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LEASES (Tables)
12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Schedule of Lease Cost / Lease Term and Discount Rates
The components of lease cost for operating leases for the years ended December 31, 2024, 2023 and 2022 were as follows:
In millions202420232022
Operating lease cost$125 $121 $113 
Short-term lease cost
Variable lease cost37 39 39 
Less: Sublease income 1
12 
Total lease cost$163 $160 $144 
1.Reflects income associated with subleases, not inclusive of all lessor arrangements disclosed below.
Lease Term and Discount Rate for Operating LeasesDecember 31, 2024December 31, 2023
Weighted-average remaining lease term (years)7.88.5
Weighted-average discount rate3.78 %3.55 %
Schedule of Supplemental Balance Sheet Information Supplemental balance sheet information related to leases was as follows:
In millionsDecember 31, 2024December 31, 2023
Operating Leases
 
Operating lease right-of-use assets 1
$403 $484 
Current operating lease liabilities 2
84 97 
Noncurrent operating lease liabilities 3
322 390 
Total operating lease liabilities
$406 $487 
1.Included in "Deferred charges and other assets" in the Consolidated Balance Sheets.
2.Included in "Accrued and other current liabilities" in the Consolidated Balance Sheets.
3.Included in "Other noncurrent obligations" in the Consolidated Balance Sheets.
Schedule of Maturity of Lease Liabilities
Maturities of lease liabilities were as follows:
Maturity of Lease Liabilities at December 31, 2024Operating Leases
In millions
2025$97 
202676 
202761 
202844 
202934 
2030 and thereafter157 
Total lease payments$469 
Less: Interest63 
Present value of lease liabilities$406