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BUSINESS OPTIMIZATION CHARGES (Tables)
6 Months Ended
Jun. 30, 2023
Restructuring and Related Activities [Abstract]  
Summary of Business Optimization Charges During the three and six months ended June 30, 2023 and 2022, we recorded the following charges related to business optimization programs.
Three Months Ended June 30,Six Months Ended June 30,
(in millions)2023202220232022
Restructuring charges$287 $26 $397 $93 
Costs to implement business optimization programs16 30 30 
Total business optimization charges$293 $42 $427 $123 
Components of Restructuring Charges During the three and six months ended June 30, 2023 and 2022, we recorded the following restructuring charges.
Three months ended June 30, 2023
(in millions)COGSSG&AR&DTotal
Employee termination costs$$19 $— $28 
Contract termination and other costs— — 
Asset impairments257 — — 257 
Total restructuring charges$266 $21 $— $287 
Three months ended June 30, 2022
(in millions)COGSSG&AR&DTotal
Employee termination costs$$16 $— $20 
Contract termination and other costs— — 
Asset impairments— — 
Total restructuring charges$$22 $— $26 
Summary of Activity in Reserves Related to Restructuring Initiatives The following table summarizes activity in the liability related to our restructuring initiatives.
(in millions)
Liability balance as of December 31, 2022$107 
Charges132 
Payments(63)
Reserve adjustments(12)
Currency translation(1)
Liability balance as of June 30, 2023$163