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Other Charges (Tables) | 12 Months Ended
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Dec. 31, 2023
Restructuring and Related Activities [Abstract] |
Summary of Cost Reductions | The following table provides a summary of the pre-tax charges by reportable segment for the year ended December 31, 2022:
| Year Ended December 31, 2022
(millions of dollars) | Russia deconsolidation charges |  | Other Russia related charges |  | Total Russia charges |  | Merger-related costs and other charges |  | Total
Americas | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 4 |  |  | $ | 4 |
EMEA | 733 |  |  | (7) |  |  | 726 |  |  | 25 |  |  | 751 |
APAC | — |  |  | — |  |  | — |  |  | 28 |  |  | 28 |
Engineering | 54 |  |  | 110 |  |  | 164 |  |  | 41 |  |  | 205 |
Other | — |  |  | — |  |  | — |  |  | 41 |  |  | 41 |
Total | $ | 787 |  |  | $ | 103 |  |  | $ | 890 |  |  | $ | 139 |  |  | $ | 1,029 |
The following table provides a summary of the pre-tax charges by reportable segment for the year ended December 31, 2021:
| Year Ended December 31, 2021
(millions of dollars) | Severance costs |  | Other cost reduction charges |  | Total cost reduction program related charges |  | Merger related and other charges |  | Total
Americas | $ | 4 |  |  | $ | 2 |  |  | $ | 6 |  |  | $ | (6) |  |  | $ | — |
EMEA | 204 |  |  | 33 |  |  | 237 |  |  | 1 |  |  | 238 |
APAC | 16 |  |  | 12 |  |  | 28 |  |  | (50) |  |  | (22) |
Engineering | 20 |  |  | 6 |  |  | 26 |  |  | — |  |  | 26 |
Other | 15 |  |  | 26 |  |  | 41 |  |  | (10) |  |  | 31 |
Total | $ | 259 |  |  | $ | 79 |  |  | $ | 338 |  |  | $ | (65) |  |  | $ | 273 |
The following table summarizes the activities related to the company's cost reduction programs and other charges during 2022 and 2023:
(millions of dollars) | Total Russia charges |  |  | Severance costs |  | Other cost reduction charges |  | Total cost reduction program related charges |  | Merger related and other charges |  | Total
Balance, December 31, 2021 | $ | — |  |  |  | $ | 384 |  |  | $ | 38 |  |  | $ | 422 |  |  | $ | 31 |  |  | $ | 453 |
2022 Russia-Ukraine conflict and other charges | 890 |  |  |  | 41 |  |  | 24 |  |  | 65 |  |  | 74 |  |  | 1,029 |
Less: Cash payments | — |  |  |  | (122) |  |  | (24) |  |  | (146) |  |  | 19 |  |  | (127) |
Less: Non-cash charges | (890) |  |  |  | — |  |  | (7) |  |  | (7) |  |  | (109) |  |  | (1,006) |
Foreign currency translation and other | — |  |  |  | (22) |  |  | (4) |  |  | (26) |  |  | (3) |  |  | (29) |
Balance, December 31, 2022 | $ | — |  |  |  | $ | 281 |  |  | $ | 27 |  |  | $ | 308 |  |  | $ | 12 |  |  | $ | 320 |
2023 Other Charges | — |  |  |  | 26 |  |  | — |  |  | 26 |  |  | 14 |  |  | 40 |
Less: Cash payments | — |  |  |  | (134) |  |  | (1) |  |  | (135) |  |  | (23) |  |  | (158) |
Less: Non-cash charges | — |  |  |  | — |  |  | — |  |  | — |  |  | 12 |  |  | 12 |
Foreign currency translation and other | — |  |  |  | (1) |  |  | — |  |  | (1) |  |  | 1 |  |  | — |
Balance, December 31, 2023 | $ | — |  |  |  | $ | 172 |  |  | $ | 26 |  |  | $ | 198 |  |  | $ | 16 |  |  | $ | 214 |

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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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