EQUITY

6 Months Ended

Jun. 30, 2026

Equity [Abstract]

EQUITY

EQUITY

A summary of changes in equity for the three and six months ended June 30, 2026 and 2025 is provided below:

	Three Months Ended June 30, 2026
In millions	Shares	Common Stock		Paid-In Capital		Retained Earnings		Accumulated Other Comprehensive Income (Loss)		Common Stock Held In Treasury, At Cost		Total Equity
Balance, March 31, 2026	46	$	46	$	93	$	2,493	$	(1,317)	$	(336)	$	979
Stock-based employee compensation	—	—		4		—		—		—		4
Share repurchases	—	—		—		—		—		—		—
Dividends ($0.45 per share)	—	—		—		(18)		—		—		(18)
Comprehensive income (loss)	—	—		—		(11)		1		—		(10)
Balance, June 30, 2026	46	$	46	$	97	$	2,464	$	(1,316)	$	(336)	$	955

	Six Months Ended June 30, 2026
In millions	Shares	Common Stock		Paid-In Capital		Retained Earnings		Accumulated Other Comprehensive Income (Loss)		Common Stock Held In Treasury, At Cost		Total Equity
Balance, December 31, 2025	46	$	46	$	89	$	2,514	$	(1,353)	$	(330)	$	966
Stock-based employee compensation	—	—		8		—		—		(6)		2
Share repurchases	—	—		—		—		—		—		0
Dividends ($0.90 per share)	—	—		—		(36)		—		—		(36)
Comprehensive income (loss)	—	—		—		(14)		37		—		23
Balance, June 30, 2026	46	$	46	$	97	$	2,464	$	(1,316)	$	(336)	$	955

	Three Months Ended June 30, 2025
In millions	Shares	Common Stock		Paid-In Capital		Retained Earnings		Accumulated Other Comprehensive Income (Loss)		Common Stock Held In Treasury, At Cost		Total Equity
Balance, March 31, 2025	45	$	45	$	78	$	2,463	$	(1,410)	$	(268)	$	908
Stock-based employee compensation	—	—		7		—		—		—		7
Share repurchases	—	—		—		—		—		(20)		(20)
Dividends ($0.45 per share)	—	—		—		(18)		—		—		(18)
Comprehensive income (loss)	—	—		—		15		67		—		82
Balance, June 30, 2025	45	$	45	$	85	$	2,460	$	(1,343)	$	(288)	$	959

	Six Months Ended June 30, 2025
In millions	Shares	Common Stock		Paid-In Capital		Retained Earnings		Accumulated Other Comprehensive Income (Loss)		Common Stock Held In Treasury, At Cost		Total Equity
Balance, December 31, 2024	45	$	45	$	71	$	2,455	$	(1,490)	$	(234)	$	847
Share-based employee compensation	—	—		14		—		—		(14)		—
Share repurchases	—	—		—		—		—		(40)		(40)
Dividends ($0.90 per share)	—	—		—		(37)		—		—		(37)
Comprehensive income (loss)	—	—		—		42		147		—		189
Balance, June 30, 2025	45	$	45	$	85	$	2,460	$	(1,343)	$	(288)	$	959