v3.25.2
REPOSITIONING AND OTHER CHARGES (Tables)
 6 Months Ended
Jun. 30, 2025
Restructuring and Related Activities [Abstract]  
Repositioning and Other Charges
A summary of net repositioning and other charges follows:
Three Months Ended June 30,Six Months Ended June 30,
 2025202420252024
Severance$3 $20 $27 $53 
Asset impairments1 1 2 2 
Exit costs17 18 28 33 
Reserve adjustments(11)(12)(38)(27)
Total net repositioning charges10 27 19 61 
Asbestos-related charges, net of insurance and reimbursements21 18 41 36 
Probable and reasonably estimable environmental liabilities, net of reimbursements8 (1)24 23 
Other charges— — — 17 
Total net repositioning and other charges$39 $44 $84 $137 
Pretax Distribution of Total Net Repositioning and Other Charges
The following table summarizes the pre-tax distribution of total net repositioning and other charges by classification in the Consolidated Statement of Operations:
 Three Months Ended June 30,Six Months Ended June 30,
 2025202420252024
Cost of products and services sold$30 $28 $67 $86 
Selling, general and administrative expenses9 16 17 34 
Other (income) expense— — — 17 
Total net repositioning and other charges$39 $44 $84 $137 
Pretax Impact of Total Net Repositioning and Other Charges by Segment
The following table summarizes the pre-tax amount of total net repositioning and other charges by reportable business segment. These amounts are excluded from segment profit as described in Note 18 Segment Financial Data:
Three Months Ended June 30,Six Months Ended June 30,
 2025202420252024
Aerospace Technologies$1 $3 $(6)$8 
Industrial Automation3 11 10 28 
Building Automation1 (4)12 — 
Energy and Sustainability Solutions1 1 1 19 
Corporate and All Other33 33 67 82 
Total net repositioning and other charges$39 $44 $84 $137 
Total Repositioning Reserves
The following table summarizes the status of the Company's repositioning reserves, excluding amounts that are included in Liabilities held for sale in the Consolidated Balance Sheet:
Severance
Costs		Asset
Impairments		Exit
Costs		Total
Balance at December 31, 2024
$178 $— $7 $185 
Charges27 2 28 57 
Usage—cash(48)— (33)(81)
Usage—noncash— (2)— (2)
Foreign currency translation1 — 1 2 
Adjustments(31)— — (31)
Balance at June 30, 2025
$127 $— $3 $130