FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Dec. 31, 2022

Fair Value Disclosures [Abstract]

Summary of Carrying Value and Fair Value of Other Financial Instruments

A summary of the carrying value and fair value of other financial instruments were as follows:

		December 31, 2022				December 31, 2021
(In millions)	Classification	Carrying Value		Fair Value		Carrying Value		Fair Value
Senior notes	Level 1	$	2,385	$	2,311	$	3,561	$	3,911
IRBs	Level 1	—		—		68		66
ABL Facility - outstanding balance	Level 2	1,864		1,864		1,609		1,609
Total		$	4,249	$	4,175	$	5,238	$	5,586

The valuation of financial assets classified in Level 2 was determined using a market approach based upon quoted prices for similar assets in active markets or other inputs that were observable.