ACCOUNTS RECEIVABLE SECURITIZATION (Tables)

6 Months Ended

Jun. 30, 2020

Receivables [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable

Amounts recognized in connection with the RPA were as follows (in millions):

	Six Months Ended June 30,
	2020		2019
Accounts receivable sold and derecognized	$	373	$	—
Cash proceeds received (1)	$	372	$	—
	June 30, 2020		December 31, 2019
Pledged receivables (2)	$	121	$	142

(1) Represents proceeds from collections reinvested in revolving-period transfers, net of discount. This amount was included in Net cash provided by operating activities on our consolidated statement of cash flows.

(2) Secures our obligations under the RPA and provides a guarantee for the prompt payment, not collection, of all payment obligations relating to the sold receivables.