v3.25.4
COMMITMENTS AND CONTINGENCIES (Tables)
12 Months Ended
Dec. 31, 2025
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Changes in Total Product Warranty Reserves The following table summarizes the changes in total product warranty reserves for the periods presented:
Product Warranty
Millions of dollars20252024
Balance at January$196 $206 
Issuances/accruals during the period218 235 
Settlements made during the period/other(214)(245)
  Liabilities derecognized upon India deconsolidation(49)— 
Balance at December 31$151 $196 
Current portion$130 $136 
Non-current portion20 60 
Total$151 $196 
Schedule of Purchase Obligations
Our expected cash outflows resulting from non-cancellable purchase obligations are summarized by year in the table below.
Millions of dollars 
2026$166 
2027126 
2028101 
202944 
2030
Thereafter37 
Total purchase obligations$481