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DEBT - Summary (Details) - USD ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2022 | Dec. 31, 2021
Debt: |  |
Debt, gross | $ 6,370 | $ 6,600
Debt issuance costs and original issue discounts | (18) | (20)
Total debt | 6,352 | 6,580
Short-term debt and current portion of long-term debt | (1,349) | (1,333)
Long-term debt | 5,003 | 5,247
Fair Value Hedging | Designated as Hedging Instrument | Interest Rate Swap |  |
Debt: |  |
Impact on fair value hedging instruments | 47 | 12
Aggregate notional amount of interest rate swaps | $ 500 | $ 450
U.S. commercial paper |  |
Debt: |  |
Weighted Average Interest Rate | 4.61% | 0.32%
Debt, gross | $ 672 | $ 531
Canadian commercial paper |  |
Debt: |  |
Weighted Average Interest Rate | 0.00% | 0.34%
Debt, gross | $ 0 | $ 7
Trade receivables financing program |  |
Debt: |  |
Weighted Average Interest Rate | 5.14% | 0.00%
Debt, gross |  | $ 0
Global revolving credit facility |  |
Debt: |  |
Weighted Average Interest Rate | 0.00% | 0.00%
Debt, gross | $ 0 | $ 0
Unsecured U.S. obligations |  |
Debt: |  |
Weighted Average Interest Rate | 4.08% | 3.24%
Debt, gross | $ 4,704 | $ 200
Unsecured U.S. notes – Medium-term notes |  |
Debt: |  |
Weighted Average Interest Rate | 3.68% | 3.41%
Debt, gross | $ 375 | $ 5,150
Unsecured foreign obligations |  |
Debt: |  |
Weighted Average Interest Rate | 2.88% | 2.00%
Debt, gross | $ 50 | $ 140
Asset-backed US obligations |  |
Debt: |  |
Weighted Average Interest Rate | 2.98% | 2.62%
Debt, gross | $ 477 | $ 527
Finance lease obligations and other |  |
Debt: |  |
Debt, gross | $ 42 | $ 45

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- Definition Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (b)(1) -URI https://asc.fasb.org/extlink&oid=123466204&loc=SL6031897-161870 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(16)) -URI https://asc.fasb.org/extlink&oid=126734703&loc=d3e572229-122910 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI https://asc.fasb.org/extlink&oid=126897435&loc=d3e534808-122878 + Details
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