 |  | $ | 4 |  |  | $ | (59) |  | $ | (56) |  |  | $ | (720) |  | $ | (624) |
The changes in Accumulated other comprehensive loss by component, including any tax impacts, for the six months ended June 30, 2024 and 2023 are as follows:
| Foreign currency translation |  | Derivative contracts |  | Pension and postretirement benefit plans |  | Total
In millions | 2024 | 2023 |  | 2024 | 2023 |  | 2024 | 2023 |  | 2024 | 2023
Balance at beginning of year | $ | (541) |  | $ | (596) |  |  | $ | 7 |  | $ | (9) |  |  | $ | (56) |  | $ | (56) |  |  | $ | (590) |  | $ | (661) |
Other comprehensive (loss) income before reclassifications | (137) |  | 24 |  |  | 10 |  | 13 |  |  | — |  | (1) |  |  | (127) |  | 36 |
Amounts reclassified from Accumulated other comprehensive loss | — |  | — |  |  | — |  | — |  |  | (3) |  | 1 |  |  | (3) |  | 1 |
Other comprehensive (loss) income, net | (137) |  | 24 |  |  | 10 |  | 13 |  |  | (3) |  | — |  |  | (130) |  | 37 |
Balance at June 30 | $ | (678) |  | $ | (572) |  |  | $ | 17 |  | $ | 4 |  |  | $ | (59) |  | $ | (56) |  |  | $ | (720) |  | $ | (624) |

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