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INCOME TAXES (Tables)
 12 Months Ended
Dec. 31, 2024
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:

 202420232022
Income before income taxes:
U.S. $881 $968 $873 
Foreign280 270 320 
$1,161 $1,238 $1,193 
Income tax expense:
Currently payable:
U.S. Federal$153 $189 $178 
State and local26 47 29 
Foreign80 74 96 
Deferred:
U.S. Federal14 — (16)
State and local9 (39)2 
Foreign5 7 (1)
$287 $278 $288 
Deferred tax assets at December 31:
Receivables$8 $11 
Inventories13 19 
Other assets, including stock-based compensation8 9 
Accrued liabilities48 54 
Noncurrent operating lease liabilities44 54 
Other long-term liabilities49 53 
Capitalized research expenditures48 43 
Net operating loss carryforward57 74 
Tax credit carryforward8 10 
283 327 
Valuation allowance(27)(33)
256 294 
Deferred tax liabilities at December 31:
Property and equipment77 67 
Operating lease right-of-use assets45 57 
Intangibles80 81 
Investment in foreign subsidiaries14 11 
Other16 22 
232 238 
Net deferred tax asset at December 31$24 $56 
Schedule of Reconciliation of the U.S. Federal Statutory Tax Rate to the Income Tax Expense on Income
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,
 202420232022
U.S. Federal statutory tax rate 21 %21 %21 %
State and local taxes, net of U.S. Federal tax benefit2 3 2 
Higher taxes on foreign earnings3 2 2 
Valuation allowances— (2)— 
Stock-based compensation(1)(1)— 
Other, net— (1)(1)
Effective tax rate25 %22 %24 %
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:
 20242023
Balance at January 1$84 $83 
Current year tax positions:
Additions14 17 
Reductions(1)(2)
Prior year tax positions:
Additions1 3 
Lapse of applicable statutes of limitation(13)(12)
Settlement with tax authorities— (5)
Balance at December 31$85 $84 
Liability for interest and penalties16 13 
Balance at December 31, including interest and penalties$101 $97