v3.25.2
FAIR VALUE MEASUREMENT AND DERIVATIVE INSTRUMENTS (Tables)
6 Months Ended
Jun. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Notional Amounts and Fair Value
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 June 30, 2025, which are included in other current assets and liabilities on the Condensed Consolidated Balance Sheets:
Fair ValueGross Notional Amount
In millionsLevelDesignatedNon-DesignatedDesignatedNon-Designated
Foreign Exchange Contracts
Other current assets2$$34 $198 $585 
Other current liabilities2(14)(2)463 148 
Total$(8)$32 $661 $733 
The following table summarizes the assets, liabilities, gross notional amounts, fair values, and fair value hierarchy classification of the designated and non-designated hedges discussed in the above sections as of December 31, 2024, which are included in other current assets and liabilities on the Condensed Consolidated Balance Sheets:
Fair ValueGross Notional Amount
In millionsLevelDesignatedNon-DesignatedDesignatedNon-Designated
Foreign Exchange Contracts
Other current assets2$$$387 $153 
Other current liabilities2(4)(1)182 44 
Interest Rate Contracts
Other current assets2— 40 — 
Total$$— $609 $197