RESTRUCTURING COSTS (Tables)

6 Months Ended

Jun. 30, 2020

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Reserve by Type of Cost

During the three and six months ended June 30, 2020 and 2019, we recorded net pre-tax restructuring costs for new and ongoing restructuring actions as follows:

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
(dollars in millions)	2020		2019		2020		2019
HVAC	$	1	$	18	$	3	$	35
Refrigeration	3		4		3		7
Fire & Security	6		8		9		21
Eliminations and other	1		—		1		—
Total restructuring costs	$	11	$	30	$	16	$	63

Restructuring charges incurred during the six months ended June 30, 2020 and 2019 primarily relate to actions initiated during 2020 and 2019, and were recorded as follows:

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
(dollars in millions)	2020		2019		2020		2019
Cost of sales	$	5	$	8	$	6	$	13
Selling, general and administrative	6		22		10		50
Total restructuring costs	$	11	$	30	$	16	$	63

The following table summarizes the accrual balance and utilization for the 2020 restructuring actions:

(dollars in millions)	Severance		Facility Exit, Lease Termination and Other Costs		Total
For the Three Months Ended June 30, 2020
Restructuring accrual as of March 31, 2020	$	2	$	—	$	2
Net pre-tax restructuring costs	10		1		11
Utilization, foreign exchange and other costs	(4)		—		(4)
Balance as of June 30, 2020	$	8	$	1	$	9
For the Six Months Ended June 30, 2020
Restructuring accrual as of January 1, 2020	$	—	$	—	$	—
Net pre-tax restructuring costs	12		1		13
Utilization, foreign exchange and other costs	(4)		—		(4)
Balance as of June 30, 2020	$	8	$	1	$	9

The following table summarizes expected, incurred and remaining costs for the 2020 restructuring actions by segment:

(dollars in millions)	Expected Costs		Costs Incurred - Three Months Ended March 31, 2020		Costs Incurred - Three Months Ended June 30, 2020		Remaining Costs at June 30, 2020
HVAC	$	5	$	(1)	$	(2)	$	2
Refrigeration	5		—		(3)		2
Fire & Security	8		(1)		(5)		2
Eliminations and other	2		—		(1)		1
Total	$	20	$	(2)	$	(11)	$	7

The following table summarizes expected, incurred and remaining costs for the 2019 restructuring actions by segment:

(dollars in millions)	Expected Costs		Costs Incurred in 2019		Costs Incurred - Three Months Ended March 31, 2020		Costs Incurred - Three Months Ended June 30, 2020		Remaining Costs at June 30, 2020
HVAC	$	53	$	(51)	$	(1)	$	2	$	3
Refrigeration	16		(14)		—		(1)		1
Fire & Security	49		(43)		(2)		(1)		3
Eliminations and other	2		(2)		—		—		—
Total	$	120	$	(110)	$	(3)	$	—	$	7

Schedule of Restructuring and Related Costs

The following table summarizes the accrual balances and utilization for the 2019 restructuring actions:

(dollars in millions)	Severance		Facility Exit, Lease Termination and Other Costs		Total
For the Three Months Ended June 30, 2020
Restructuring accrual as of March 31, 2020	$	32	$	—	$	32
Net pre-tax restructuring costs	—		—		—
Utilization, foreign exchange and other costs	(5)		—		(5)
Balance as of June 30, 2020	$	27	$	—	$	27
For the Six Months Ended June 30, 2020
Restructuring accrual as of January 1, 2020	$	43	$	1	$	44
Net pre-tax restructuring costs	3		—		3
Utilization, foreign exchange and other costs	(19)		(1)		(20)
Balance as of June 30, 2020	$	27	$	—	$	27