FAIR VALUE MEASUREMENTS - Narrative (Details) $ in Millions, € in Billions |
1 Months Ended | 12 Months Ended | ||||
---|---|---|---|---|---|---|
Jan. 02, 2024
USD ($)
|
Nov. 30, 2023
USD ($)
|
Dec. 31, 2024
USD ($)
|
Dec. 31, 2023
USD ($)
|
Dec. 31, 2022
USD ($)
|
Apr. 25, 2023
EUR (€)
|
|
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||
Loss on derivative instruments, pretax | $ 86 | $ 96 | $ 0 | |||
Currency Swap | ||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||
Notional amount | 2,000 | |||||
VCS Business | Foreign Exchange Forward | ||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||
Notional amount | € | € 7 | |||||
Loss on derivative instruments, pretax | $ 86 | 86 | 96 | $ 0 | ||
VCS Business | Interest Rate Swap | ||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||
Notional amount | $ 1,500 | |||||
Gain on mark-to-market valuation | $ 58 | |||||
Interest rate cash flow hedge, net gain to be reclassified during next 12 months | $ 4 |