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Other Charges (Tables)
9 Months Ended
Sep. 30, 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 nine months ended September 30, 2023:
Nine Months Ended September 30, 2023
(millions of dollars)Severance costsOther cost reduction chargesTotal cost reduction program related chargesOther chargesTotal other charges
Balance, December 31, 2022
$281 $27 $308 $12 $320 
2023 Other charges24 — 24 18 42 
Less: Cash payments / receipts(113)(1)(114)(19)(133)
Less: Non-cash charges— — — 
Foreign currency translation and other(9)— (9)— (9)
Balance, September 30, 2023
$183 $26 $209 $18 $227