FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Dec. 31, 2024

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Fair Value Hedging Instruments, Statements of Financial Performance and Financial Position, Location

As of December 31, 2024 and 2023, the following amounts were recorded on the consolidated balance sheets related to cumulative basis adjustments for fair value hedges included in the carrying amount of long-term debt:

	Carrying Amount of Hedged Long-Term Debt		Hedge Accounting Basis Adjustment (a)		Carrying Amount of Hedged Long-Term Debt		Hedge Accounting Basis Adjustment (a)
Balance Sheet Classification	December 31, 2024		December 31, 2024		December 31, 2023		December 31, 2023
Long-term debt	$	658	$	(29)	$	—	$	13

(a) The balance includes $5 million and $13 million of remaining unamortized hedging adjustments on discontinued relationships as of December 31, 2024 and 2023, respectively.

The following table presents the effect of fair value hedge accounting on the consolidated statement of operations for the year ended December 31, 2024:

	Year ended December 31, 2024
	Interest Expense, Net
Total for line item in which the effects of fair value hedges are recorded	$	(201)
Gain (loss) on fair value hedging relationships:
Hedged items (Long-term debt)	$	34
Derivatives designated as hedging instruments	$	(34)

Schedule of The Fair Values of Derivative Instruments

A summary of the fair values of derivative instruments in the consolidated balance sheets was as follows:

	December 31, 2024
	Balance Sheet Classification	Fair Value
Derivatives Designated as Hedging Instruments
Fixed-to-variable interest rate swap agreements	Other liabilities	$	34