OTHER INCOME (LOSS) (Tables)

9 Months Ended

Sep. 30, 2022

Other Income and Expenses [Abstract]

Schedule of Other Income (Loss)

	Three months ended September 30				Nine months ended September 30
	2022		2021		2022		2021
Purchases and sales of business interests(a)	$	22	$	(153)	$	42	$	(155)
Licensing and royalty income	57		54		157		141
Equity method income	16		(149)		141		(112)
Investment in Baker Hughes realized and unrealized gain (loss)	(238)		359		818		1,028
Investment in and note with AerCap unrealized gain (loss)	138		—		(2,669)		—
Other net interest and investment income (loss)	125		133		256		517
Other items	76		108		314		339
Total other income (loss)	$	195	$	351	$	(941)	$	1,757

(a) Included a pre-tax loss of $172 million related to the sale of our boiler manufacturing business in China in our Power segment for the three and nine months ended September 30, 2021. See Note 2 for further information.