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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, 2023
Mar. 31, 2022
Dec. 31, 2021
Segment Reporting Information [Line Items]        
Net income (loss)   $ 486.0 $ 336.0  
Income tax (expense) benefit   (173.0) (159.0)  
Restructuring expense of Industrial Activities   (1.0) (2.0)  
Income (loss) before taxes   659.0 495.0  
Pre-tax gain from amortization of benefits modification   6.0 6.0  
Amortization period of retirement benefits payable 4 years 6 months     4 years
Reduction of plan liability $ 527.0     $ 100.0
Unallocated items, eliminations and other        
Segment Reporting Information [Line Items]        
Total Adjusted EBIT of Industrial Activities   (59.0) (29.0)  
Industrial Activities | Operating segments        
Segment Reporting Information [Line Items]        
Total Adjusted EBIT of Industrial Activities   555.0 429.0  
Interest expense of Industrial Activities, net of interest income and eliminations   (4.0) (35.0)  
Foreign exchange gains (losses), net of Industrial Activities   (6.0) (13.0)  
Finance and non-service component of Pension and other post-employment benefit cost of Industrial Activities   1.0 38.0  
Restructuring expense of Industrial Activities   (1.0) (2.0)  
Other discrete items of Industrial Activities   7.0 (40.0)  
Gain in relation to fair value measurement   13.0    
Loss from sale of business, held for sale   6.0    
Asset write-downs     44.0  
Separation costs     3.8  
Gain 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   $ 0.0 $ 30.0  
Industrial Activities | Operating segments | 2021 Modification of Healthcare Plan        
Segment Reporting Information [Line Items]        
Amortization period of retirement benefits payable   4 years 4 years  
Reduction of plan liability   $ 101.0 $ 101.0  
Agriculture | Operating segments        
Segment Reporting Information [Line Items]        
Total Adjusted EBIT of Industrial Activities   570.0 426.0  
Construction | Operating segments        
Segment Reporting Information [Line Items]        
Total Adjusted EBIT of Industrial Activities   44.0 32.0  
Financial Services | Operating segments        
Segment Reporting Information [Line Items]        
Net income (loss)   78.0 82.0  
Income tax (expense) benefit   $ 29.0 $ 36.0