v3.25.4
RESTRUCTURING (Tables)
12 Months Ended
Dec. 31, 2025
Restructuring Charges [Abstract]  
Schedule of Charges Related to Restructuring Initiatives by Type of Cost
The following provides the charges related to restructuring initiatives by type of cost:
Year Ended December 31,
Dollars in millions202520242023
2023 Restructuring Plan$747 $603 $442 
Other Acquisition Plans
179 528 335 
Total charges$926 $1,131 $777 
Employee termination costs$548 $623 $350 
Other termination costs15 12 15 
Provision for restructuring563 635 365 
Integration expenses147 284 242 
Accelerated depreciation44 76 42 
Asset impairments
161 103 126 
Other shutdown costs, net12 33 
Total charges$926 $1,131 $777 
Cost of products sold$127 $113 $64 
Selling, general and administrative43 50 94 
Research and development56 49 12 
Other (income)/expense, net701 919 607 
Total charges$926 $1,131 $777 
Summary of Charges and Spending Related to Restructuring Plan Activities
The following summarizes the charges and spending related to restructuring plan activities:
Year Ended December 31,
Dollars in millions20252024
Beginning balance
$297 $188 
Provision for restructuring
563 635 
Payments(558)(520)
Foreign currency translation and other12 (6)
Ending balance$315 $297