v3.26.1
Restructuring (Tables)
3 Months Ended
Mar. 31, 2026
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring and Related Costs
The related restructuring charges for periods presented were recorded in the consolidated statements of income as follows:
Three months ended March 31,
(Millions)20262025
Cost of product$$— 
Cost of software and rentals— — 
Selling, general and administrative expenses34 — 
Research and development expenses— 
Total operating income impact$37 $— 
The related restructuring charges for periods presented were recorded in the consolidated statements of income as follows:
Three months ended March 31,
(Millions)20262025
Cost of product$— $10 
Cost of software and rentals— — 
Selling, general and administrative expenses
Research and development expenses— 
Total operating income impact$$18 
Schedule of Restructuring Reserve by Type of Cost
Restructuring actions, including cash and non-cash impacts, are as follows:
(Millions)Employee Termination BenefitsOther Restructuring-relatedTotal
Expense incurred in 2025$42 $11 $53 
Non-cash changes(4)— (4)
Cash payments(4)(7)(11)
Accrued liabilities as of December 31, 2025$34 $$39 
Expense incurred in 2026$$35 $37 
Non-cash changes— 
Cash payments(16)(6)(22)
Accrued liabilities as of March 31, 2026$22 $34 $56 
Restructuring actions, including cash and non-cash impacts, are as follows:
(Millions)Employee Termination Benefits and Other
Accrued liabilities as of December 31, 2024$53 
Expense incurred in 202527 
Non-cash changes(4)
Cash payments(67)
Accrued liabilities as of December 31, 2025$
Expense incurred in 2026$
Cash payments(6)
Accrued liabilities as of March 31, 2026$