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RESTRUCTURING COSTS
 12 Months Ended
Dec. 31, 2021
Restructuring and Related Activities [Abstract]  
RESTRUCTURING COSTS RESTRUCTURING COSTS
The Company incurs costs associated with restructuring initiatives intended to improve operating performance, profitability and working capital levels. Actions associated with these initiatives may include improving productivity, workforce reductions and the consolidation of facilities.
The Company recorded net pre-tax restructuring costs for new and ongoing restructuring actions as follows:

(In millions)202120202019
HVAC$33 $7 $56 
Refrigeration25 12 14 
Fire & Security26 28 53 
Total Segment84 47 123 
General corporate expenses5 2 3 
Total restructuring costs$89 $49 $126 
Cost of sales$28 $20 $36 
Selling, general and administrative60 29 90 
Other income (expense), net1 — — 
Total restructuring costs$89 $49 $126 

The following table summarizes the reserves and charges related to the restructuring reserve:

(In millions)20212020
Balance as of January 1,$49 $66 
Net pre-tax restructuring costs89 49 
Utilization, foreign exchange and other(76)(66)
Reclassified to held for sale(8)— 
Balance as of December 31,$54 $49 

During the year ended December 31, 2021, charges associated with restructuring initiatives related to cost reduction efforts. Amounts recognized primarily related to severance due to workforce reductions and exit costs due to the consolidation of field operations. As of December 31, 2021, the Company had $54 million accrued for costs associated with its announced restructuring initiatives, all of which is expected to be paid within one year.