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NOTES PAYABLE, LONG-TERM DEBT AND AVAILABLE CREDIT FACILITIES (Tables)
 12 Months Ended
Dec. 31, 2021
Debt Disclosure [Abstract]  
Schedule of notes payable
Notes Payable at Dec 31
In millions20212020
Notes payable to banks and other lenders$161$156
Year-end average interest rates5.78 %3.89 %
Schedule of long-term debt
Long-Term Debt at Dec 312021 Average Rate20212020
Average
Rate		2020
In millions
Promissory notes and debentures:
Final maturity 2021— %$— 8.95 %$173 
Final maturity 20228.64 %121 8.64 %121 
Final maturity 20237.63 %250 7.63 %250 
Final maturity 2024— %— 3.43 %1,017 
Final maturity 2025 5.63 %333 5.13 %625 
Final maturity 20263.63 %750 3.63 %750 
Final maturity 2027 and thereafter 1
5.15 %9,363 5.34 %10,138 
Other facilities:
Foreign currency notes and loans, various rates and maturities1.17 %2,730 1.41 %3,189 
InterNotes®, varying maturities through 20513.37 %392 3.56 %535 
Finance lease obligations 2
869 518 
Unamortized debt discount and issuance costs(297)(365)
Long-term debt due within one year 3
(231)(460)
Long-term debt$14,280 $16,491 
1.Cost includes net fair value hedge adjustment gains of $47 million at December 31, 2021 ($69 million at December 31, 2020). See Note 22 for additional information.
2.See Note 17 for additional information.
3.Presented net of current portion of unamortized debt issuance costs.
Schedule of maturities of long-term debt
Maturities of Long-Term Debt for Next Five Years at Dec 31, 2021
In millions
2022$231 
2023$386 
2024$78 
2025$385 
2026$828 
Schedule of committed and available credit facilities
The following table summarizes the Company's credit facilities:

Committed and Available Credit Facilities at Dec 31, 2021
In millionsCommitted CreditCredit AvailableMaturity DateInterest
Five Year Competitive Advance and Revolving Credit Facility$5,000 $5,000 November 2026Floating rate
Bilateral Revolving Credit Facility150 150 March 2022Floating rate
Bilateral Revolving Credit Facility100 100 June 2022Floating rate
Bilateral Revolving Credit Facility200 200 September 2022Floating rate
Bilateral Revolving Credit Facility200 200 November 2022Floating rate
Bilateral Revolving Credit Facility200 200 September 2023Floating rate
Bilateral Revolving Credit Facility250 250 September 2023Floating rate
Bilateral Revolving Credit Facility300 300 September 2023Floating rate
Bilateral Revolving Credit Facility300 300 December 2023Floating rate
Bilateral Revolving Credit Facility300 300 December 2023Floating rate
Bilateral Revolving Credit Facility100 100 October 2024Floating rate
Bilateral Revolving Credit Facility200 200 November 2024Floating rate
Bilateral Revolving Credit Facility100 100 March 2025Floating rate
Bilateral Revolving Credit Facility250 250 March 2025Floating rate
Bilateral Revolving Credit Facility350 350 March 2025Floating rate
Bilateral Revolving Credit Facility100 100 October 2026Floating rate
Total Committed and Available Credit Facilities$8,100 $8,100