Annual report pursuant to Section 13 and 15(d)

PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS - Narrative (Details)

v3.24.0.1
PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS - Narrative (Details)
$ in Millions
 12 Months Ended
Dec. 31, 2023
USD ($)
yr
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Defined Benefit Plan Disclosure      
Minimum Interest Crediting Rate 3.80%    
Period of time current interest crediting rate will converge with ultimate interest crediting rate | yr 10    
Defined Benefit Plan, Expected Future Employer Contributions, Next Fiscal Year $ 47    
Multiemployer Plan, Employer Contribution, Cost $ 1 $ 1 $ 1
U.S. Pension Plans      
Defined Benefit Plan Disclosure      
Defined benefit plan portion of projected pension benefit obligation percentage 63.00%    
Defined Benefit Plan Portion of Projected Pension Plan Assets Percentage 56.00%    
Maximum portion of plan assets for which an investment manager is responsible (as a percent) 28.00%    
Rate of increase in compensation levels (as a percent) 6.75%    
The 5-year annualized return on plan assets (as a percent) 6.70%    
The 10-year annualized return on plan assets (as a percent) 6.10%    
The 15-year annualized return on plan assets (as a percent) 8.30%    
Annualized return on plan assets since inception (as a percent) 9.90%    
Defined Contribution Plan, Employer Matching Contribution, Percent of Match 3.00%    
Company costs associated with defined contribution plans $ 44 45 32
U.S. Pension Plans | Maximum      
Defined Benefit Plan Disclosure      
Defined Contribution Plan, Employer Matching Contribution, Percent of Match 3.50%    
Non-U.S. Pension Plans      
Defined Benefit Plan Disclosure      
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 34.00%    
Defined Benefit Plan, Plan Assets, Target Allocation Percentage, European and Canadian 66.00%    
Company costs associated with defined contribution plans $ 82 $ 79 $ 79
Equity Securities, US based companies | U.S. Pension Plans      
Defined Benefit Plan Disclosure      
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 18.00%    
Global equities | U.S. Pension Plans      
Defined Benefit Plan Disclosure      
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 81.00%    
Emerging market equities | U.S. Pension Plans      
Defined Benefit Plan Disclosure      
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 11.00%    
Domestic small- and mid-cap equities | U.S. Pension Plans      
Defined Benefit Plan Disclosure      
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 8.00%    
Long-duration bonds | U.S. Pension Plans      
Defined Benefit Plan Disclosure      
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 62.00%    
Multi-strategy alternative credit managers | U.S. Pension Plans      
Defined Benefit Plan Disclosure      
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 38.00%    
Equity Securities, International based companies | Non-U.S. Pension Plans      
Defined Benefit Plan Disclosure      
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 2.00%    
Defined Benefit Plan, Plan Assets, Target Allocation Percentage, European and Canadian 60.00%    
Fixed Income Funds | U.S. Pension Plans      
Defined Benefit Plan Disclosure      
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 47.00%    
Fixed Income Funds | Non-U.S. Pension Plans      
Defined Benefit Plan Disclosure      
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 23.00%    
Defined Benefit Plan, Plan Assets, Target Allocation Percentage, European and Canadian 29.00%    
Mutual, pooled and commingled funds | Non-U.S. Pension Plans      
Defined Benefit Plan Disclosure      
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 40.00%    
Other | Non-U.S. Pension Plans      
Defined Benefit Plan Disclosure      
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 35.00%    
Defined Benefit Plan, Plan Assets, Target Allocation Percentage, European and Canadian 11.00%    
Common Stock      
Defined Benefit Plan Disclosure      
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 9.00%    
Common Stock | U.S. Pension Plans      
Defined Benefit Plan Disclosure      
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 5.00%    
Alternative investments | U.S. Pension Plans      
Defined Benefit Plan Disclosure      
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 35.00%