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EMPLOYEE BENEFIT PLANS (Tables)
 12 Months Ended
Dec. 31, 2024
Retirement Benefits [Abstract]  
Summary of Obligations and Funded Status
The following tables provide information regarding the Company’s significant defined benefit pension plans summarized by U.S. and international components.
Obligations and Funded Status
 U.S.International
In millions2024202320242023
Change in projected benefit obligation    
Obligation at beginning of year$(55)$(29)$(251)$(236)
Service cost— — (3)(3)
Interest cost(3)(2)(11)(11)
Employee contributions— — (1)(1)
Plan settlements, curtailments and amendments— 1 1 1 
Benefits paid4 4 13 14 
Acquisition— (29)— — 
Actuarial gain (loss)2 — 17 (5)
Effect of currency rate changes— — 10 (10)
Obligation at end of year$(52)$(55)$(225)$(251)
Change in plan assets    
Fair value of plan assets at beginning of year$55 $31 $211 $201 
Actual return on plan assets1 2 10 10 
Employer contributions— — 5 6 
Employee contributions— — 1 1 
Benefits paid(4)(4)(13)(14)
Settlements and other— — (1)(1)
Acquisition— 26 — — 
Effect of currency rate changes— — (9)8 
Fair value of plan assets at end of year$52 $55 $204 $211 
Funded status    
Fair value of plan assets$52 $55 $204 $211 
Benefit obligations(52)(55)(225)(251)
Funded status$— $— $(21)$(40)
Amounts recognized in the statement of financial position consist of:    
Noncurrent assets$— $— $29 $13 
Current liabilities— — (2)(2)
Noncurrent liabilities— — (48)(51)
Net amount recognized$— $— $(21)$(40)
Amounts recognized in Accumulated other comprehensive loss, before tax at December 31, consist of:    
Prior service cost— — (1)(1)
Net actuarial loss(13)(14)(44)(64)
Net amount recognized$(13)$(14)$(45)$(65)
Summary of International Pension Plans with Accumulated Benefit Obligations and with Projected Benefit Obligations in Excess of Plan Assets
The aggregate accumulated benefit obligation for the U.S. pension plans was $52 million and $55 million as of December 31, 2024 and 2023, respectively. The aggregate accumulated benefit obligation for the international pension plans was $214 million and $241 million as of December 31, 2024 and 2023, respectively.
 International
In millions20242023
Information for pension plans with accumulated benefit obligations in excess of Plan assets:  
Projected benefit obligation$(74)$(185)
Accumulated benefit obligation(65)(178)
Fair value of plan assets25 133 
Information for pension plans with projected benefit obligations in excess of plan assets:  
Projected benefit obligation$(79)$(194)
Accumulated benefit obligation(69)(185)
Fair value of plan assets29 141 
Summary of Components of Net Periodic Benefit Costs
Components of Net Periodic Benefit Costs
 U.S.International
In millions202420232022202420232022
Service cost$— $— $— $3 $3 $3 
Interest cost3 2 1 11 11 6 
Expected return on plan assets(3)(2)(1)(11)(10)(12)
Amortization of net loss— — 1 3 3 2 
Settlement and curtailment gains recognized— (1)— — — (1)
Net periodic benefit (income) cost$— $(1)$1 $6 $7 $(2)
Summary of Weighted Average Assumptions Used to Develop Actuarial Present Value of Projected Benefit Obligation
The weighted average assumptions in the following table represent the rates used to develop the actuarial present value of the projected benefit obligation for the year listed.
 U.S.International
 202420232022202420232022
Discount rate5.70 %5.25 %5.58 %4.68 %4.38 %4.77 %
Expected return on plan assets4.50 %3.80 %3.80 %5.53 %5.09 %4.25 %
Rate of compensation increase3.00 %3.00 %3.00 %2.92 %2.88 %2.78 %
Summary of Pension Plan Assets by Asset Category Plan assets by asset category at December 31, 2024 and 2023 are as follows:
 U.S.International
In millions2024202320242023
Pension Plan Assets    
Equity security funds$8 $3 $59 $56 
Debt security funds42 35 118 129 
Insurance contracts— — 11 12 
Cash and cash equivalents and other2 17 16 14 
Fair value of plan assets$52 $55 $204 $211 
Summary of Pension Plan Assets Measured at Fair Value
The following tables summarize our pension plan assets measured at fair value on a recurring basis by fair value hierarchy level (See Note 17):
December 31, 2024
In millionsNAVLevel 1Level 2Level 3Total
US:     
Equity$— $8 $— $— $8 
Debt Securities — 9 33 — 42 
Cash and cash equivalents— 2 — — 2 
International:     
Equity6 14 39 — 59 
Debt Securities— 3 115 — 118 
Insurance Contracts— — 3 8 11 
Cash and cash equivalents and other— 6 10 — 16 
Total$6 $42 $200 $8 $256 
December 31, 2023
In millionsNAVLevel 1Level 2Level 3Total
US:     
Equity$— $3 $— $— $3 
Debt Securities— 5 30 — 35 
Cash and cash equivalents— 17 — — 17 
International:     
Equity6 14 36 — 56 
Debt Securities— 3 126 — 129 
Insurance Contracts— — 4 8 12 
Cash and cash equivalents and other— 6 8 — 14 
Total$6 $48 $204 $8 $266 
Summary of Benefit Payments Expected to be Paid to Plan Participants
Benefit payments expected to be paid to plan participants are as follows:
In millionsU.S.International
Year ended December 31,  
2025$4 $15 
2026$4 $15 
2027$4 $16 
2028$4 $16 
2029$4 $17 
2030 through 2034$20 $86