DERIVATIVE INSTRUMENTS AND HEDGING (Tables)

12 Months Ended

Dec. 31, 2025

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary of Notional Amount of Outstanding Hedge Contracts

The following table presents the notional amount of our outstanding commodity purchase swaps:

				Notional Amount
				December 31,
Hedge Contract Type	Classification	Unit of Measure	Hedged Periods	2025	2024
Natural Gas	Commodity purchase swaps	MMBtu	January 2026 - December 2028	139,300,000	143,250,000
Electricity	Commodity purchase swaps	Megawatt hours	January 2026 - June 2028	1,974,380	3,224,227
HRC	Sales swaps	Net tons	January 2026 - December 2026	220,220	—

Schedule Of Derivative Instruments In Statement Of Financial Position, Fair Value

The following table presents the fair value of our cash flow hedges and the classification on the Statements of Consolidated Financial Position:

	December 31,
Balance Sheet Location (In millions)	2025		2024
Other current assets	$	7	$	5
Other non-current assets	10		9
Other current liabilities	(24)		(41)
Other non-current liabilities	(2)		(6)