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DERIVATIVES AND HEDGING INSTRUMENTS (Tables) | 12 Months Ended
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Dec. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value | The following tables provide information on the location and amounts of derivative fair values in the Consolidated Balance Sheets:
| Fair Values of Derivative Instruments
| December 31, 2024
In millions | Balance Sheet Location |  | Notional Amount |  | Fair Value |  | Balance Sheet Location |  | Notional Amount |  | Fair Value
Derivatives not designated as hedging instruments |  |  |  |  |  |  |  |  |  |  |
Foreign exchange contracts | Prepaid and other current assets |  |  |  | $ | — |  |  | Other current liabilities |  |  |  | $ | — |
Total derivatives not designated as hedging instruments |  |  | $ | 89 |  |  | $ | — |  |  |  |  | $ | 126 |  |  | $ | — |
Total derivatives |  |  |  |  | $ | — |  |  |  |  |  |  | $ | — |
| Fair Values of Derivative Instruments
| December 31, 2023
In millions | Balance Sheet Location |  | Notional Amount |  | Fair Value |  | Balance Sheet Location |  | Notional Amount |  | Fair Value
Derivatives not designated as hedging instruments |  |  |  |  |  |  |  |  |  |  |
Foreign exchange contracts | Prepaid and other current assets |  |  |  | $ | 5 |  |  | Other current liabilities |  |  |  | $ | (4) |
Total derivatives not designated as hedging instruments |  |  | $ | 402 |  |  | $ | 5 |  |  |  |  | $ | 207 |  |  | $ | (4) |
Total derivatives |  |  |  |  | $ | 5 |  |  |  |  |  |  | $ | (4) |
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance | The effects of derivative instruments on the Consolidated Statements of Operations and Consolidated Statements of Comprehensive Income for the years ended December 31, 2024, 2023, and 2022 were as follows:
In millions | Amount of Gain (Loss) Recognized in Other Comprehensive Income (OCI) on Derivative |  |  |  | Amount of (Gain) Loss Reclassified from AOCI into the Consolidated Statements of Operations
| For the year ended December 31, 2024 |  | For the year ended December 31, 2023 |  | For the year ended December 31, 2022 |  | Location of (Gain) Loss Reclassified from AOCI into the Consolidated Statements of Operations |  | For the year ended December 31, 2024 |  | For the year ended December 31, 2023 |  | For the year ended December 31, 2022
Interest rate contracts | $ | — |  |  | $ | — |  |  | $ | 116 |  |  | Cost of services |  | $ | — |  |  | $ | — |  |  | $ | (8) |
Interest rate contracts | $ | — |  |  | $ | — |  |  | $ | 36 |  |  | Interest expense |  | $ | — |  |  | $ | (31) |  |  | $ | (10) |
In millions |  |  | Amount of Gain (Loss) Recognized in the Consolidated Statements of Operations
Derivatives not Designated as Hedging Instruments | Location of Gain (Loss) Recognized in the Consolidated Statements of Operations |  | For the year ended December 31, 2024 |  | For the year ended December 31, 2023 |  | For the year ended December 31, 2022
Foreign exchange contracts | Other income (expense), net |  | $ | (8) |  |  | $ | (8) |  |  | $ | (15) |
The following tables show the impact of the Company’s cash flow hedge accounting relationships on the Consolidated Statement of Operations for the years ended December 31, 2024, 2023, and 2022.
|  | Location and Amount of (Gain) Loss Recognized in Income on Cash Flow Hedging Relationships for the years ended December 31:
In millions |  | Cost of Services |  | Cost of Products |  | Interest Expense
|  | 2024 | 2023 | 2022 |  | 2024 | 2023 | 2022 |  | 2024 | 2023 | 2022
Total amount of expense presented in the Consolidated Statements of Operations in which the effects of cash flow hedges are recorded |  | $ | 1,477 |  | $ | 1,460 |  | $ | 1,387 |  |  | $ | 770 |  | $ | 1,049 |  | $ | 1,103 |  |  | $ | (134) |  | $ | (294) |  | $ | (285) |
Amount of (gain) loss reclassified from Accumulated other comprehensive loss, net of expense |  | $ | — |  | $ | — |  | $ | (8) |  |  | $ | — |  | $ | — |  | $ | — |  |  | $ | — |  | $ | (31) |  | $ | (10) |

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