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Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.21.2
FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Jun. 30, 2021
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:
(In Millions)
June 30, 2021 December 31, 2020
Classification
Carrying
Value
Fair Value
Carrying
Value
Fair
Value
Senior Notes Level 1 $ 3,548 $ 4,446 $ 3,802听 $ 4,446听
IRBs due 2024 to 2028 Level 1 94 94 94听 91听
EDC Revolving Facilities - outstanding balance Level 2 56 56 18听 18听
ABL Facility - outstanding balance Level 2 1,670 1,670 1,510听 1,510听
Total long-term debt $ 5,368 $ 6,266 $ 5,424听 $ 6,065听