EMPLOYEE BENEFITS (Tables)

3 Months Ended

Mar. 31, 2022

Defined Benefit Plan Disclosure [Line Items]

Components of net periodic benefit cost

	Pension
		U.S.		Non-U.S.
(in millions)		Plans		Plans		Total
Three Months Ended March 31, 2022
Components of net periodic benefit cost:
Service cost	$	1	$	5	$	6
Interest cost		27		3		30
Expected return on assets		(53)		(5)		(58)
Amortization of prior service cost		-		1		1
Amortization of net loss		7		1		8
Net periodic benefit cost (credit)	$	(18)	$	5	$	(13)
Three Months Ended March 31, 2021
Components of net periodic benefit cost:
Service cost	$	1	$	5	$	6
Interest cost		22		3		25
Expected return on assets		(61)		(6)		(67)
Amortization of prior service cost		-		1		1
Amortization of net loss		9		2		11
Net periodic benefit cost (credit)	$	(29)	$	5	$	(24)