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SHAREHOLDERS' EQUITY (Tables)
6 Months Ended
Jun. 30, 2023
Equity [Abstract]  
Schedule of Shareholders' Equity
Three months ended June 30Six months ended June 30
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (AOCI)
(Dividends per share in dollars)
2023202220232022
Beginning balance$(3,505)$(4,746)$(5,893)$(4,569)
AOCI before reclasses – net of taxes of $(13), $46, $(18) and $136
67 (760)220 (941)
Reclasses from AOCI – net of taxes of $0, $0, $(626) and $0(a)
27 — 2,262 — 
AOCI95 (760)2,481 (941)
Less AOCI attributable to noncontrolling interests(2)(3)
Currency translation adjustments AOCI$(3,409)$(5,512)$(3,409)$(5,512)
Beginning balance$4,214 $3,884 $6,531 $3,646 
AOCI before reclasses – net of taxes of $12, $32, $(1) and $57
41 97 (43)151 
Reclasses from AOCI – net of taxes of $(63), $51, $(657) and $106(a)
(214)192 (2,449)378 
AOCI(173)289 (2,492)529 
Less AOCI attributable to noncontrolling interests— — (2)
Benefit plans AOCI$4,041 $4,173 $4,041 $4,173 
Beginning balance$(1,222)$2,174 $(1,927)$5,172 
AOCI before reclasses – net of taxes of $(127), $(720), $61 and $(1,521)
(446)(2,714)272 (5,708)
Reclasses from AOCI – net of taxes of $(3), $5, $(3) and $7(a)
(28)19 (41)14 
AOCI(474)(2,695)231 (5,693)
Investment securities and cash flow hedges AOCI $(1,696)$(521)$(1,696)$(521)
Beginning balance$(2,776)$(5,427)$(983)$(9,109)
AOCI before reclasses – net of taxes of $71, $859, $(406) and $1,838
267 3,231 (1,527)6,913 
AOCI267 3,231 (1,527)6,913 
Long-duration insurance contracts AOCI$(2,510)$(2,196)$(2,510)$(2,196)
AOCI at June 30
$(3,573)$(4,057)$(3,573)$(4,057)
Dividends declared per common share$0.08 $0.08 $0.16 $0.16 
(a)The total reclassification from AOCI included $195 million, including currency translation of $2,234 million and benefit plans of $(2,030) million, net of taxes, in first quarter of 2023 related to the spin-off of GE HealthCare.