Variable Interest Entities (Tables)

12 Months Ended

Dec. 31, 2024

Schedule of Activity Between Company and Financing Entities [Table Text Block]

Activity between the Company and the 2007 financing entities was as follows:

In millions	2024		2023		2022
Revenue (a)	$	152	$	146	$	65
Expense (b)	136		136		58
Cash receipts (c)	135		122		28
Cash payments (d)	130		123		40

(a)The revenue is included in Interest expense, net, in the accompanying consolidated statement of operations and includes approximately $19 million for the years ended December 31, 2024, 2023 and 2022, respectively, of accretion income for the amortization of the purchase accounting adjustment on the Financial assets of variable interest entities.

(b) The expense is included in Interest expense, net, in the accompanying consolidated statement of operations and includes approximately $7 million for the years ended December 31, 2024, 2023 and 2022 respectively, of accretion expense for the amortization of the purchase accounting adjustment on the Long-term nonrecourse financial liabilities of variable interest entities.

(c) The cash receipts are interest received on the Financial assets of special purpose entities.

(d) The cash payments are interest paid on Nonrecourse financial liabilities of special purpose entities.