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BORROWINGS (Tables)
 6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Long-term Borrowings
 June 30,December 31,
(Dollars in millions)20252024
Borrowings consisted of:
3.80% notes due March 2025
$— $450 
1.875% notes due November 2026 (1)
584 518 
7.60% debentures due February 2027
196 196 
4.5% notes due December 2028
497 496 
5.0% notes due August 2029
742 495 
5.75% notes due March 2033
496 496 
5.625% notes due February 2034
743 743 
4.8% notes due September 2042
495 495 
4.65% notes due October 2044
879 878 
2027 Term Loan150 250 
Commercial paper and short-term borrowings344 — 
Total borrowings5,126 5,017 
Less: Borrowings due within one year344 450 
Long-term borrowings$4,782 $4,567 
(1)The carrying value of the euro-denominated 1.875% notes due November 2026 fluctuates with changes in the euro to U.S. dollar exchange rate. The carrying value of this euro-denominated borrowing has been designated as a non-derivative net investment hedge of a portion of the Company's net investments in euro functional-currency denominated subsidiaries to offset foreign currency fluctuations.