v3.25.2
REVENUE RECOGNITION (Tables)
 12 Months Ended
Dec. 31, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Sales Disaggregated by Product and Service
External segment sales disaggregated by product and service are as follows:

(In millions)202420232022
Sales Type
Product$9,428 $8,538 $8,237 
Service1,099 1,077 916 
Climate Solutions Americas sales10,527 9,615 9,153 
Product4,652 1,722 1,449 
Service332 215 182 
Climate Solutions Europe sales4,984 1,937 1,631 
Product2,849 3,053 2,197 
Service651 528 424 
Climate Solutions Asia Pacific, Middle East & Africa sales3,500 3,581 2,621 
Product3,061 3,352 3,432 
Service414 466 451 
Climate Solutions Transportation sales3,475 3,818 3,883 
Net sales$22,486 $18,951 $17,288 
Geographic external sales and operating profits are attributed to the geographic regions based on their location of origin. With the exception of the U.S. as presented in the following table, there were no individually significant countries with sales exceeding 10% of total sales for the years ended December 31, 2024, 2023 and 2022.

External SalesLong-Lived Assets
(In millions)20242023202220242023
United States Operations$11,294 $10,457 $9,997 $807 $795 
International Operations
Europe6,687 3,910 3,591 1,253 450 
Asia Pacific3,817 3,949 3,090 486 499 
Other688 635 610 453 416 
Consolidated$22,486 $18,951 $17,288 $2,999 $2,160 
Schedule of Contract with Customer, Asset and Liability
Total contract assets and liabilities consisted of the following:

(In millions)20242023
Contract assets, current (included within Other current assets)
$366 $306 
Contract assets, non-current (included within Other assets)
65 26 
Total contract assets431 332 
Contract liabilities, current (included within Accrued liabilities)
(553)(419)
Contract liabilities, non-current (included within Other long-term liabilities)
(164)(160)
Total contract liabilities (717)(579)
Net contract assets (liabilities)$(286)$(247)