v3.25.2
Restructuring Income/Costs (Tables)
 6 Months Ended
Jun. 30, 2025
Restructuring Charges [Abstract]  
Restructuring and related costs
Restructuring costs for the three and six months ended June 30, 2025 and 2024 were as follows:

(Millions of dollars)Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Employee separations 1
$10 $19 $27 $32 
Divestitures 1
— 228 — 164 
Contract terminations 1
— 1 4 1 
Long-lived asset impairments 1
14 — 14 7 
Other 2
35 10 47 48 
Total restructuring (income) costs$59 $258 $92 $252 
1 Recognized in Other operating (income) expenses.
2 Represents costs related to our restructuring programs, primarily for inventory write-downs, project management, equipment relocation and accelerated depreciation, all of which are primarily included in Cost of goods sold.