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BUSINESS OPTIMIZATION CHARGES (Tables)
 3 Months Ended
Mar. 31, 2024
Restructuring and Related Activities [Abstract]  
Summary of Business Optimization Charges
During the three months ended March 31, 2024 and 2023, we recorded the following charges related to business optimization programs.
Three Months Ended March 31,
(in millions)20242023
Restructuring charges$47 $110 
Costs to implement business optimization programs10 24 
Total business optimization charges$57 $134 
Components of Restructuring Charges
During the three months ended March 31, 2024 and 2023, we recorded the following restructuring charges.
Three months ended March 31, 2024
(in millions)COGSSG&AR&DTotal
Employee termination costs$5 $15 $16 $36 
Contract termination and other costs1 5 — 6 
Asset impairments5 — — 5 
Total restructuring charges$11 $20 $16 $47 
Three months ended March 31, 2023
(in millions)COGSSG&AR&DTotal
Employee termination costs$17 $63 $7 $87 
Contract termination and other costs3 — — 3 
Asset impairments12 8 — 20 
Total restructuring charges$32 $71 $7 $110 
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, 2023$128 
Charges42 
Payments(35)
Currency translation1 
Liability balance as of March 31, 2024$136