OTHER INCOME (EXPENSE), NET - Schedule of Other Income (Expense) (Details) - USD ($) $ in Millions |
12 Months Ended | |||
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May 14, 2023 |
Dec. 31, 2024 |
Dec. 31, 2023 |
Dec. 31, 2022 |
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Other Income and Expenses [Abstract] | ||||
Viessmann-related hedges | $ (86) | $ (96) | $ 0 | |
CCR gain | $ (292) | 318 | 0 | 0 |
TMA-related gain | 46 | 0 | 0 | |
TCC acquisition-related gain | 0 | (8) | 705 | |
Chubb gain | 0 | 0 | 1,105 | |
Other | 39 | (9) | 8 | |
Other income (expense), net | $ 317 | $ (113) | $ 1,818 |
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- Definition Tax Matters Agreement Related Gain No definition available.
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- 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
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- 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
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- 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
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- 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
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- References No definition available.
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- Definition Amount of other expense (income) that is infrequent in occurrence or unusual in nature. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The net amount of other operating income and expenses, the components of which are not separately disclosed on the income statement, from items that are associated with the entity's normal revenue producing operations. No definition available.
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