RESTRUCTURING AND OTHER CHARGES (Details) $ in Millions |
3 Months Ended | 12 Months Ended | ||
---|---|---|---|---|
Dec. 31, 2019
USD ($)
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Dec. 31, 2020
USD ($)
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Dec. 31, 2019
USD ($)
employee
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Dec. 31, 2018
USD ($)
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Total Restructuring Charges | ||||
Restructuring actions | $ 119 | $ 0 | $ 119 | $ 0 |
Restructuring Charges, Net of Tax | 90 | $ 90 | ||
Restructuring and Related Cost, Number of Positions Eliminated | employee | 2,300 | |||
Payments for Restructuring | (110) | $ (4) | ||
Restructuring Reserve, Foreign Currency Translation (Gain) Loss | (1) | 1 | ||
Change in estimate, restructuring | (4) | |||
Restructuring Reserve | $ 116 | $ 1 | 116 | |
Engine | ||||
Total Restructuring Charges | ||||
Restructuring actions | 18 | |||
Distribution | ||||
Total Restructuring Charges | ||||
Restructuring actions | 37 | |||
Components | ||||
Total Restructuring Charges | ||||
Restructuring actions | 20 | |||
Power Systems | ||||
Total Restructuring Charges | ||||
Restructuring actions | 12 | |||
New Power | ||||
Total Restructuring Charges | ||||
Restructuring actions | 1 | |||
Corporate Segment | ||||
Total Restructuring Charges | ||||
Restructuring actions | $ 31 |
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- Definition Change in estimate, restructuring No definition available.
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- Definition Amount charged net of tax against earnings in the period for incurred and estimated costs associated with exit from or disposal of business activities or restructurings pursuant to a duly authorized plan, excluding asset retirement obligations. No definition available.
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- Definition Amount of cash payments made as the result of exit or disposal activities. Excludes payments associated with a discontinued operation or an asset retirement obligation. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The number of positions eliminated during the period as a result of restructuring activities. No definition available.
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Carrying amount (including both current and noncurrent portions of the accrual) as of the balance sheet date pertaining to a specified type of cost associated with exit from or disposal of business activities or restructuring pursuant to a duly authorized plan. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of foreign currency translation gain (loss) which decreases (increases) the restructuring reserve. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of expenses for special or contractual termination benefits provided to current employees involuntarily terminated under a benefit arrangement associated exit or disposal activities pursuant to an authorized plan. Excludes expenses related to one-time termination benefits, a discontinued operation or an asset retirement obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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