v3.25.3
REPOSITIONING AND OTHER (GAINS) CHARGES (Tables)
 9 Months Ended
Sep. 30, 2025
Restructuring and Related Activities [Abstract]  
Repositioning and Other Charges
A summary of net repositioning and other (gains) charges follows:
Three Months Ended September 30,Nine Months Ended September 30,
 2025202420252024
Severance$40 $38 $67 $91 
Asset impairments2 3 4 5 
Exit costs16 15 44 48 
Reserve adjustments(11)(28)(49)(55)
Total net repositioning charges47 28 66 89 
Asbestos-related charges, net of insurance and reimbursements169 18 210 54 
Probable and reasonably estimable environmental liabilities, net of reimbursements219 6 243 29 
Gain on Resideo indemnification and reimbursement agreement termination1
(802)— (802)— 
Other charges— — — 17 
Total net repositioning and other (gains) charges$(367)$52 $(283)$189 
1
Refer to Note 15 Commitments and Contingencies for further discussion of the gain related to the Resideo indemnification and reimbursement agreement termination.
Pretax Distribution of Total Net Repositioning and Other Charges
The following table summarizes the pre-tax distribution of total net repositioning and other (gains) charges by classification in the Consolidated Statement of Operations:
 Three Months Ended September 30,Nine Months Ended September 30,
 2025202420252024
Cost of products and services sold$395 $23 $462 $109 
Selling, general and administrative expenses40 29 57 63 
Other (income) expense(802)— (802)17 
Total net repositioning and other (gains) charges$(367)$52 $(283)$189 
Pretax Impact of Total Net Repositioning and Other Charges by Segment
The following table summarizes the pre-tax amount of total net repositioning and other (gains) charges by reportable business segment. These amounts are excluded from segment profit as described in Note 18 Segment Financial Data:
Three Months Ended September 30,Nine Months Ended September 30,
 2025202420252024
Aerospace Technologies$1 $(7)$(5)$1 
Industrial Automation21 21 31 49 
Building Automation5 1 17 1 
Energy and Sustainability Solutions5 1 6 20 
Corporate and All Other(399)36 (332)118 
Total net repositioning and other (gains) charges$(367)$52 $(283)$189 
Total Repositioning Reserves
The following table summarizes the status of the Company's repositioning reserves, excluding amounts included in Liabilities held for sale in the Consolidated Balance Sheet:
Severance
Costs		Asset
Impairments		Exit
Costs		Total
Balance at December 31, 2024
$178 $— $7 $185 
Charges67 4 44 115 
Usage—cash(68)— (49)(117)
Usage—noncash— (4)— (4)
Foreign currency translation2 — — 2 
Adjustments(41)— — (41)
Balance at September 30, 2025
$138 $— $2 $140