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SEGMENT INFORMATION - Reconciliation of Adjusted EBIT to Net Income for Industrial Activities (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Apr. 16, 2018
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2021
Segment Reporting Information [Line Items]        
Net income   $ 336.0 $ 425.0  
Income tax (expense) benefit   (159.0) (116.0)  
Restructuring expense of Industrial Activities   (2.0) (1.0)  
Net income (loss) from discontinued operations   0.0 62.0  
Pre-tax gain from amortization of benefits modification   $ 6.0    
Amortization period of retirement benefits payable   4 years 6 months   4 years
Reduction of plan liability $ 527.0     $ 100.0
Operating segments | 2018 Modification of Healthcare Plan        
Segment Reporting Information [Line Items]        
Pre-tax gain from amortization of benefits modification     30.0  
Unallocated items, eliminations and other        
Segment Reporting Information [Line Items]        
Total Adjusted EBIT of Industrial Activities   $ (29.0) (31.0)  
Industrial Activities | Operating segments        
Segment Reporting Information [Line Items]        
Total Adjusted EBIT of Industrial Activities   429.0 393.0  
Net income   495.0 479.0  
Interest expense of Industrial Activities, net of interest income and eliminations   (35.0) (40.0)  
Foreign exchange gains (losses), net of Industrial Activities   (13.0) (11.0)  
Finance and non-service component of Pension and other post-employment benefit cost of Industrial Activities   38.0 34.0  
Restructuring expense of Industrial Activities   (2.0) (1.0)  
Other discrete items of Industrial Activities(2)   (40.0) 0.0  
Pre-tax gain from amortization of benefits modification     30.0  
Asset write-downs   44.0    
Separation costs   3.8    
Proceed from sale of business, held for sale   7.8    
Industrial Activities | Operating segments | 2018 Modification of Healthcare Plan        
Segment Reporting Information [Line Items]        
Pre-tax gain from amortization of benefits modification   $ 30.0    
Amortization period of retirement benefits payable   4 years 6 months    
Reduction of plan liability   $ 527.0    
Industrial Activities | Operating segments | 2021 Modification of Healthcare Plan        
Segment Reporting Information [Line Items]        
Pre-tax gain from amortization of benefits modification     $ 6.0  
Amortization period of retirement benefits payable     4 years  
Reduction of plan liability     $ 101.0  
Agriculture | Operating segments        
Segment Reporting Information [Line Items]        
Total Adjusted EBIT of Industrial Activities   426.0 399.0  
Construction | Operating segments        
Segment Reporting Information [Line Items]        
Total Adjusted EBIT of Industrial Activities   32.0 25.0  
Financial Services | Operating segments        
Segment Reporting Information [Line Items]        
Net income   82.0 78.0  
Income tax (expense) benefit   $ (36.0) $ (26.0)