Unusual or Infrequently Occurring Items |
6 Months Ended |
|---|---|
Jun. 30, 2025 | |
| Unusual or Infrequent Items, or Both [Abstract] | |
| Separation of Electrical Distribution Systems | SEPARATION OF ELECTRICAL DISTRIBUTION SYSTEMS On January 22, 2025, the Company announced its intention to pursue a separation of its Electrical Distribution Systems business into a new, independent publicly traded company, through a transaction expected to be treated as a tax-free spin-off to its shareholders (the “Separation”). The Company plans to complete the Separation by March 31, 2026, subject to customary closing conditions. During the three and six months ended June 30, 2025, the Company incurred costs of $28 million and $47 million, respectively, related to the Separation. These costs, which are included in selling, general and administrative expense within the consolidated statements of operations, were primarily related to third-party professional fees associated with planning the Separation.
|