FAIR VALUE OF FINANCIAL INSTRUMENTS - Changes in Fair Value of Employee Benefit Commitment (Details) - Commitments $ in Millions |
12 Months Ended |
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Dec. 31, 2024
USD ($)
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Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | |
Beginning balance as of January 1 | $ 0 |
Fair value of commitment assumed in connection with Stelco Acquisition | (197) |
Total losses included in earnings | (2) |
Payments | 5 |
Foreign currency translation | 6 |
Ending balance as of December 31 | $ (188) |
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- Definition Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Business Combination No definition available.
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- Definition Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Foreign Currency Translation No definition available.
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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- Definition Amount of gain (loss) recognized in income from liability measured at fair value on recurring basis using unobservable input (level 3). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of purchases of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Fair value of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Details
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