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RESTRUCTURING CHARGES (Tables)
 12 Months Ended
Dec. 31, 2024
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring Program Charges
A summary of restructuring program charges (income) is as follows:
(In millions except for per share data)202420232022
Workforce reductions$120 $19 $(13)
Plant closing and other83 38 47 
Total before income taxes202 57 33 
Income tax benefit43 11 4 
Total after income taxes$160 $46 $29 
Per ordinary share - diluted$0.40 $0.11 $0.07 
Restructuring program charges (income) related to the following segments:
(In millions)202420232022
Electrical Americas$12 $5 $17 
Electrical Global88 26 14 
Aerospace9 5 8 
Vehicle40 6 (15)
eMobility25 7 1 
Corporate29 8 8 
Total$202 $57 $33 
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 reductionsPlant closing and otherTotal
Balance at January 1, 2024
$35 $6 $41 
Liability recognized, net120 83 202 
Payments, utilization and translation(59)(81)(141)
Balance at December 31, 2024
$96 $7 $103