RESTRUCTURING (Tables)

3 Months Ended

Mar. 31, 2024

Restructuring and Related Activities [Abstract]

Schedule of restructuring reserve

The following table is a rollforward of the liability related to the restructuring charges:

In millions of dollars	Personnel costs		Other		Total
Balance at December 31, 2022	$	—	$	—	$	—
4Q23 restructuring charges	687		94		781
4Q23 payments and utilization	—		(69)		(69)
Foreign exchange	—		—		—
Balance at December 31, 2023	$	687	$	25	$	712
Restructuring charges	$	237	$	54	$	291
Change in estimate(1)	(66)		—		(66)
Net restructuring charges	$	171	$	54	$	225
Payments and utilization	$	(127)	$	(46)	$	(173)
Foreign exchange	—		—		—
Balance at March 31, 2024	$	731	$	33	$	764

(1)    Revisions primarily relate to higher-than-anticipated redeployments of displaced employees to other positions within the Company, job function releveling and employee attrition.