Other Charges (Tables)

3 Months Ended

Mar. 31, 2023

Restructuring and Related Activities [Abstract]

Summary of Other Charges

The following table summarizes the activities related to the company's pre-tax Other charges for the three months ended March 31, 2023:

(millions of dollars)	Severance costs		Other cost reduction charges		Total cost reduction program related charges		Merger-related and other charges		Total other charges
Balance, December 31, 2022	$	281	$	27	$	308	$	12	$	320
2023 Other charges	—		—		—		18		18
Less: Cash payments / receipts	(79)		—		(79)		—		(79)
Less: Non-cash charges	—		—		—		—		—
Foreign currency translation and other	(1)		1		—		(2)		(2)
Balance, March 31, 2023	$	201	$	28	$	229	$	28	$	257