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COMMITMENTS AND CONTINGENT LIABILITIES (Tables)
 3 Months Ended
Mar. 31, 2024
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Indemnified Liabilities Related to the MOU
In connection with the MOU and the Agreements, the Company has recognized the following indemnification liabilities related to eligible PFAS costs:
Indemnification Related Liabilities Associated with the MOU
In millionsMarch 31, 2024December 31, 2023Balance Sheet Classification
Current indemnification liabilities$88 $87 
Accrued and other current liabilities
Long-term indemnification liabilities123 119 Other noncurrent obligations
Total indemnification liabilities accrued under the MOU 1
$211 $206 
1.As of March 31, 2024 and December 31, 2023, total indemnified liabilities accrued include $136 million and $139 million, respectively, related to Chemours environmental remediation activities at their site in Fayetteville, North Carolina under the Consent Order between Chemours and the North Carolina Department of Environmental Quality (the "NC DEQ"). This excludes amounts related to the Water District Settlement Agreement, as defined below.
Schedule of Environmental Accrued Obligations
The accrued environmental obligations includes the following:
Environmental Accrued Obligations
In millionsMarch 31, 2024December 31, 2023
Potential exposure above the amount accrued 1
Environmental remediation liabilities not subject to indemnity$45 $46 $101 
Environmental remediation indemnification Related Liabilities:
    Indemnifications related to Dow and Corteva 2
90 101 170 
    MOU related obligations (discussed above) 3
148 152 33 
 Other environmental indemnifications1 1 2 
Total environmental related liabilities$284 $300 $306 
1.The environmental accrual represents management’s best estimate of the costs for remediation and restoration with respect to environmental matters, although it is reasonably possible that the ultimate cost with respect to these particular matters could range above the amount accrued, as of March 31, 2024.
2.Pursuant to the DWDP Separation and Distribution Agreement and Letter Agreement, the Company is required to indemnify Dow and Corteva for certain Non-PFAS clean-up responsibilities and associated remediation costs.
3.The MOU related obligations include the Company's estimate of its liability under the MOU for remediation activities based on the current regulatory environment.