v3.26.1
Contingencies and Commitments
3 Months Ended
Mar. 31, 2026
Commitments and Contingencies Disclosure [Abstract]  
Contingencies and Commitments CONTINGENCIES AND COMMITMENTS
We are involved in various ongoing proceedings, legal actions
and claims arising in the normal course of business, including
proceedings related to product, labor, tax, intellectual property
and other matters. The outcomes of these matters will generally
not be known for prolonged periods of time. In certain of the legal
proceedings the claimants seek damages as well as other
compensatory and equitable relief that could result in the
payment of significant claims and settlements and/or the
imposition of injunctions or other equitable relief. For legal
matters for which management had sufficient information to
reasonably estimate our future obligations, a liability representing
management's best estimate of the probable loss, or the
minimum of the range of probable losses when a best estimate
within the range is not known, is recorded. The estimates are
based on consultation with legal counsel, previous settlement
experience and settlement strategies. If actual outcomes are less
favorable than those estimated by management, additional
expense may be incurred, which could unfavorably affect future
operating results. We are self-insured for certain claims and
expenses. The ultimate cost to us with respect to product liability
claims could be materially different than the amount of the current
estimates and accruals and could have a material adverse effect
on our financial position, results of operations and cash flows.
Leases
March 31
December 31
2026
2025
Right-of-use assets
$529
$519
Lease liabilities, current
$161
$153
Lease liabilities, non-current
$350
$348
Other information:
Weighted-average remaining lease term (years)
4.7
5.0
Weighted-average discount rate
3.77%
3.77%
Three Months
2026
2025
Operating lease cost
$56
$53
Other Contractual Obligations and Commitments
Our outstanding balances of confirmed invoices in the supplier
financing program were $70 and $75 at March 31, 2026 and
December 31, 2025 and are included within accounts payable in
our Consolidated Balance Sheets.