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COMMITMENTS AND CONTINGENCIES (Tables)
3 Months Ended
Mar. 31, 2025
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Product Warranty Reserves The following table summarizes the changes in total product warranty reserves for the periods presented:
Product Warranty
Millions of dollars20252024
Balance at January 1 $196 $206 
Issuances/accruals during the period61 72 
Settlements made during the period/other(60)(80)
Liabilities classified to held for sale  
Balance at March 31
$197 $201 
Current portion135 $128 
Non-current portion62 73 
Total$197 $201