SHORT-TERM BORROWINGS, LONG-TERM DEBT, AVAILABLE CREDIT FACILITIES AND OTHER OBLIGATIONS |
3 Months Ended |
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Mar. 31, 2026 | |
| Debt Disclosure [Abstract] | |
| SHORT-TERM BORROWINGS, LONG-TERM DEBT, AVAILABLE CREDIT FACILITIES AND OTHER OBLIGATIONS | SHORT-TERM BORROWINGS, LONG-TERM DEBT, AVAILABLE CREDIT FACILITIES AND OTHER OBLIGATIONS A summary of DuPont's short-term borrowings, long-term debt and available credit facilities can be found in Note 15 to the Consolidated Financial Statements included in the Company's Annual Report on Form 10-K for the year ended December 31, 2025. If applicable, updates have been included below. Commercial Paper Commercial paper at March 31, 2026 and December 31, 2025 was $40 million and $60 million, respectively. The weighted-average interest rate on the commercial paper was 4.03% and 3.95% at March 31, 2026 and December 31, 2025, respectively. Long-Term Debt Long-term debt at March 31, 2026 and December 31, 2025 was $3,132 million and $3,134 million, respectively. At March 31, 2026 and December 31, 2025 the long-term debt balance included an unamortized basis adjustment of $35 million related to the dedesignation of the Company's interest rate swap agreements. Additionally, the March 31, 2026 and December 31, 2025 balance included a fair value hedging adjustment of $7 million and $4 million, respectively related to the 2022 Swaps. See Note 17 for additional information. There is no long-term debt due within one year for both periods ending March 31, 2026 and December 31, 2025. Uncommitted Credit Facilities and Outstanding Letters of Credit Unused bank credit lines on uncommitted credit facilities were approximately $487 million at March 31, 2026. These lines are available to support short-term liquidity needs and general corporate purposes, including letters of credit. Outstanding letters of credit were approximately $124 million at March 31, 2026. These letters of credit support commitments made in the ordinary course of business. Revolving Credit Facilities In May 2025, the Company entered into a $1 billion 364-day revolving credit facility (the "2025 $1B Revolving Credit Facility"). There were no drawdowns during the three month period ended March 31, 2026. Supplier Financing The Company and certain of its designated suppliers, at their sole discretion, participate in a supplier financing program with a financial institution serving as an intermediary. Under this program, the Company agrees to pay the financial institution the stated amount of confirmed invoices from its designated suppliers on the same terms and on the original maturity dates of the confirmed invoices, which have a weighted average payment term of approximately 140 days. The Company does not pay any annual subscription or service fee to the financial institution, nor does the Company reimburse its suppliers for any costs they incur to participate in the program. The Company’s obligations are not impacted by the suppliers’ decision to participate in this program. The Company or the financial institution may terminate the agreement upon at least 30 days’ notice. The amount of invoices outstanding under the supplier financing programs as of March 31, 2026 and December 31, 2025 was $59 million and $63 million, respectively, and was recorded in “” in the interim Condensed Consolidated Balance Sheets.
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