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INCOME TAXES (Tables) | 12 Months Ended
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Dec. 31, 2023
Income Tax Disclosure [Abstract] |
Schedule of Components of Income Taxes Expense (Benefit) from Continuing Operations | Components of income taxes on income before income taxes and the components of deferred tax assets and liabilities were as follows, in millions:
| 2023 |  | 2022 |  | 2021
Income before income taxes: |  |  |  |  |
U.S. | $ | 968 |  |  | $ | 873 |  |  | $ | 374 |
Foreign | 270 |  |  | 320 |  |  | 314 |
| $ | 1,238 |  |  | $ | 1,193 |  |  | $ | 688 |
Income tax expense: |  |  |  |  |
Currently payable: |  |  |  |  |
U.S. Federal | $ | 189 |  |  | $ | 178 |  |  | $ | 145 |
State and local | 47 |  |  | 29 |  |  | 40 |
Foreign | 74 |  |  | 96 |  |  | 93 |
Deferred: |  |  |  |  |
U.S. Federal | — |  |  | (16) |  |  | (57) |
State and local | (39) |  |  | 2 |  |  | (10) |
Foreign | 7 |  |  | (1) |  |  | (1) |
| $ | 278 |  |  | $ | 288 |  |  | $ | 210 |
Deferred tax assets at December 31: |  |  |  |  |
Receivables | $ | 11 |  |  | $ | 10 |  |  |
Inventories | 19 |  |  | 21 |  |  |
Other assets, including stock-based compensation | 9 |  |  | 13 |  |  |
Accrued liabilities | 54 |  |  | 52 |  |  |
Noncurrent operating lease liabilities | 54 |  |  | 50 |  |  |
Other long-term liabilities | 53 |  |  | 51 |  |  |
Capitalized research expenditures | 43 |  |  | 20 |  |  |
Net operating loss carryforward | 74 |  |  | 21 |  |  |
Tax credit carryforward | 10 |  |  | 11 |  |  |
| 327 |  |  | 249 |  |  |
Valuation allowance | (33) |  |  | (15) |  |  |
| 294 |  |  | 234 |  |  |
Deferred tax liabilities at December 31: |  |  |  |  |
Property and equipment | 67 |  |  | 56 |  |  |
Operating lease right-of-use assets | 57 |  |  | 53 |  |  |
Intangibles | 81 |  |  | 65 |  |  |
Investment in foreign subsidiaries | 11 |  |  | 10 |  |  |
Other | 22 |  |  | 17 |  |  |
| 238 |  |  | 201 |  |  |
Net deferred tax asset at December 31 | $ | 56 |  |  | $ | 33 |  |  |
Schedule of Reconciliation of the U.S. Federal Statutory Tax Rate to the Income Tax Expense (Benefit) on Income (Loss) from Continuing Operations | A reconciliation of the U.S. Federal statutory tax rate to the income tax expense on income before income taxes was as follows:
| Year Ended December 31,
| 2023 |  | 2022 |  | 2021
U.S. Federal statutory tax rate | 21 | % |  | 21 | % |  | 21 | %
State and local taxes, net of U.S. Federal tax benefit | 3 |  |  | 2 |  |  | 4 |
Higher taxes on foreign earnings | 2 |  |  | 2 |  |  | 3 |
Valuation allowances | (2) |  |  | — |  |  | — |
Stock-based compensation | (1) |  |  | — |  |  | (1) |
Business divestiture with no tax impact | — |  |  | — |  |  | 1 |
Disproportionate tax effects | — |  |  | — |  |  | 2 |
Other, net | (1) |  |  | (1) |  |  | 1 |
Effective tax rate | 22 | % |  | 24 | % |  | 31 | %
Schedule of Reconciliation of the Beginning and Ending Liability for Uncertain Tax Positions, Including Related Interest and Penalties | A reconciliation of the beginning and ending liability for uncertain tax positions, is as follows, in millions:
| 2023 |  | 2022
Balance at January 1 | $ | 83 |  |  | $ | 81 |
Current year tax positions: |  |  |
Additions | 17 |  |  | 21 |
Reductions | (2) |  |  | (5) |
Prior year tax positions: |  |  |
Additions | 3 |  |  | — |
Reductions | — |  |  | (3) |
Lapse of applicable statutes of limitation | (12) |  |  | (11) |
Settlement with tax authorities | (5) |  |  | — |
Balance at December 31 | $ | 84 |  |  | $ | 83 |
Liability for interest and penalties | 13 |  |  | 11 |
Balance at December 31, including interest and penalties | $ | 97 |  |  | $ | 94 |

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