OTHER (INCOME) AND EXPENSE, NET |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Other Income and Expenses [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| OTHER (INCOME) AND EXPENSE, NET | OTHER (INCOME) EXPENSE, NET Other (income) expense, net consists of the following:
(1)Other charges and credits of $(5) million and $(6) million for the three and six months ended June 30, 2025, respectively, consist of other income within OFSE and IET. The Company recorded other (income) expense, net of $(134) million and $(26) million for the three months ended June 30, 2025 and 2024, respectively, and $6 million and $(48) million for the six months ended June 30, 2025 and 2024, respectively, primarily due to change in fair value of equity securities.
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