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REVENUE RECOGNITION AND CONTRACTS WITH CUSTOMERS (Tables)
 3 Months Ended
Mar. 31, 2025
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue See the following disaggregated revenue table and related discussions by reportable business segment for details:
 Three Months Ended March 31,
20252024
Aerospace Technologies
Commercial Aviation Original Equipment$627 $674 
Commercial Aviation Aftermarket1,899 1,659 
Defense and Space1,646 1,336 
Net Aerospace Technologies sales4,172 3,669 
Industrial Automation
Sensing and Safety Technologies423 450 
Productivity Solutions and Services269 322 
Process Solutions1,468 1,496 
Warehouse and Workflow Solutions218 210 
Net Industrial Automation sales2,378 2,478 
Building Automation
Products1,029 813 
Building Solutions663 613 
Net Building Automation sales1,692 1,426 
Energy and Sustainability Solutions
UOP664 577 
Advanced Materials897 948 
Net Energy and Sustainability Solutions sales1,561 1,525 
Corporate and All Other19 7 
Net sales$9,822 $9,105 
The disaggregation of the Company's revenue based off timing of recognition is as follows:
Three Months Ended March 31,
20252024
Products, transferred point in time57 %58 %
Products, transferred over time11 11 
Net product sales68 69 
Services, transferred point in time5 5 
Services, transferred over time27 26 
Net service sales32 31 
Net sales100 %100 %
Contract with Customer Asset and Liability
The following table summarizes the Company's contract assets and liabilities balances:
 20252024
Contract assets—January 1$2,207 $2,013 
Contract assets—March 312,383 1,939 
Change in contract assets - increase (decrease)$176 $(74)
Contract liabilities—January 1$(4,220)$(4,326)
Contract liabilities—March 31(4,300)(4,005)
Change in contract liabilities - (increase) decrease$(80)$321 
Net change$96 $247