RETIREMENT BENEFIT PLANS - Retirement Benefits Expense (Income) (Details) - USD ($) $ in Millions |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2023 |
Sep. 30, 2022 |
Sep. 30, 2023 |
Sep. 30, 2022 |
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| Pension plans | UNITED STATES | ||||
| Retirement benefits plans expense (income) | ||||
| Service cost | $ 4 | $ 6 | $ 14 | $ 22 |
| Interest cost | 35 | 32 | 106 | 80 |
| Expected return on plan assets | (48) | (50) | (146) | (155) |
| Amortization | 1 | 2 | 3 | 14 |
| Total | (8) | (10) | (23) | (39) |
| Settlements | 9 | 18 | 28 | 49 |
| Total expense (income) | 1 | 8 | 5 | 10 |
| Pension plans | Foreign Plan | ||||
| Retirement benefits plans expense (income) | ||||
| Service cost | 11 | 15 | 32 | 45 |
| Interest cost | 22 | 12 | 64 | 36 |
| Expected return on plan assets | (31) | (28) | (91) | (88) |
| Amortization | 1 | 11 | 5 | 35 |
| Total | 4 | 9 | 11 | 27 |
| Settlements | 1 | 0 | 2 | 1 |
| Total expense (income) | 5 | 10 | 13 | 29 |
| Postretirement plan | ||||
| Retirement benefits plans expense (income) | ||||
| Service cost | 0 | 0 | 0 | 1 |
| Interest cost | 3 | 2 | 8 | 5 |
| Expected return on plan assets | 0 | 0 | 0 | 0 |
| Amortization | (4) | (1) | (13) | (5) |
| Total | (1) | 0 | (5) | 0 |
| Settlements | 0 | 0 | 0 | 0 |
| Total expense (income) | $ (1) | $ 0 | $ (5) | $ 0 |
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- Definition Total Benefit Plans. No definition available.
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- Definition Amount of gain (loss) recognized in net periodic benefit (cost) credit of defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of expected return (loss) recognized in net periodic benefit (cost) credit, calculated based on expected long-term rate of return and market-related value of plan assets of defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of cost recognized for passage of time related to defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of net periodic benefit cost (credit) for defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition Amount of gain (loss) recognized in net periodic benefit (cost) credit from settlement and curtailment. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of cost for actuarial present value of benefits attributed to service rendered by employee for defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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