LEASES FOOTNOTE DISCLOSURE LEASES FOOTNOTE DISCLOSURE (Tables)

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Lease, Cost

The components of our lease cost were as follows:

	Years ended December 31,
In millions	2023		2022		2021
Operating lease cost	$	165	$	160	$	172
Finance lease cost
Amortization of right-of-use asset	20		19		16
Interest expense	4		4		4
Short-term lease cost	24		23		18
Variable lease cost	14		12		11
Total lease cost	$	227	$	218	$	221

Schedule Of Supplemental Balance Sheet Information Related To Leases Table

Supplemental balance sheet information related to leases:

	December 31,
In millions	2023		2022		Balance Sheet Location
Assets
Operating lease assets	$	501	$	492	Other assets
Finance lease assets (1)	115		117		Property, plant and equipment, net
Total lease assets	$	616	$	609
Liabilities
Current
Operating lease liabilities	$	138	$	132	Other accrued expenses
Finance lease liabilities	17		32		Current maturities of long-term debt
Long-term
Operating lease liabilities	374		368		Other liabilities
Finance lease liabilities	94		81		Long-term debt
Total lease liabilities	$	623	$	613
(1) Finance lease assets were recorded net of accumulated amortization of $77 million and $78 million at December 31, 2023 and 2022.

Schedule Of Supplemental Cash Flow Information Related To Leases Table

Supplemental cash flow and other information related to leases:

	Years ended December 31,
In millions	2023		2022		2021
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	148	$	151	$	159
Operating cash flows from finance leases	4		4		4
Financing cash flows from finance leases	35		16		14
Right-of-use assets obtained in exchange for lease obligations
Operating leases	$	153	$	148	$	160
Finance leases	12		29		13

Schedule Of Supplemental Other Information Related To Leases Table

Additional information related to leases:

	December 31,
	2023		2022
Weighted-average remaining lease term (in years)
Operating leases	5.2		5.4
Finance leases	8.6		7.9
Weighted-average discount rate
Operating leases	4.2	%	3.7	%
Finance leases	5.0	%	4.7	%

Lessee, Finance and Operating Lease, Liability, Maturity

Following is a summary of the future minimum lease payments related to finance and operating leases with terms of more than one year at December 31, 2023, together with the net present value of the minimum payments:

In millions	Finance Leases		Operating Leases
2024	$	23	$	155
2025	19		126
2026	15		92
2027	13		68
2028	12		45
After 2028	56		90
Total minimum lease payments	138		576
Interest	(27)		(64)
Present value of net minimum lease payments	$	111	$	512