Russia-Ukraine conflict and Other Charges (Tables)

6 Months Ended

Jun. 30, 2022

Restructuring and Related Activities [Abstract]

Summary of Cost Reductions

The following tables summarize the company's pre-tax charges for the quarter and six months ended June 30, 2022:

	Quarter Ended June 30, 2022
(millions of dollars)	Russia deconsolidation charges		Other Russia related charges		Total Russia charges		Merger-related and other charges		Total
Americas	$	—	$	—	$	—	$	3	$	3
EMEA	733		2		735		49		784
APAC	—		—		—		28		28
Engineering	54		112		166				166
Other			—		—		12		12
Total	$	787	$	114	$	901	$	92	$	993

	Six Months Ended June 30, 2022
(millions of dollars)	Russia deconsolidation charges		Other Russia related charges		Total Russia charges		Merger-related and other charges		Total
Americas	$	—	$	—	$	—	$	3	$	3
EMEA	733		2		735		49		784
APAC	—		—		—		24		24
Engineering	54		112		166		—		166
Other			—		—		12		12
Total	$	787	$	114	$	901	$	88	$	989

The following table summarizes the activities related to the company's Russia-Ukraine conflict and other charges for the six months ended June 30, 2022:

(millions of dollars)	Total Russia charges		Severance costs		Other cost reduction charges		Total cost reduction program related charges		Merger-related and other charges		Total
Balance, December 31, 2021	$	—	$	384	$	38	$	422	$	31	$	453
2022 Russia-Ukraine conflict and other charges	901		24		14		38		50		989
Less: Cash payments / receipts	—		(64)		(6)		(70)		3		(67)
Less: Non-cash charges	(901)		—		(7)		(7)		(54)		(962)
Foreign currency translation and other	—		(25)		(4)		(29)		(1)		(30)
Balance, June 30, 2022	$	—	$	319	$	35	$	354	$	29	$	383