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INCOME TAXES - Income tax reconciliation (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Income Tax Disclosure [Abstract]      
Income taxes at U.S. statutory rate of 21% for 2020, 2019 and 2018 $ 203 $ 266 $ 251
Net tax on remittance of foreign earnings 93 22 (22)
Valuation allowance adjustments 53 (2) (11)
Reserve adjustments, settlements and claims 45 46 32
Foreign rate differentials 21 35 28
State taxes, net of federal benefit 12 3 6
U.S. tax on non-U.S. earnings 11 15 37
Other foreign taxes 9 10 8
Non-deductible transaction costs 8 3 3
Impact of transactions 3 124 (1)
Impact of foreign derived intangible income (1) (1) (15)
Affiliates' earnings (4) (7) (10)
Tax credits (12) (17) (26)
Changes in accounting methods and filing positions (18) (7) (30)
Tax holidays (36) (26) (28)
Revaluation of U.S. deferred taxes 0 0 (4)
Other 10 4 (7)
Provision for income taxes $ 397 $ 468 $ 211