CURRENT AND ALL OTHER ASSETS |
9 Months Ended |
|---|---|
Sep. 30, 2025 | |
| Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] | |
| CURRENT AND ALL OTHER ASSETS | CURRENT AND ALL OTHER ASSETS. All other current assets primarily include investment securities, prepaid taxes and deferred charges and derivative instruments (see Note 19). All other current assets increased $370 million for the nine months ended September 30, 2025 primarily due to an increase in investment securities as a result of the reclassification of China XD Electric Co., Ltd from equity method investments (see Note 11). The fair value of our investment in China XD Electric Co., Ltd was $340 million as of September 30, 2025, which is considered to be Level 1. All other assets primarily include pension surplus, long-term receivables (see Note 4), taxes receivable, and prepaid taxes and deferred charges. All other assets increased $643 million in the nine months ended September 30, 2025 primarily due to increases in long-term receivables and pension surplus.
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