v3.25.2
Liabilities (Tables)
 6 Months Ended
Jun. 30, 2025
Other Liabilities Disclosure [Abstract]  
Accrued Liabilities
Accrued liabilities consisted of the following:
June 30,
2025		December 31,
2024
 (in millions)
Payroll-related obligations$393 $344 
Employee benefits, including current pension obligations95 143 
Income and other taxes payable191 187 
Warranty obligations (Note 6)85 62 
Restructuring (Note 7)112 102 
Customer deposits92 132 
Derivative financial instruments (Note 14)2 76 
Accrued interest69 90 
Dividends payable22 — 
Contract liabilities (Note 20)96 111 
Operating lease liabilities136 124 
Other387 381 
Total$1,680 $1,752 
Liabilities, Noncurrent
Other long-term liabilities consisted of the following:
June 30,
2025		December 31,
2024
 (in millions)
Environmental$2 $3 
Extended disability benefits3 3 
Warranty obligations (Note 6)26 12 
Restructuring (Note 7)19 16 
Payroll-related obligations11 9 
Accrued income taxes150 165 
Deferred income taxes, net298 290 
Contract liabilities (Note 20)25 13 
Derivative financial instruments (Note 14)— 39 
Other76 63 
Total$610 $613