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(Tables)

12 Months Ended

Dec. 31, 2020

Restructuring and Related Activities [Abstract]

Summary of Cost Reductions

The following tables provide a summary of the pre-tax charges by reportable segment for the years ended December 31, 2020 and December 31, 2019.

			Year Ended December 31, 2020
(millions of dollars)			Severance costs						Other cost reduction charges						Total cost reduction program related charges						Merger related and other charges						Total
Americas			$	35					$	24					59						13						$	72
EMEA			131						21						152						3						155
APAC			7						2						9						3						12
Engineering			38						28						66						4						70
Other			87						18						105						92						197
Total			$	298					$	93					$	391					$	115					$	506

			Year Ended December 31, 2019
(millions of dollars)			Severance costs						Other cost reduction charges						Total cost reduction program related charges						Merger related and other charges						Total
Americas			$	36					$	20					56						34						$	90
EMEA			105						16						121						21						142
APAC			40						10						50						72						122
Engineering			1						12						13						(9)						4
Other			22						42						64						145						209
Total			$	204					$	100					$	304					$	263					$	567

The following table summarizes the activities related to the company's cost reduction programs and other charges during 2019 and 2020:

(millions of dollars)			Severance costs						Other cost reduction charges						Total cost reduction program related charges						Merger related and other charges						Total
2019 Cost Reduction Programs and Other Charges			$	204					$	100					304						$	263					$	567
Less: Cash payments			(91)						(57)						(148)						(112)						(260)
Less: Non-cash charges			—						(21)						(21)						(78)						(99)
Foreign currency translation and other			4						(6)						(2)						(6)						(8)
Balance, December 31, 2019			$	117					$	16					$	133					$	67					$	200
2020 Cost Reduction Programs and Other Charges			298						93						391						115						506
Less: Cash payments			(156)						(20)						(176)						(45)						(221)
Less: Non-cash charges			—						(68)						(68)						(82)						(150)
Foreign currency translation and other			24						1						25						9						34
Balance, December 31, 2020			$	283					$	22					$	305					$	64					$	369

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- References

No definition available.

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X

- 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
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB TOPIC 5.P.3)
-URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140864-122747

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section 50
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-URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB TOPIC 5.P.4)
-URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747

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