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Pay vs Performance Disclosure
 12 Months Ended
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure [Table]        
Pay vs Performance [Table Text Block]

PAY VERSUS PERFORMANCE TABLE

 

                   Value of Initial Fixed $100
Investment Based On:		        
Year(1)  SCT Total
Compensation
for CEO		   Compensation
Actually Paid
to CEO(2)		   Average
SCT Total
Compensation
for Other NEOs		   Average
Compensation
Actually Paid
to Other NEOs(2)		   Cumulative
TSR(3)		   Cumulative
Peer Group
TSR (S&P 500
Industrials)(3)		   Net
Income ($M)		   Return
on
Equity(4)
2023  $25,830,332   $39,641,382   $7,698,819   $11,525,285   $219.91   $150.20   $10,335   61.5%
2022  $20,607,600   $34,096,694(5)   $6,610,827   $10,398,658(5)   $174.60   $127.15   $6,705   45.3%
2021  $24,298,032   $34,172,491(5)   $7,610,248   $10,084,611(5)   $147.22   $134.52   $6,489   37.2%
2020  $13,676,551   $28,536,469(5)   $4,749,102   $9,387,400(5)   $126.97   $111.06   $2,998   24.0%

 

(1) For each covered year, D. James Umpleby III served as our Chief Executive Officer. Other Named Executive Officers are as follows: for 2023, Andrew Bonfield, Suzette Long, Denise Johnson and Joe Creed; for 2022 and 2021, Andrew Bonfield, Denise Johnson, Bob De Lange and Joe Creed; and for 2020, Andrew Bonfield, William Ainsworth, Bob De Lange and Denise Johnson.

(2) Amounts reported in this column are based on total compensation reported for our CEO and for other NEOs, respectively, in the Summary Compensation Table for the indicated fiscal years and adjusted as shown in the table below. Fair value of equity awards was computed in accordance with the Company’s methodology used for financial reporting purposes.

 

       SCT Total
Compensation		   Grant Date fair
value of current
year grants as
disclosed in the
SCT		   Year-End fair
value of
awards
granted in
current year
and unvested
at year-end		  Change in fair
value of
awards
granted in
prior years and
unvested at
Year-end		   Change in fair
value of
awards
granted in
prior years and
vested in
current year		   Prior
Year-End
fair value of
any awards
forfeited during
current year		   Compensation
Actually Paid
2023   CEO(1)   $25,830,332   $(16,999,983)  $21,077,820  $6,157,365   $3,575,848   $—   $39,641,382
    NEO Average(1)   $7,698,819   $(4,749,942)  $5,889,323  $1,725,129   $961,956   $—   $11,525,285
2022   CEO(1)(5)   $20,607,600   $(13,499,951)  $19,694,813  $7,069,355   $224,877   $—   $34,096,694
    NEO Average(1)(5)   $6,610,827   $(3,874,981)  $5,653,127  $1,970,819   $38,866   $—   $10,398,658
2021   CEO(1)(5)   $24,298,032   $(17,499,992)  $16,046,195  $5,209,200   $6,119,056   $—   $34,172,491
    NEO Average(1)(5)   $7,610,248   $(5,075,011)  $4,653,411  $1,349,324   $1,546,639   $—   $10,084,611
2020   CEO(1)(5)   $13,676,551   $(11,799,969)  $22,425,120  $5,326,646   $(1,091,879)  $—   $28,536,469
    NEO Average(1)(5)   $4,749,102   $(3,799,993)  $7,221,651  $1,601,982   $(385,342)  $—   $9,387,400

(3) Total shareholder return amounts assume an initial investment of $100 on December 31, 2019.
(4) In accordance with SEC rules, the Company is required to include in the Pay Versus Performance Table the “most important” financial performance measure (as determined by the Company) used to link compensation actually paid to our executive officers to Company performance for the most recently completed fiscal year. The Company determined Return on Equity, which is a metric included in our incentive program, meets this requirement, and therefore, we have included this performance measure in the Pay Versus Performance Table. See page 50 for information regarding adjustments made to ROE.
(5) Consistent with SEC guidance issued in late 2023, equity values and Compensation Actually Paid for 2020 through 2022 have been adjusted from those previously reported to reflect a change in the date awards were considered vested for NEOs who meet the awards’ long-service separation requirement.
      
Company Selected Measure Name Return on Equity      
Named Executive Officers, Footnote [Text Block]

 

(1) For each covered year, D. James Umpleby III served as our Chief Executive Officer. Other Named Executive Officers are as follows: for 2023, Andrew Bonfield, Suzette Long, Denise Johnson and Joe Creed; for 2022 and 2021, Andrew Bonfield, Denise Johnson, Bob De Lange and Joe Creed; and for 2020, Andrew Bonfield, William Ainsworth, Bob De Lange and Denise Johnson.
      
