v3.26.1
Business Segments (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Business Segment Information
Business Segment Information
Three months ended June 30,Six months ended June 30,
Net sales (millions)2026202520262025
Safety and Industrial$3,091 $2,857 $6,021 $5,602 
Transportation and Electronics2,066 1,944 3,914 3,760 
Consumer1,247 1,270 2,378 2,394 
Total reportable business segment net sales6,404 6,071 12,313 11,756 
Corporate96 273 217 542 
Total Company$6,500 $6,344 $12,530 $12,298 
Significant segment expenses and operating performance (millions)
Safety and Industrial
Cost of sales$1,642 $1,537 $3,213 $3,007 
Selling, general and administrative expenses459 455 911 906 
Research, development and related expenses 131 127 262 252 
Safety and Industrial operating income 859 738 1,635 1,437 
Transportation and Electronics
Cost of sales1,176 1,110 2,271 2,176 
Selling, general and administrative expenses259 245 492 496 
Research, development and related expenses 128 110 249 219 
Transportation and Electronics operating income 503 479 902 869 
Consumer
Cost of sales750 748 1,437 1,417 
Selling, general and administrative expenses212 223 408 427 
Research, development and related expenses 33 31 64 63 
Consumer operating income252 268 469 487 
Total reportable business segment operating income 1,614 1,485 3,006 2,793 
Corporate
Corporate-level (expense) income1 22 35 72 
Corporate special items:
Net costs for significant litigation and PFAS exit(183)(347)(13)(421)
Business acquisition-related costs(12)— (12)— 
(Loss) gain on business divestitures (336)(3)(343)(3)
Manufactured PFAS products— (17)(126)(55)
Transformation costs(100)— (166)— 
Total Corporate(630)(345)(625)(407)
Total Company operating income984 1,140 2,381 2,386 
Other expense/(income), net(136)217 383 78 
Income before income taxes$1,120 $923 $1,998 $2,308 
Three months ended June 30,Six months ended June 30,
Depreciation and amortization (millions)2026202520262025
Safety and Industrial$146 $141 $290 $280 
Transportation and Electronics91 92 179 180 
Consumer43 36 83 75 
Corporate55 21 109 45 
Total$335 $290 $661 $580 
Capital expenditures (millions)
Safety and Industrial$112 $77 $197 $155 
Transportation and Electronics77 104 135 182 
Consumer20 16 31 27 
Corporate14 11 85 80 
Total$223 $208 $448 $444 
Assets (millions)June 30, 2026December 31, 2025
Business segment assets:
Inventories
Safety and Industrial$1,664 $1,636 
Transportation and Electronics1,080 1,068 
Consumer788 694 
Total business segment assets3,532 3,398 
All other current assets10,580 12,989 
Total non-current assets20,812 21,346 
Total assets$34,924 $37,733