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RESTRUCTURING CHARGES (Tables) | 3 Months Ended
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Mar. 31, 2023
Restructuring and Related Activities [Abstract] |
Schedule of Restructuring Program Charges | A summary of restructuring program charges is as follows:
|  |  | Three months ended March 31
(In millions except for per share data) |  |  |  |  | 2023 |  | 2022
Workforce reductions |  |  |  |  | $ | 2 |  |  | $ | 5 |
Plant closing and other |  |  |  |  | 7 |  |  | 13 |
Total before income taxes |  |  |  |  | 10 |  |  | 18 |
Income tax benefit |  |  |  |  | 2 |  |  | 4 |
Total after income taxes |  |  |  |  | $ | 8 |  |  | $ | 14 |
Per ordinary share - diluted |  |  |  |  | $ | 0.02 |  |  | $ | 0.03 |
Restructuring program charges related to the following segments:
|  |  | Three months ended March 31 |  |
(In millions) |  |  |  |  | 2023 |  | 2022 |  |  |  |
Electrical Americas |  |  |  |  | $ | 2 |  |  | $ | 5 |  |  |  |  |
Electrical Global |  |  |  |  | 3 |  |  | 5 |  |  |  |  |
Aerospace |  |  |  |  | 1 |  |  | 3 |  |  |  |  |
Vehicle |  |  |  |  | 2 |  |  | 3 |  |  |  |  |
Corporate |  |  |  |  | 1 |  |  | 2 |  |  |  |  |
Total |  |  |  |  | $ | 10 |  |  | $ | 18 |  |  |  |  |
Schedule of Liabilities Related to Restructuring | A summary of liabilities related to workforce reductions, plant closing and other associated costs is as follows:
(In millions) | Workforce reductions |  | Plant closing and other |  | Total
Balance at January 1, 2020 | $ | — |  |  | $ | — |  |  | $ | — |
Liability recognized | 172 |  |  | 42 |  |  | 214 |
Payments, utilization and translation | (33) |  |  | (39) |  |  | (72) |
Balance at December 31, 2020 | 139 |  |  | 3 |  |  | 142 |
Liability recognized | 21 |  |  | 57 |  |  | 78 |
Payments, utilization and translation | (64) |  |  | (52) |  |  | (116) |
Balance at December 31, 2021 | 96 |  |  | 8 |  |  | 104 |
Liability recognized, net 1 | (13) |  |  | 47 |  |  | 33 |
Payments, utilization and translation | (45) |  |  | (51) |  |  | (96) |
Balance at December 31, 2022 | 38 |  |  | 4 |  |  | 41 |
Liability recognized | 2 |  |  | 7 |  |  | 10 |
Payments | (5) |  |  | (8) |  |  | (13) |
Balance at March 31, 2023 | $ | 35 |  |  | $ | 3 |  |  | $ | 38 |
1 The restructuring program liability was adjusted by $30 million in 2022 related to true-ups for completed workforce reductions and the decision not to close a facility in the Vehicle segment that was previously included in the program.

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- Definition Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -URI https://asc.fasb.org/extlink&oid=115931487&loc=d3e140864-122747 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4) -URI https://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details
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- Definition Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(b)(2)) -URI https://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details
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