SEGMENT FINANCIAL DATA - Schedule of Reconciliation of Revenue from Segments to Consolidated (Details) - USD ($) $ in Millions |
3 Months Ended | 12 Months Ended | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
May 14, 2023 |
Dec. 31, 2024 |
Sep. 30, 2024 |
Jun. 30, 2024 |
Mar. 31, 2024 |
Dec. 31, 2023 |
Sep. 30, 2023 |
Jun. 30, 2023 |
Mar. 31, 2023 |
Dec. 31, 2024 |
Dec. 31, 2023 |
Dec. 31, 2022 |
|
Segment Reporting Information [Line Items] | ||||||||||||
Operating profit | $ 774 | $ 763 | $ 724 | $ 385 | $ 539 | $ 510 | $ 651 | $ 460 | $ 2,646 | $ 2,160 | $ 3,984 | |
Corporate and other | (201) | (214) | (126) | |||||||||
Restructuring costs | (108) | (75) | (20) | |||||||||
Amortization of acquired intangibles | (689) | (143) | (46) | |||||||||
Acquisition on step-up amortization | (282) | (41) | (51) | |||||||||
Acquisition/divestiture-related costs | (95) | (123) | (31) | |||||||||
Viessmann-related hedges | (86) | (96) | 0 | |||||||||
CCR gain | $ (292) | 318 | 0 | 0 | ||||||||
Gain on liability adjustment | 46 | 0 | 0 | |||||||||
Bridge loan financing costs | 0 | (3) | 0 | |||||||||
TCC acquisition-related gain | 0 | (8) | 705 | |||||||||
Chubb gain | 0 | 0 | 1,105 | |||||||||
Russia/Ukraine asset impairment | 0 | 0 | (3) | |||||||||
Charge resulting from legal matter | 0 | 0 | (22) | |||||||||
Non-service pension benefit (expense) | (1) | (1) | (4) | |||||||||
Interest (expense) income, net | (371) | (160) | (157) | |||||||||
Earnings before income taxes | 2,274 | 1,999 | 3,823 | |||||||||
Operating Segments | ||||||||||||
Segment Reporting Information [Line Items] | ||||||||||||
Operating profit | $ 3,743 | $ 2,863 | $ 2,473 |
X | ||||||||||
- Definition Acquisition on Step-Up Amortization No definition available.
|
X | ||||||||||
- Definition Amortization of Acquired Intangible Assets No definition available.
|
X | ||||||||||
- Definition Asset Impairment Charge, Russia and Ukraine No definition available.
|
X | ||||||||||
- Definition Bridge Loan Financing Costs No definition available.
|
X | ||||||||||
- Definition Gain On Liability Adjustment No definition available.
|
X | ||||||||||
- Definition Legal Matter Gain (Loss) No definition available.
|
X | ||||||||||
- Definition This element represents acquisition-related costs incurred to effect a business combination which costs have been expensed during the period. Such costs include finder's fees; advisory, legal, accounting, valuation, and other professional or consulting fees; general administrative costs, including the costs of maintaining an internal acquisitions department; and may include costs of registering and issuing debt and equity securities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition In a business combination achieved in stages, this element represents the amount of net gain (loss) recognized by the entity as a result of remeasuring to fair value the equity interest in the acquiree it held before the business combination. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount of gain (loss) from deconsolidation of subsidiary and derecognition of group of assets constituting transfer of business or nonprofit activity, excluding conveyance of oil and gas mineral rights and transfer of good or service in contract with customer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount before tax of gain (loss) recognized on the sale or disposal of a disposal group. Excludes discontinued operations. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
X | ||||||||||
- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
X | ||||||||||
- Definition Amount of interest income (expense) classified as nonoperating. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
X | ||||||||||
- Definition Aggregate loss on all derivative instruments charged against earnings during the period, before tax effects. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount of expense (reversal of expense) for net periodic benefit cost components, excluding service cost component, of defined benefit plan. Amount includes, but is not limited to, interest cost, expected (return) loss on plan asset, amortization of prior service cost (credit), amortization of (gain) loss, amortization of transition (asset) obligation, settlement (gain) loss, curtailment (gain) loss and certain termination benefits. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
X | ||||||||||
- Definition Amount, after cash payment, of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- 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.
|
X | ||||||||||
- Definition Amount of other expense (income) and loss (gain) calculated as difference between segment revenue and separately disclosed expense category to arrive at segment profit (loss). Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
X | ||||||||||
- Details
|