FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Mar. 31, 2026

The following table sets forth the Company’s financial assets and liabilities accounted for at fair value on a recurring basis:


	March 31, 2026								December 31, 2025
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Assets
Foreign currency exchange contracts	$	—	$	14	$	—	$	14	$	—	$	4	$	—	$	4
Available for sale investments	48		452		—		500		50		481		—		531
Interest rate swap agreements	—		5		—		5		—		14		—		14


Investments in equity securities	2		—		—		2		3		—		—		3
Right to HWI Net Sale Proceeds	—		—		—		—		—		—		4		4
Total assets	$	50	$	471	$	—	$	521	$	53	$	499	$	4	$	556
Liabilities
Foreign currency exchange contracts	$	—	$	21	$	—	$	21	$	—	$	11	$	—	$	11
Interest rate swap agreements	—		93		—		93		—		93		—		93

Cross currency swap agreements	—		700		—		700		—		801		—		801
Total liabilities	$	—	$	814	$	—	$	814	$	—	$	905	$	—	$	905

The following table sets forth the Company’s financial assets and liabilities that were not carried at fair value:


	March 31, 2026				December 31, 2025
	Carrying Value		Fair Value		Carrying Value		Fair Value
Assets

Long-term receivables	$	1,002	$	958	$	992	$	961

Liabilities
Long-term debt and related current maturities	$	32,109	$	30,974	$	28,688	$	28,144