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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables) | 12 Months Ended
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Dec. 31, 2023
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Schedule of Accumulated Other Comprehensive Income (Loss) | The changes in Accumulated other comprehensive income (loss) are provided in the tables below. Comprehensive income (loss) attributable to noncontrolling interest consists predominantly of net income.
| Pre-tax |  | Tax |  | After-Tax
Year Ended December 31, 2023 |  |  |  |  |
Foreign exchange translation adjustment | $ | (269) |  |  | $ | — |  |  | $ | (269) |
Pension and other postretirement benefit adjustments | (538) |  |  | 131 |  |  | (407) |
Changes in fair value of available for sale investments | 5 |  |  | — |  |  | 5 |
Changes in fair value of cash flow hedges | 17 |  |  | (6) |  |  | 11 |
Total net current period other comprehensive income (loss) | $ | (785) |  |  | $ | 125 |  |  | $ | (660) |
Year Ended December 31, 2022 |  |  |  |  |
Foreign exchange translation adjustment | $ | (354) |  |  | $ | — |  |  | $ | (354) |
Pension and other postretirement benefit adjustments | (280) |  |  | 47 |  |  | (233) |
Changes in fair value of available for sale investments | (8) |  |  | — |  |  | (8) |
Changes in fair value of cash flow hedges | 9 |  |  | 6 |  |  | 15 |
Total net current period other comprehensive income (loss) | $ | (633) |  |  | $ | 53 |  |  | $ | (580) |
Year Ended December 31, 2021 |  |  |  |  |
Foreign exchange translation adjustment | $ | 302 |  |  | $ | — |  |  | $ | 302 |
Pension and other postretirement benefit adjustments | 245 |  |  | (59) |  |  | 186 |
Changes in fair value of available for sale investments | (3) |  |  | — |  |  | (3) |
Changes in fair value of cash flow hedges | (4) |  |  | 1 |  |  | (3) |
Total net current period other comprehensive income (loss) | $ | 540 |  |  | $ | (58) |  |  | $ | 482 |
Components Of Accumulated Other Comprehensive Income (Loss) | COMPONENTS OF ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
| December 31,
2023 |  | 2022
Cumulative foreign exchange translation adjustment | $ | (3,101) |  |  | $ | (2,832) |
Pension and other postretirement benefit adjustments | (1,055) |  |  | (648) |
Fair value adjustments of available for sale investments | (2) |  |  | (7) |
Fair value adjustments of cash flow hedges | 23 |  |  | 12 |
Total Accumulated other comprehensive income (loss) | $ | (4,135) |  |  | $ | (3,475) |
Change In Accumulated Other Comprehensive Income (Loss) By Component | CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) BY COMPONENT
| Foreign Exchange Translation Adjustment |  | Pension and Other Postretirement Benefit Adjustments |  | Changes in Fair Value of Available for Sale Investments |  | Changes in Fair Value of Cash Flow Hedges |  | Total
Balance at December 31, 2020 | $ | (2,780) |  |  | $ | (601) |  |  | $ | 4 |  |  | $ | — |  |  | $ | (3,377) |
Other comprehensive income (loss) before reclassifications | 314 |  |  | 268 |  |  | (3) |  |  | 17 |  |  | 596 |
Amounts reclassified from accumulated other comprehensive income (loss) | (12) |  |  | (82) |  |  | — |  |  | (20) |  |  | (114) |
Net current period other comprehensive income (loss) | 302 |  |  | 186 |  |  | (3) |  |  | (3) |  |  | 482 |
Balance at December 31, 2021 | (2,478) |  |  | (415) |  |  | 1 |  |  | (3) |  |  | (2,895) |
Other comprehensive income (loss) before reclassifications | (344) |  |  | (623) |  |  | (8) |  |  | 71 |  |  | (904) |
Amounts reclassified from accumulated other comprehensive income (loss) | (10) |  |  | 390 |  |  | — |  |  | (56) |  |  | 324 |
Net current period other comprehensive income (loss) | (354) |  |  | (233) |  |  | (8) |  |  | 15 |  |  | (580) |
Balance at December 31, 2022 | (2,832) |  |  | (648) |  |  | (7) |  |  | 12 |  |  | (3,475) |
