RESTRUCTURING CHARGES AND SEPARATION COSTS (Tables)

12 Months Ended

Dec. 31, 2022

Restructuring and Related Activities [Abstract]

Schedule of Restructuring and Related Costs

This table is inclusive of all restructuring charges in our segments and at Corporate, and the charges are shown below for the business where they originated. Separately, in our reported segment results, significant, higher-cost restructuring programs are excluded from measurement of segment operating performance for internal and external purposes; those excluded amounts are reported in Restructuring and other charges for Corporate.

RESTRUCTURING AND OTHER CHARGES	2022		2021		2020
Workforce reductions	$	348	$	695	$	856
Plant closures & associated costs and other asset write-downs	615		145		332
Acquisition/disposition net charges and other	30		(21)		66
Total restructuring and other charges	$	993	$	819	$	1,254
Cost of equipment/services	$	250	$	394	$	570
Selling, general and administrative expenses	774		499		697
Other (income) loss	(31)		(75)		(13)
Total restructuring and other charges	$	993	$	819	$	1,254
Aerospace	$	20	$	70	$	397
Renewable Energy	177		204		213
Power	155		369		236
HealthCare	148		155		137
Corporate	494		20		270
Total restructuring and other charges	$	993	$	819	$	1,254
Restructuring and other charges cash expenditures	$	492	$	781	$	1,175

An analysis of changes in the liability for restructuring follows.

	2022		2021		2020
Balance at January 1	$	1,026	$	1,337	$	1,746
Additions	578		655		860
Payments	(385)		(670)		(997)
Remeasurement	(4)		(245)		(212)
Effect of foreign currency and other	(31)		(52)		(60)
Balance at December 31 (a)	$	1,183	$	1,026	$	1,337

(a) Includes actuarial determined post-employment severance benefits reserve of $475 million, $464 million and $722 million as of December 31, 2022, 2021 and 2020, respectively.