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FAIR VALUE MEASUREMENT AND DERIVATIVE INSTRUMENTS (Tables)
12 Months Ended
Dec. 31, 2024
Fair Value Disclosures [Abstract]  
Summary of Liabilities Carried at Fair Value Measured on Recurring Basis
The following table summarizes the assets, liabilities, gross notional amounts, fair values, and fair value hierarchy classification of the designated and non-designated hedges discussed in the above sections as of December 31, 2024, which are
included in Other current assets and liabilities on the Consolidated Balance Sheets:
Fair ValueGross Notional Amount
In millionsLevelDesignatedNon-DesignatedDesignatedNon-Designated
Foreign Exchange Contracts
Other current assets2$$$387 $153 
Other current liabilities2(4)(1)182 44 
Interest Rate Contracts
Other current assets2— 40 — 
Total$$— $609 $197 
The following table summarizes the assets, liabilities, gross notional amounts, fair values, and fair value hierarchy classification of the designated and non-designated hedges discussed in the above sections as of December 31, 2023, which are included in other current assets and liabilities on the Consolidated Balance Sheets:
Fair ValueGross Notional Amount
In millionsLevelDesignatedNon-DesignatedDesignatedNon-Designated
Foreign Exchange Contracts
Other current assets2$$$319 $110 
Other current liabilities2(12)(3)655 200 
Interest Rate Contracts
Other current assets210 — 250 — 
Total$$— $1,224 $310