v3.26.1
Liabilities
3 Months Ended
Mar. 31, 2026
Other Liabilities Disclosure [Abstract]  
Liabilities LIABILITIES
Accrued liabilities consisted of the following:
March 31,
2026
December 31, 2025
 (in millions)
Payroll-related obligations$426 $393 
Employee benefits, including current pension obligations103 154 
Income and other taxes payable231 240 
Warranty obligations (Note 6)85 103 
Restructuring (Note 7)110 108 
Customer deposits95 90 
Derivative financial instruments (Note 14)— 
Accrued interest95 80 
Contract liabilities (Note 20)78 84 
Operating lease liabilities142 142 
Other398 404 
Total$1,763 $1,799 
Other long-term liabilities consisted of the following:
March 31,
2026
December 31, 2025
 (in millions)
Environmental$$
Extended disability benefits
Warranty obligations (Note 6)15 19 
Restructuring (Note 7)16 14 
Payroll-related obligations12 12 
Accrued income taxes188 203 
Deferred income taxes, net257 260 
Contract liabilities (Note 20)
Other57 57 
Total$554 $576