PEO Total Compensation Amount [1] $ 25,830,332 $ 20,607,600 $ 24,298,032 $ 13,676,551
PEO Actually Paid Compensation Amount [2] $ 39,641,382 34,096,694 [3] 34,172,491 [3] 28,536,469 [3]
Adjustment To PEO Compensation, Footnote [Text Block]

 

       SCT Total
Compensation		   Grant Date fair
value of current
year grants as
disclosed in the
SCT		   Year-End fair
value of
awards
granted in
current year
and unvested
at year-end		  Change in fair
value of
awards
granted in
prior years and
unvested at
Year-end		   Change in fair
value of
awards
granted in
prior years and
vested in
current year		   Prior
Year-End
fair value of
any awards
forfeited during
current year		   Compensation
Actually Paid
2023   CEO(1)   $25,830,332   $(16,999,983)  $21,077,820  $6,157,365   $3,575,848   $—   $39,641,382
    NEO Average(1)   $7,698,819   $(4,749,942)  $5,889,323  $1,725,129   $961,956   $—   $11,525,285
2022   CEO(1)(5)   $20,607,600   $(13,499,951)  $19,694,813  $7,069,355   $224,877   $—   $34,096,694
    NEO Average(1)(5)   $6,610,827   $(3,874,981)  $5,653,127  $1,970,819   $38,866   $—   $10,398,658
2021   CEO(1)(5)   $24,298,032   $(17,499,992)  $16,046,195  $5,209,200   $6,119,056   $—   $34,172,491
    NEO Average(1)(5)   $7,610,248   $(5,075,011)  $4,653,411  $1,349,324   $1,546,639   $—   $10,084,611
2020   CEO(1)(5)   $13,676,551   $(11,799,969)  $22,425,120  $5,326,646   $(1,091,879)  $—   $28,536,469
    NEO Average(1)(5)   $4,749,102   $(3,799,993)  $7,221,651  $1,601,982   $(385,342)  $—   $9,387,400

      
Non-PEO NEO Average Total Compensation Amount $ 7,698,819 6,610,827 7,610,248 4,749,102
Non-PEO NEO Average Compensation Actually Paid Amount [2] $ 11,525,285 10,398,658 [3] 10,084,611 [3] 9,387,400 [3]
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]

       SCT Total
Compensation		   Grant Date fair
value of current
year grants as
disclosed in the
SCT		   Year-End fair
value of
awards
granted in
current year
and unvested
at year-end		  Change in fair
value of
awards
granted in
prior years and
unvested at
Year-end		   Change in fair
value of
awards
granted in
prior years and
vested in
current year		   Prior
Year-End
fair value of
any awards
forfeited during
current year		   Compensation
Actually Paid
2023   CEO(1)   $25,830,332   $(16,999,983)  $21,077,820  $6,157,365   $3,575,848   $—   $39,641,382
    NEO Average(1)   $7,698,819   $(4,749,942)  $5,889,323  $1,725,129   $961,956   $—   $11,525,285
2022   CEO(1)(5)   $20,607,600   $(13,499,951)  $19,694,813  $7,069,355   $224,877   $—   $34,096,694
    NEO Average(1)(5)   $6,610,827   $(3,874,981)  $5,653,127  $1,970,819   $38,866   $—   $10,398,658
2021   CEO(1)(5)   $24,298,032   $(17,499,992)  $16,046,195  $5,209,200   $6,119,056   $—   $34,172,491
    NEO Average(1)(5)   $7,610,248   $(5,075,011)  $4,653,411  $1,349,324   $1,546,639   $—   $10,084,611
2020   CEO(1)(5)   $13,676,551   $(11,799,969)  $22,425,120  $5,326,646   $(1,091,879)  $—   $28,536,469
    NEO Average(1)(5)   $4,749,102   $(3,799,993)  $7,221,651  $1,601,982   $(385,342)  $—   $9,387,400
      
Compensation Actually Paid vs. Total Shareholder Return [Text Block]

 

 

      
Compensation Actually Paid vs. Net Income [Text Block]

     
Compensation Actually Paid vs. Company Selected Measure [Text Block]

     
Tabular List [Table Text Block]

COMPANY’S MOST IMPORTANT FINANCIAL PERFORMANCE MEASURES

 

The following are the most important financial performance measures (shown in alphabetical order), as determined by the Company, that link compensation actually paid to our CEO and other NEOs to the Company’s performance for the most recently completed fiscal year.

