RESTRUCTURING CHARGES (Tables)

12 Months Ended

Dec. 31, 2021

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Program Charges

A summary of restructuring program charges is as follows:

(In millions except per share data)	2021		2020
Workforce reductions	$	21	$	172
Plant closing and other	57		42
Total before income taxes	78		214
Income tax benefit	18		44
Total after income taxes	$	60	$	170
Per ordinary share - diluted	$	0.15	$	0.42

Restructuring program charges related to the following segments:

(In millions)	2021		2020
Electrical Americas	$	14	$	18
Electrical Global	18		55
Aerospace	8		34
Vehicle	21		102
eMobility	1		1
Corporate	16		4
Total	$	78	$	214

Schedule of Liabilities Related to Restructuring

A summary of liabilities related to workforce reductions, plant closing and other associated costs is as follows:

(In millions)	Workforce reductions		Plant closing and other		Total
Balance at January 1, 2020	$	—	$	—	$	—
Liability recognized	172		42		214
Payments, utilization and translation	(33)		(39)		(72)
Balance at December 31, 2020	$	139	$	3	$	142
Liability recognized	21		57		78
Payments, utilization and translation	(64)		(52)		(116)
Balance at December 31, 2021	$	96	$	8	$	104