FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Jun. 30, 2025

Fair Value Disclosures [Abstract]

Schedule of Carrying Value and Fair Value Of Financial Instruments

A summary of the carrying value and fair value of other financial instruments were as follows:

		June 30, 2025				December 31, 2024
(In millions)	Valuation Hierarchy Classification	Carrying Value		Fair Value		Carrying Value		Fair Value
Senior notes	Level 1	$	6,350	$	6,095	$	5,505	$	5,496
ABL Facility - outstanding balance	Level 2	1,377		1,377		1,560		1,560
Total		$	7,727	$	7,472	$	7,065	$	7,056

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation

The following table summarizes the changes in fair value of the employee benefit commitment:

(In millions)	2025
Beginning balance as of January 1	$	(188)
Change in fair value	(5)
Payments	11
Foreign currency translation	(11)
Ending balance as of June 30	$	(193)

Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation

The following table summarizes the changes in fair value of the MinnTac option:

(In millions)	2025
Beginning balance as of January 1	$	95
Change in fair value	(24)
Foreign currency translation	5
Ending balance as of June 30	$	76