DERIVATIVE INSTRUMENTS AND HEDGING (Tables)

3 Months Ended

Mar. 31, 2025

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Notional Amounts of Outstanding Derivative Positions

The following table presents the notional amount of our outstanding hedge contracts:

				Notional Amount
Hedge Contract Type	Classification	Unit of Measure	Maturity Dates	March 31, 2025	December 31, 2024
Natural Gas	Commodity purchase swaps	MMBtu	April 2025 - August 2027	120,600,000	143,250,000
Electricity	Commodity purchase swaps	Megawatt hours	April 2025 - October 2027	2,729,940	3,224,227
HRC	Sales swaps	Metric tons	April 2025 - August 2025	395,000	—

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The following table presents the fair value of our outstanding cash flow hedges and the classification in the Statements of Unaudited Condensed Consolidated Financial Position:

Balance Sheet Location (In millions)	March 31, 2025		December 31, 2024
Other current assets	$	69	$	5
Other non-current assets	25		9
Other current liabilities	(8)		(41)
Other non-current liabilities	—		(6)