Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2023

Accounting Policies [Abstract]

Schedule of depreciation recorded over the estimated useful lives

Depreciation is recorded on a straight-line basis over the estimated useful lives of the respective assets as follows:

Category	Lives
Buildings and improvements	10 - 40 years
Plant, machinery and equipment	5 - 25 years
Other equipment	3 - 10 years

Schedule of recognized identified assets acquired and liabilities assumed

The asset and liability fair values of the remaining Raven business, Applied Technology Division, at the acquisition date are as follows:

		November 30, 2021
	(in millions)
Intangible Assets
Customer Relationship		$	145
In-Process R&D		165
Developed Technology		50
Trade Names		74
Goodwill		1,404
Deferred Tax Liability and Other		(137)