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RETIREMENT AND POSTRETIREMENT BENEFIT PLANS - Obligations and Funded Status (Details) - Pension Plan - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Change in projected benefit obligation:      
Benefit obligation, January 1 $ 462 $ 171  
Pension plan transfer from Parent 0 287  
Service cost 6 2 $ 1
Interest cost 13 6 4
Actuarial loss (gain) (151) 0  
Benefits paid (7) (5)  
Expenses paid from assets (1) (1)  
Effect of foreign currency exchange rate movements (15) 2  
Benefit obligation, December 31 307 462 171
Change in plan assets:      
Fair value of plan assets, January 1 431 171  
Pension plan transfer from Parent 0 252  
Actual return on plan assets (126) 2  
Company contributions 3 10  
Benefits paid (7) (5)  
Expenses paid from assets (1) (1)  
Effect of foreign currency exchange rate movements (14) 2  
Fair value of plan assets, December 31 286 431 $ 171
Funded status, December 31 (21) (31)  
Amounts recognized in the consolidated balance sheets:      
Non-current asset 8 8  
Non-current liability (29) (39)  
Liabilities (21) (31)  
Amounts recognized in accumulated other comprehensive income under ASC 715 (pre-tax):      
Net prior service cost 2 2  
Net actuarial loss 91 106  
Amounts recognized in accumulated other comprehensive income $ 93 $ 108