v3.26.1
REPORTABLE SEGMENTS - Schedule of Earnings before interest and income taxes (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Segment Reporting Information      
Segment Adjusted Operating Income (Loss) $ 336 $ 237  
Corporate, including stock-based compensation 10 14  
Restructuring expense (Note 5) 18 31  
Intangible asset amortization expense 16 17  
Accelerated depreciation 2 0  
Adjustments associated with Spin-Off related balances 2 (3)  
Impairment charges 0 39  
Costs to exit charging business 0 26  
Loss on sale of businesses 0 1  
Merger and acquisition expense, net (2) 2  
Other non-comparable items 0 2  
Equity in affiliates’ earnings, net of tax (6) (10)  
Unrealized loss on equity securities 1 0  
Interest expense, net 11 12  
Other postretirement expense 2 3  
Earnings before income taxes and noncontrolling interest 328 232  
Depreciation and amortization 145 155  
Long-lived asset expenditures 143 119  
Total assets 13,653   $ 13,769
Operating segments      
Segment Reporting Information      
Segment Adjusted Operating Income (Loss) 436 413  
Depreciation and amortization 138 148  
Long-lived asset expenditures 141 117  
Total assets 11,298   11,161
Corporate      
Segment Reporting Information      
Corporate, including stock-based compensation 64 61  
Depreciation and amortization 7 7  
Long-lived asset expenditures 2 2  
Total assets 2,355   2,608
Turbos & Thermal Technologies | Operating segments      
Segment Reporting Information      
Segment Adjusted Operating Income (Loss) 214 235  
Depreciation and amortization 40 40  
Long-lived asset expenditures 58 41  
Total assets 3,843   3,743
Drivetrain & Morse Systems | Operating segments      
Segment Reporting Information      
Segment Adjusted Operating Income (Loss) 260 243  
Depreciation and amortization 46 49  
Long-lived asset expenditures 29 24  
Total assets 3,843   3,795
PowerDrive Systems | Operating segments      
Segment Reporting Information      
Segment Adjusted Operating Income (Loss) (36) (43)  
Depreciation and amortization 46 43  
Long-lived asset expenditures 52 44  
Total assets 3,164   3,163
Battery Energy Systems | Operating segments      
Segment Reporting Information      
Segment Adjusted Operating Income (Loss) (2) (22)  
Depreciation and amortization 6 16  
Long-lived asset expenditures 2 $ 8  
Total assets $ 448   $ 460