v3.25.2
Restructuring (Tables)
6 Months Ended
Jun. 30, 2025
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring and Related Costs
The following table summarizes the restructuring charges recorded for the three and six months ended June 30, 2025 and 2024 by operating segment:
 Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
 (in millions)
Electrical Distribution Systems$25 $35 $41 $50 
Engineered Components Group17 19 32 26 
Advanced Safety and User Experience10 16 16 33 
Total$52 $70 $89 $109 
Schedule of Restructuring Reserve by Type of Cost
The table below summarizes the activity in the restructuring liability for the six months ended June 30, 2025:
Employee Termination Benefits LiabilityOther Exit Costs LiabilityTotal
 (in millions)
Accrual balance at January 1, 2025$118 $— $118 
Provision for estimated expenses incurred during the period89 — 89 
Payments made during the period(87)— (87)
Foreign currency and other11 — 11 
Accrual balance at June 30, 2025$131 $— $131