v3.25.3
SEGMENT INFORMATION - Segment EBITDA (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Segment Reporting Information [Line Items]        
Total revenues $ 9,969 $ 8,913 $ 27,112 $ 24,376
Equipment revenues        
Segment Reporting Information [Line Items]        
Total revenues 5,880 5,290 14,971 13,101
Services revenues        
Segment Reporting Information [Line Items]        
Total revenues 4,089 3,623 12,141 11,276
Operating segments, inclusive of intersegment sales        
Segment Reporting Information [Line Items]        
Total revenues 10,087 9,025 27,443 24,657
Operating segments, inclusive of intersegment sales | Power        
Segment Reporting Information [Line Items]        
Total revenues 4,838 4,206 14,019 12,696
Operating segments, inclusive of intersegment sales | Wind        
Segment Reporting Information [Line Items]        
Total revenues 2,647 2,891 6,742 6,592
Operating segments, inclusive of intersegment sales | Electrification        
Segment Reporting Information [Line Items]        
Total revenues 2,601 1,928 6,682 5,369
Operating segments        
Segment Reporting Information [Line Items]        
Segment EBITDA 977 383 2,487 1,247
Operating segments | Equipment revenues        
Segment Reporting Information [Line Items]        
Total revenues 5,880 5,286 14,971 13,090
Operating segments | Services revenues        
Segment Reporting Information [Line Items]        
Total revenues 4,078 3,621 12,111 11,251
Operating segments | Power        
Segment Reporting Information [Line Items]        
Cost of revenues, excluding depreciation and amortization 3,663 3,186 10,482 9,638
Selling, general, and administrative expenses, excluding depreciation and amortization 436 479 1,339 1,486
Research and development expenses, excluding depreciation and amortization 139 91 371 257
Other segment items (45) (50) (104) (142)
Segment EBITDA 645 499 1,931 1,457
Operating segments | Power | Equipment revenues        
Segment Reporting Information [Line Items]        
Total revenues 1,668 1,378 4,549 3,847
Operating segments | Power | Services revenues        
Segment Reporting Information [Line Items]        
Total revenues 3,088 2,773 9,267 8,725
Operating segments | Wind        
Segment Reporting Information [Line Items]        
Cost of revenues, excluding depreciation and amortization 2,532 2,998 6,598 6,583
Selling, general, and administrative expenses, excluding depreciation and amortization 118 138 393 430
Research and development expenses, excluding depreciation and amortization 43 59 117 180
Other segment items 16 13 8 6
Segment EBITDA (61) (317) (373) (607)
Operating segments | Wind | Equipment revenues        
Segment Reporting Information [Line Items]        
Total revenues 2,194 2,488 5,386 5,375
Operating segments | Wind | Services revenues        
Segment Reporting Information [Line Items]        
Total revenues 444 391 1,329 1,191
Operating segments | Electrification        
Segment Reporting Information [Line Items]        
Cost of revenues, excluding depreciation and amortization 1,824 1,362 4,626 3,820
Selling, general, and administrative expenses, excluding depreciation and amortization 336 328 1,000 973
Research and development expenses, excluding depreciation and amortization 115 84 308 259
Other segment items (67) (47) (181) (79)
Segment EBITDA 393 201 929 396
Operating segments | Electrification | Equipment revenues        
Segment Reporting Information [Line Items]        
Total revenues 2,019 1,419 5,037 3,868
Operating segments | Electrification | Services revenues        
Segment Reporting Information [Line Items]        
Total revenues 545 457 1,515 1,335
Intersegment        
Segment Reporting Information [Line Items]        
Total revenues 130 120 361 317
Intersegment | Power        
Segment Reporting Information [Line Items]        
Total revenues 83 55 203 125
Intersegment | Wind        
Segment Reporting Information [Line Items]        
Total revenues 10 12 28 26
Intersegment | Electrification        
Segment Reporting Information [Line Items]        
Total revenues 37 52 130 166
Other revenues and elimination of intersegment revenues        
Segment Reporting Information [Line Items]        
Total revenues $ (119) $ (112) $ (330) $ (281)