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LEASES (Tables)
12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Schedule of Components of Lease Cost
COMPONENTS OF LEASE EXPENSE
In millions
202420232022
Operating lease costs
$26 $21 $18 
Variable lease costs
26 40 28 
Short-term lease costs
— — 7 
Finance lease cost
Amortization of right-of-use assets
3 3 4 
Interest on lease liabilities
1 1 1 
Total lease cost, net
$56 $65 $58 
LEASE TERM AND DISCOUNT RATE
20242023
Weighted average remaining lease term (years)
  
Operating leases
4.4 years5.3 years
Finance leases
8.6 years9.6 years
Weighted average discount rate
Operating leases
5.25 %4.94 %
Finance leases
3.98 %3.85 %
SUPPLEMENTAL CASH FLOW INFORMATION RELATED TO LEASES
In millions
20242023
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows related to operating leases
$24 $21 
Operating cash flows related to financing leases
1 1 
Financing cash flows related to finance leases
3 5 
Right of use assets obtained in exchange for lease liabilities
Operating leases
16 38 
Finance leases
— 1 
Schedule of Supplemental Balance Sheet Information Related To Leases
SUPPLEMENTAL BALANCE SHEET INFORMATION RELATED TO LEASES
In millions 
Classification
20242023
Assets
  
Operating lease assets
Right of use assets$58 $58 
Finance lease assets
Plants, properties, and equipment, net (a)
20 22 
Total leased assets
$78 $80 
Liabilities
Current
Operating
Other current liabilities$21 $18 
Finance
Notes payable and current maturities of long-term debt2 2 
Noncurrent
Operating
Other Liabilities45 46 
Finance
Long-term debt12 14 
Total lease liabilities
$80 $80 
(a)Finance leases above are presented net of accumulated amortization of $17 million and $16 million as of December 31, 2024 and 2023, respectively.
Maturity of Finance Leases
MATURITY OF LEASE LIABILITIES
In millions
Operating Leases
Financing Leases
Total
2025$24 $2 $26 
202620 2 22 
202711 2 13 
20289 2 11 
20293 2 5 
Thereafter
9 7 16 
Total lease payments
76 17 93 
Less: imputed interest
10 3 13 
Present value of lease liabilities
$66 $14 $80 
Maturity of Finance Leases
MATURITY OF LEASE LIABILITIES
In millions
Operating Leases
Financing Leases
Total
2025$24 $2 $26 
202620 2 22 
202711 2 13 
20289 2 11 
20293 2 5 
Thereafter
9 7 16 
Total lease payments
76 17 93 
Less: imputed interest
10 3 13 
Present value of lease liabilities
$66 $14 $80