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SUPPLEMENTAL FINANCIAL INFORMATION (Tables)
 3 Months Ended
Mar. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Allowance for Doubtful Accounts
Allowance for Doubtful Accounts
The following table is a summary of the changes in our allowance for doubtful accounts for the three months ended March 31, 2024 and 2023.
Three months ended
March 31,
(in millions)20242023
Balance at beginning of period$129 $114 
Charged to costs and expenses(1)7 
Write-offs(6)(1)
Currency translation adjustments(1)2 
Balance at end of period$121 $122 
Inventories
Inventories
(in millions)March 31,
2024		December 31,
2023
Raw materials$750 $731 
Work in process316 285 
Finished goods1,922 1,808 
Inventories$2,988 $2,824 
Property, Plant and Equipment, Net
Property, Plant and Equipment, Net
(in millions)March 31,
2024		December 31,
2023
Property, plant and equipment, at cost$11,197 $11,223 
Accumulated depreciation(6,827)(6,790)
Property, plant and equipment, net$4,370 $4,433 
Interest Expense, Net
Interest Expense, Net
Three months ended
March 31,
(in millions)20242023
Interest expense, net of capitalized interest$103 $127 
Interest income(25)(10)
Interest expense, net$78 $117 
Other Income, Net
Other Income, Net
Three months ended
March 31,
(in millions)20242023
Foreign exchange losses, net$14 $14 
Pension and other postretirement benefit plans(12)(10)
Change in fair value of marketable equity securities(4)(5)
Other, net(5)(1)
Other income, net$(7)$(2)