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Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.22.1
FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Mar. 31, 2022
Fair Value Disclosures [Abstract] Ìý
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:
(In Millions)
March 31, 2022 December 31, 2021
Classification
Carrying
Value
Fair
Value
Carrying
Value
Fair
Value
Senior notes Level 1 $ 3,313Ìý $ 3,525Ìý $ 3,561Ìý $ 3,911Ìý
IRBs due 2024 to 2028 Level 1 —Ìý —Ìý 68Ìý 66Ìý
ABL Facility - outstanding balance Level 2 1,715Ìý 1,715Ìý 1,609Ìý 1,609Ìý
Total $ 5,028Ìý $ 5,240Ìý $ 5,238Ìý $ 5,586Ìý