ACCRUED WORKERS' COMPENSATION COSTS (Tables)

9 Months Ended

Sep. 30, 2023

Insurance [Abstract]

Schedule of Activities in Liability for Unpaid Claims and Claims Adjustment Expenses

The following table summarizes the accrued workers’ compensation cost activity for the three and nine months ended September 30, 2023 and 2022:

	Three Months Ended September 30,				Nine Months Ended September 30,
(in millions)	2023		2022		2023		2022
Total accrued costs, beginning of period	$	178	$	189	$	189	$	198
Incurred
Current year	13		18		47		51
Prior years	(2)		(3)		(25)		(23)
Total incurred	11		15		22		28
Paid
Current year	(4)		(4)		(6)		(6)
Prior years	(7)		(8)		(27)		(28)
Total paid	(11)		(12)		(33)		(34)
Total accrued costs, end of period	$	178	$	192	$	178	$	192

The following summarizes workers' compensation liabilities on the condensed consolidated balance sheets:

(in millions)	September 30, 2023		December 31, 2022
Total accrued costs, end of period	$	178	$	189
Collateral paid to carriers and offset against accrued costs	(5)		(7)
Total accrued costs, net of carrier collateral offset	$	173	$	182
Payable in less than 1 year (net of collateral paid to carriers of $1 and $2 at September 30, 2023 and December 31, 2022, respectively)	$	51	$	54
Payable in more than 1 year (net of collateral paid to carriers of $4 and $5 at September 30, 2023 and December 31, 2022, respectively)	122		128
Total accrued costs, net of carrier collateral offset	$	173	$	182