v3.23.3

RESTRUCTURING, IMPAIRMENT AND OTHER (Tables) | 9 Months Ended
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Sep. 30, 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 net charges are not included in the reported segment results:
| Three Months Ended September 30, | Nine Months Ended September 30,
Segments | 2023 | 2022 | 2023 | 2022
Oilfield Services & Equipment | $ | 4 |  | $ | 102 |  | $ | 46 |  | $ | 120 |
Industrial & Energy Technology | 2 |  | 25 |  | 68 |  | 27 |
Corporate | (1) |  | 19 |  | 44 |  | 27 |
Total | $ | 5 |  | $ | 146 |  | $ | 158 |  | $ | 174 |
The following table presents restructuring and impairment charges by type, and includes gains on the dispositions of certain facilities as a consequence of exit activities:
| Three Months Ended September 30, | Nine Months Ended September 30,
Charges by Type | 2023 | 2022 | 2023 | 2022
Property, plant & equipment, net | $ | (5) |  | $ | 65 |  | $ | 9 |  | $ | 59 |
Employee-related termination costs | 7 |  | 77 |  | 117 |  | 106 |
Other incremental costs | 3 |  | 4 |  | 32 |  | 9 |
Total | $ | 5 |  | $ | 146 |  | $ | 158 |  | $ | 174 |

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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 -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479823/420-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482017/420-10-50-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479823/420-10-S99-2 + Details
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