XML 87 R72.htm IDEA: XBRL DOCUMENT v3.24.0.1
RETIREMENT BENEFITS PLANS - Benefits Expense (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Pension plans      
Defined Benefit Plans and Other Postretirement Benefit Plans      
Total expense (income)     $ 66
Pension plans | United States      
Defined Benefit Plans and Other Postretirement Benefit Plans      
Service cost $ 19 $ 27 37
Interest cost 142 117 70
Expected return on plan assets (195) (204) (223)
Amortization 4 15 36
Total (30) (46) (80)
Settlements, curtailments, and special termination benefits 34 61 65
Total expense (income) 4 15 (15)
Pension plans | Non-United States plans      
Defined Benefit Plans and Other Postretirement Benefit Plans      
Service cost 43 59 72
Interest cost 85 47 40
Expected return on plan assets (121) (115) (120)
Amortization 7 45 71
Total 14 37 63
Settlements, curtailments, and special termination benefits 4 2 17
Total expense (income) 18 39 80
Other postretirement benefits plans      
Defined Benefit Plans and Other Postretirement Benefit Plans      
Service cost 1 1 1
Interest cost 10 7 6
Expected return on plan assets (1) (1) 0
Amortization (17) (7) (5)
Total (7) 0 2
Settlements, curtailments, and special termination benefits 0 0 (1)
Total expense (income) $ (7) $ 0 1
Hydraulics Business | Pension plans      
Defined Benefit Plans and Other Postretirement Benefit Plans      
Settlements, curtailments, and special termination benefits     $ 13