Annual report pursuant to Section 13 and 15(d)

PENSION AND OTHER POSTRETIREMENT BENEFITS (Details 1) -Obligations, Assets and Funded Status

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PENSION AND OTHER POSTRETIREMENT BENEFITS (Details 1) -Obligations, Assets and Funded Status
$ in Millions
12 Months Ended
Dec. 31, 2022
USD ($)
country
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Amounts recognized in consolidated balance sheets      
Pension assets $ 1,398 $ 1,488  
Liability, Defined Benefit Pension Plan, Noncurrent (445) (431)  
Other Pension Plan      
Change in plan assets      
Employer contributions $ 12 13  
Less Significant Defined Benefit or Other Postretirement Plans Applicable to Number of Countries | country 14    
Maximum Percentage of Defined Benefit Plans Assets Included in Other Liabilities and Deferred Revenue 4.00%    
Maximum Percentage of Defined Benefit Plans, Obligations Included in Other Liabilities and Deferred Revenue 5.00%    
Other Postretirement Benefit Plan      
Change in benefit obligation      
Benefit obligation at the beginning of the year $ 192 219  
Interest cost 5 5 $ 7
Plan participants' contributions 4 14  
Actuarial gain (25) (8)  
Benefits paid directly by employer or from fund (36) (38)  
Assumption of Meritor's benefit obligation 22    
Benefit obligation at the end of the year $ 162 $ 192 219
Change in plan assets      
Less Significant Defined Benefit or Other Postretirement Plans Applicable to Number of Countries | country 5    
Maximum Percentage of Defined Benefit Plans, Obligations Included in Other Liabilities and Deferred Revenue 14.00% 8.00%  
Funded status      
Funded status at end of year $ (162) $ (192)  
Amounts recognized in consolidated balance sheets      
Accrued compensation, benefits and retirement costs (21) (19)  
Liability, Other Postretirement Defined Benefit Plan, Noncurrent (141) (173)  
Net amount recognized (162) (192)  
Amounts recognized in accumulated other comprehensive loss consist of:      
Net actuarial loss (gain) (44) (18)  
Prior service cost (credit) (3) (4)  
Net amount recognized (47) (22)  
UNITED KINGDOM      
Change in benefit obligation      
Benefit obligation at the beginning of the year 1,887 2,050  
Service cost 30 33 29
Interest cost 39 30 36
Actuarial gain (702) (136)  
Benefits paid directly by employer or from fund (70) (63)  
Plan amendment 0 0  
Assumption of Meritor's benefit obligation 418 0  
Exchange rate changes (204) (27)  
Benefit obligation at the end of the year 1,398 1,887 2,050
Change in plan assets      
Fair value of plan assets at the beginning of the year 2,390 2,337  
Actual return on plan assets (960) 118  
Employer contributions 3 30  
Benefits paid from Fund (70) (63)  
Defined Benefit Plan, Plan Assets, Business Combination 565 0  
Exchange rate changes (258) (32)  
Fair value of plan assets at the end of the year 1,670 2,390 2,337
Funded status      
Funded status at end of year 272 503  
Amounts recognized in consolidated balance sheets      
Pension assets 272 503  
Accrued compensation, benefits and retirement costs 0 0  
Liability, Defined Benefit Pension Plan, Noncurrent 0 0  
Net amount recognized 272 503  
Amounts recognized in accumulated other comprehensive loss consist of:      
Net actuarial loss (gain) 402 61  
Prior service cost (credit) 10 11  
Net amount recognized 412 72  
UNITED STATES      
Change in benefit obligation      
Benefit obligation at the beginning of the year 3,012 3,122  
Service cost 137 139 133
Interest cost 101 79 95
Actuarial gain (643) (132)  
Benefits paid directly by employer or from fund (200) (178)  
Plan amendment 3 0  
Assumption of Meritor's benefit obligation 786 0  
Benefit obligation at the end of the year 3,171 3,012 3,122
Change in plan assets      
Fair value of plan assets at the beginning of the year 3,548 3,429  
Actual return on plan assets (244) 267  
Employer contributions 25 30  
Benefits paid from Fund (200) (178)  
Defined Benefit Plan, Plan Assets, Business Combination 699 0  
Exchange rate changes 0 0  
Fair value of plan assets at the end of the year 3,828 3,548 $ 3,429
Funded status      
Funded status at end of year 657 536  
Amounts recognized in consolidated balance sheets      
Pension assets 1,126 985  
Accrued compensation, benefits and retirement costs (24) (18)  
Liability, Defined Benefit Pension Plan, Noncurrent (445) (431)  
Net amount recognized 657 536  
Amounts recognized in accumulated other comprehensive loss consist of:      
Net actuarial loss (gain) 273 467  
Prior service cost (credit) 8 6  
Net amount recognized 281 473  
UNITED STATES | Nonqualified Plan      
Change in benefit obligation      
Benefits paid directly by employer or from fund $ (25) $ (18)