Other comprehensive income (loss) before reclassifications | (269) |  |  | (477) |  |  | 5 |  |  | 60 |  |  | (681) |
Amounts reclassified from accumulated other comprehensive income (loss) | — |  |  | 70 |  |  | — |  |  | (49) |  |  | 21 |
Net current period other comprehensive income (loss) | (269) |  |  | (407) |  |  | 5 |  |  | 11 |  |  | (660) |
Balance at December 31, 2023 | $ | (3,101) |  |  | $ | (1,055) |  |  | $ | (2) |  |  | $ | 23 |  |  | $ | (4,135) |
Reclassifications Out Of Accumulated Other Comprehensive Income (Loss) | RECLASSIFICATIONS OUT OF ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
| Year Ended December 31, 2023
Affected Line in the Consolidated Statement of Operations
Net Sales |  | Cost of Products Sold |  | Cost of Services Sold |  | Selling, General and Administrative Expenses |  | Other (Income) Expense |  | Interest and Other Financial Charges |  | Total
Amortization of pension and other postretirement benefit items |  |  |  |  |  |  |  |  |  |  |  |  |
Actuarial losses recognized | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 141 |  |  | $ | — |  |  | $ | 141 |
Prior service (credit) recognized | — |  |  | — |  |  | — |  |  | — |  |  | (63) |  |  | — |  |  | (63) |
Losses (gains) on cash flow hedges | (15) |  |  | (28) |  |  | (10) |  |  | (10) |  |  | — |  |  | — |  |  | (63) |
Losses (gains) on excluded component of net investment hedges | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total before tax | $ | (15) |  |  | $ | (28) |  |  | $ | (10) |  |  | $ | (10) |  |  | $ | 78 |  |  | $ | — |  |  | $ | 15 |
Tax (expense) benefit | 6 |
Total reclassifications for the period, net of tax | $ | 21 |
| Year Ended December 31, 2022
Affected Line in the Consolidated Statement of Operations
Net Sales |  | Cost of Products Sold |  | Cost of Services Sold |  | Selling, General and Administrative Expenses |  | Other (Income) Expense |  | Interest and Other Financial Charges |  | Total
Amortization of pension and other postretirement benefit items |  |  |  |  |  |  |  |  |  |  |  |  |
Actuarial losses recognized | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 516 |  |  | $ | — |  |  | $ | 516 |
Prior service (credit) recognized | — |  |  | — |  |  | — |  |  | — |  |  | (84) |  |  | — |  |  | (84) |
Losses (gains) on cash flow hedges | (13) |  |  | (48) |  |  | (14) |  |  | 3 |  |  | — |  |  | — |  |  | (72) |
Losses (gains) on excluded component of net investment hedges | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (13) |  |  | (13) |
Total before tax | $ | (13) |  |  | $ | (48) |  |  | $ | (14) |  |  | $ | 3 |  |  | $ | 432 |  |  | $ | (13) |  |  | $ | 347 |
Tax (expense) benefit |  |  |  | (23) |
Total reclassifications for the period, net of tax |  |  |  | $ | 324 |
| Year Ended December 31, 2021
Affected Line in the Consolidated Statement of Operations
Net Sales |  | Cost of Products Sold |  | Cost of Services Sold |  | Selling, General and Administrative Expenses |  | Other (Income) Expense |  | Interest and Other Financial Charges |  | Total
Amortization of pension and other postretirement benefit items |  |  |  |  |  |  |  |  |  |  |  |  |
Actuarial losses recognized | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 7 |  |  | $ | — |  |  | $ | 7 |
Prior service (credit) recognized | — |  |  | — |  |  | — |  |  | — |  |  | (116) |  |  | — |  |  | (116) |
Losses (gains) on cash flow hedges | (5) |  |  | (8) |  |  | (2) |  |  | (9) |  |  | — |  |  | — |  |  | (24) |
Losses (gains) on excluded component of net investment hedges | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (16) |  |  | (16) |
Total before tax | $ | (5) |  |  | $ | (8) |  |  | $ | (2) |  |  | $ | (9) |  |  | $ | (109) |  |  | $ | (16) |  |  | $ | (149) |
Tax (expense) benefit |  |  |  |  |  |  |  |  |  |  |  |  | 35 |
Total reclassifications for the period, net of tax |  |  |  | $ | (114) |

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