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REVENUE RECOGNITION (Tables)
 3 Months Ended
Mar. 31, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of variable consideration provisions
The following tables present the activity and ending balances of the Company’s variable consideration provisions for the three months ended March 31, 2025 and 2024.
Three Months Ended March 31, 2025
(in millions)Discounts
and
Allowances		ReturnsRebatesChargebacksDistribution
Fees		Total
Reserve balances, January 1, 2025
$170 $372 $1,421 $189 $85 $2,237 
Current period provisions163 29 992 432 79 1,695 
Payments and credits(179)(37)(1,053)(459)(104)(1,832)
Reserve balances, March 31, 2025
$154 $364 $1,360 $162 $60 $2,100 
Included in Rebates in the table above are cooperative advertising credits due to customers of approximately $40 million and $36 million as of March 31, 2025 and January 1, 2025, respectively, which are reflected as a reduction of Trade receivables, net in the Condensed Consolidated Balance Sheets. Included as a reduction of current period provisions for Distribution Fees in the table above are price appreciation credits of approximately $2 million for the three months ended March 31, 2025.
Three Months Ended March 31, 2024
(in millions)Discounts
and
Allowances		ReturnsRebatesChargebacksDistribution
Fees		Total
Reserve balances, January 1, 2024
$191 $380 $1,108 $216 $44 $1,939 
Current period provisions155 42 902 523 72 1,694 
Payments and credits(175)(45)(806)(541)(22)(1,589)
Reserve balances, March 31, 2024
$171 $377 $1,204 $198 $94 $2,044 
Schedule of activity in allowance for credit losses The activity in the allowance for credit losses for trade receivables for the three months ended March 31, 2025 and 2024 is as follows.
(in millions)20252024
Balance, beginning of period$30 $34 
Provision for expected credit losses(1)— 
Write-offs charged against the allowance— — 
Recoveries of amounts previously written off— — 
Foreign exchange and other— — 
Balance, end of period$29 $34