OTHER COMPREHENSIVE INCOME (Tables)

9 Months Ended

Sep. 30, 2023

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

The following table presents changes in Accumulated Other Comprehensive Income (Loss) ("AOCI"), net of tax, for the three months and nine months ended September 30, 2023 and 2022:


	Three Months Ended September 30,				Nine Months Ended September 30,
In millions	2023		2022		2023		2022
Defined Benefit Pension and Postretirement Adjustments
Balance at beginning of period	$	(1,151)	$	(919)	$	(1,195)	$	(962)

Amounts reclassified from accumulated other comprehensive income	22		21		66		64
Balance at end of period	(1,129)		(898)		(1,129)		(898)
Change in Cumulative Foreign Currency Translation Adjustments
Balance at beginning of period	(761)		(560)		(722)		(694)
Other comprehensive income (loss) before reclassifications	(79)		(120)		(118)		14
Amounts reclassified from accumulated other comprehensive income	517		—		517		—
Balance at end of period	(323)		(680)		(323)		(680)
Net Gains and Losses on Cash Flow Hedging Derivatives
Balance at beginning of period	(8)		(10)		(8)		(10)

Amounts reclassified from accumulated other comprehensive income	—		2		—		2
Balance at end of period	(8)		(8)		(8)		(8)
Total Accumulated Other Comprehensive Income (Loss) at End of Period	$	(1,460)	$	(1,586)	$	(1,460)	$	(1,586)

Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]

The following table presents details of the reclassifications out of AOCI for the three months and nine months ended September 30, 2023 and 2022:


In millions:	Amount Reclassified from Accumulated Other Comprehensive Income									Location of Amount Reclassified from AOCI
	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Defined benefit pension and postretirement items:
Prior-service costs	$	(6)	$	(6)	$	(18)	$	(17)	(a)	Non-operating pension expense (income)
Actuarial gains (losses)	(23)		(22)		(69)		(68)		(a)	Non-operating pension expense (income)
Total pre-tax amount	(29)		(28)		(87)		(85)
Tax (expense) benefit	7		7		21		21
Net of tax	(22)		(21)		(66)		(64)

Change in cumulative foreign currency translation adjustments:
Business acquisitions/divestitures	(517)		—		(517)		—		(b)	Discontinued operations, net of taxes
Tax (expense) benefit	—		—		—		—
Net of tax	(517)		—		(517)		—

Net gains and losses on cash flow hedging derivatives:
Interest rate contracts	—		(2)		—		(2)			Cost of products sold
Tax (expense)/benefit	—		—		—		—
Net of tax	—		(2)		—		(2)
Total reclassifications for the period	$	(539)	$	(23)	$	(583)	$	(66)

(a)These accumulated other comprehensive income components are included in the computation of net periodic pension cost (see Note 17 for additional details).

(b)See Note 11 - Equity Method Investments for additional details.