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FAIR VALUE MEASUREMENTS (Tables)
 6 Months Ended
Jun. 30, 2023
Fair Value Disclosures [Abstract]  
Schedule of Fair Value Assets and Liabilities Measured on Recurring Basis
The following table sets forth the Company’s financial assets and liabilities that were accounted for at fair value on a recurring basis:
 June 30, 2023December 31, 2022
Level 1Level 2Level 3TotalLevel 1Level 2Level 3Total
Assets  
Foreign currency exchange contracts$— $44 $— $44 $— $93 $— $93 
Available for sale investments61 197 — 258 87 559 — 646 
Interest rate swap agreements— 3 — 3 — 16 — 16 
Cross currency swap agreements— 38 — 38 — 90 — 90 
Investments in equity securities54 — — 54 22 32 — 54 
Right to HWI Net Sale Proceeds— — 9 9 — — 295 295 
Total assets$115 $282 $9 $406 $109 $790 $295 $1,194 
Liabilities
Foreign currency exchange contracts$— $16 $— $16 $— $8 $— $8 
Interest rate swap agreements— 288 — 288 — 303 — 303 
Commodity contracts— 2 — 2 — 1 — 1 
Cross currency swap agreements— 22 — 22 — — — — 
Total liabilities$— $328 $— $328 $— $312 $— $312 
The following table sets forth a reconciliation of beginning and ending balances of assets and liabilities that were accounted for at fair value using level 3 measurements:
Three Months Ended June 30, 2023Six Months Ended June 30, 2023
Balance at beginning of period$39 $295 
Receipt of HWI Net Sale Proceeds(19)(275)
Fair value adjustment of HWI Net Sale Proceeds(11)(11)
Balance at end of period$9 $9 
Financial Assets and Liabilities That Were Not Carried at Fair Value
The following table sets forth the Company’s financial assets and liabilities that were not carried at fair value:
 June 30, 2023December 31, 2022
 Carrying
Value		Fair
Value		Carrying
Value		Fair
Value
Assets    
Long-term receivables$229 $168 $229 $183 
Liabilities
Long-term debt and related current maturities$18,545 $17,157 $16,853 $15,856