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BUSINESSES HELD FOR SALE AND DISCONTINUED OPERATIONS (Tables)
6 Months Ended
Jun. 30, 2022
Discontinued Operations and Disposal Groups [Abstract]  
Financial Information for Assets and Liabilities of Businesses Held for Sale
ASSETS AND LIABILITIES OF BUSINESSES HELD FOR SALEJune 30, 2022December 31, 2021
Current receivables, inventories and contract assets$512 $— 
Property, plant and equipment and intangible assets - net192 — 
All other assets
63 — 
Assets of businesses held for sale$767 $— 
Progress collections and deferred income$1,228 $— 
Accounts payable and equipment project accruals and all other liabilities409 — 
Liabilities of businesses held for sale
$1,638 $— 
Financial Information for Discontinued Operations
RESULTS OF DISCONTINUED OPERATIONS Three months ended June 30Six months ended June 30
2022202120222021
Operations
Cost of equipment and services sold$— $(8)$— $(376)
Other income, costs and expenses(205)592 (455)838 
Earnings (loss) of discontinued operations before income taxes$(205)$583 $(455)$462 
Benefit (provision) for income taxes(50)(15)(79)
Earnings (loss) of discontinued operations, net of taxes(a)$(202)$533 $(470)$384 
Disposal
Gain (loss) on disposal before income taxes$(8)$(1,133)$(30)$(3,835)
Benefit (provision) for income taxes— 37 (7)
Gain (loss) on disposal, net of taxes$(8)$(1,097)$(25)$(3,842)
Earnings (loss) from discontinued operations, net of taxes$(210)$(564)$(496)$(3,458)
(a) Included zero and $496 million from GECAS operations for the three months ended June 30, 2022 and 2021, respectively. Included zero and $673 million from GECAS operations, including zero and $359 million of depreciation and amortization, for the six months ended June 30, 2022 and 2021, respectively. Depreciation and amortization for GECAS ceased on March 10, 2021.

ASSETS AND LIABILITIES OF DISCONTINUED OPERATIONSJune 30, 2022December 31, 2021
Cash, cash equivalents and restricted cash
$1,178 $736 
Financing receivables held for sale (Polish mortgage portfolio)
1,400 1,799 
 Property, plant, and equipment - net 79 88 
All other assets
542 554 
Assets of discontinued operations$3,199 $3,177 
Accounts payable and all other liabilities
$1,032 $887 
Liabilities of discontinued operations
$1,032 $887