Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.23.1
FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Mar. 31, 2023
Fair Value Disclosures [Abstract]  
Schedule Of Carrying Value And Fair Value Of Financial Instruments
A summary of the carrying value and fair value of other financial instruments were as follows:
March 31, 2023 December 31, 2022
(In millions) Classification Carrying
Value
Fair
Value
Carrying
Value
Fair
Value
Senior notes Level 1 $ 2,388  $ 2,356  $ 2,385  $ 2,311 
ABL Facility - outstanding balance Level 2 2,171  2,171  1,864  1,864 
Total $ 4,559  $ 4,527  $ 4,249  $ 4,175