v3.25.2
Revenue Recognition and Contracts with Customers
6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Revenue Recognition and Contracts with Customers
Note 3. Revenue Recognition and Contracts with Customers
Disaggregated Revenue
Net sales by region (determined based on country of shipment) and channel is included in Note 21, Segments and Concentrations.
Contract Balances
The following table summarizes our contract assets and liabilities balances:
 20252024
 (Dollars in millions)
Contract assets—January 1$40 $38 
Contract assets—June 30
51 51 
Change in contract assets—Increase/(Decrease)$11 $13 
Contract liabilities—January 1$(8)$(11)
Contract liabilities—June 30
(15)(14)
Change in contract liabilities—Decrease/(Increase)$(7)$(3)