v3.23.1

RESTRUCTURING, IMPAIRMENT AND OTHER (Tables)

3 Months Ended

Mar. 31, 2023

Restructuring and Related Activities [Abstract]

Schedule of Restructuring and Impairment Charges

The following table presents restructuring and impairment charges by the impacted segment, however, these charges are not included in the reported segment results:

			Three Months Ended March 31,
Segments			2023			2022
Oilfield Services & Equipment			$	15		$	2
Industrial & Energy Technology			14			(1)
Corporate			27			3
Total			$	56		$	4

The following table presents restructuring and impairment charges by type, and includes gains on the dispositions of certain property, plant and equipment previously impaired as a consequence of exit activities:

			Three Months Ended March 31,
Charges by Type			2023			2022
Property, plant & equipment, net			$	15		$	(9)
Employee-related termination costs			31			8
Other incremental costs			10			5
Total			$	56		$	4

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No definition available.

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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

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-Name Accounting Standards Codification
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