 

Most Important Financial Measures  
Adjusted Profit Per Share Enterprise Services Revenues
Enterprise Operating Profit Margin Relative Average TSR
Enterprise Operating Profit Return on Equity
Enterprise Operating Profit After Capital Charge (OPACC)  
      
Total Shareholder Return Amount [4] $ 219.91 174.60 147.22 126.97
Peer Group Total Shareholder Return Amount [4] 150.20 127.15 134.52 111.06
Net Income (Loss) Attributable to Parent $ 10,335,000,000 $ 6,705,000,000 $ 6,489,000,000 $ 2,998,000,000
Company Selected Measure Amount [5] 61.5 45.3 37.2 24.0
PEO Name D. James Umpleby III D. James Umpleby III D. James Umpleby III D. James Umpleby III
Measure [Axis]: 1        
Pay vs Performance Disclosure [Table]        
Measure Name Adjusted Profit Per Share      
Measure [Axis]: 2        
Pay vs Performance Disclosure [Table]        
Measure Name Enterprise Operating Profit Margin      
Measure [Axis]: 3        
Pay vs Performance Disclosure [Table]        
Measure Name Enterprise Operating Profit      
Measure [Axis]: 4        
Pay vs Performance Disclosure [Table]        
Measure Name Enterprise Operating Profit After Capital Charge (OPACC)      
Measure [Axis]: 5        
Pay vs Performance Disclosure [Table]        
Measure Name Enterprise Services Revenues      
Measure [Axis]: 6        
Pay vs Performance Disclosure [Table]        
Measure Name Relative Average TSR      
Measure [Axis]: 7        
Pay vs Performance Disclosure [Table]        
Measure Name Return on Equity      
PEO [Member] | Grant Date Fair Value Of Current Year Grants As Disclosed In The SCT        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount $ (16,999,983) $ (13,499,951) $ (17,499,992) $ (11,799,969)
PEO [Member] | Year End Fair Value Of Awards Granted In Current Year And Unvested At Year end        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount 21,077,820 19,694,813 16,046,195 22,425,120
PEO [Member] | Change In Fair Value Of Awards Granted In Prior Years And Unvested At Year end        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount 6,157,365 7,069,355 5,209,200 5,326,646
PEO [Member] | Change In Fair Value Of Awards Granted In Prior Years And Vested In Current Year        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount 3,575,848 224,877 6,119,056 (1,091,879)
PEO [Member] | Prior Year End Fair Value Of Any Awards Forfeited During Current Year        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount
Non-PEO NEO [Member] | Grant Date Fair Value Of Current Year Grants As Disclosed In The SCT        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount (4,749,942) (3,874,981) (5,075,011) (3,799,993)
Non-PEO NEO [Member] | Year End Fair Value Of Awards Granted In Current Year And Unvested At Year end        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount 5,889,323 5,653,127 4,653,411 7,221,651
Non-PEO NEO [Member] | Change In Fair Value Of Awards Granted In Prior Years And Unvested At Year end        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount 1,725,129 1,970,819 1,349,324 1,601,982
Non-PEO NEO [Member] | Change In Fair Value Of Awards Granted In Prior Years And Vested In Current Year        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount 961,956 38,866 1,546,639 (385,342)
Non-PEO NEO [Member] | Prior Year End Fair Value Of Any Awards Forfeited During Current Year        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount
[1] For each covered year, D. James Umpleby III served as our Chief Executive Officer. Other Named Executive Officers are as follows: for 2023, Andrew Bonfield, Suzette Long, Denise Johnson and Joe Creed; for 2022 and 2021, Andrew Bonfield, Denise Johnson, Bob De Lange and Joe Creed; and for 2020, Andrew Bonfield, William Ainsworth, Bob De Lange and Denise Johnson.
[2] Amounts reported in this column are based on total compensation reported for our CEO and for other NEOs, respectively, in the Summary Compensation Table for the indicated fiscal years and adjusted as shown in the table below. Fair value of equity awards was computed in accordance with the Company’s methodology used for financial reporting purposes.
[3] Consistent with SEC guidance issued in late 2023, equity values and Compensation Actually Paid for 2020 through 2022 have been adjusted from those previously reported to reflect a change in the date awards were considered vested for NEOs who meet the awards’ long-service separation requirement.
[4] Total shareholder return amounts assume an initial investment of $100 on December 31, 2019.
[5] In accordance with SEC rules, the Company is required to include in the Pay Versus Performance Table the “most important” financial performance measure (as determined by the Company) used to link compensation actually paid to our executive officers to Company performance for the most recently completed fiscal year. The Company determined Return on Equity, which is a metric included in our incentive program, meets this requirement, and therefore, we have included this performance measure in the Pay Versus Performance Table. See page 50 for information regarding adjustments made to ROE.