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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
 — 
Finance lease cost
Amortization of right-of-use assets
3 
Interest on lease liabilities
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 
Financing cash flows related to finance leases
3 
Right of use assets obtained in exchange for lease liabilities
Operating leases
16 38 
Finance leases
 
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 
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