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OTHER INCOME (EXPENSE) - NET
 6 Months Ended
Jun. 30, 2026
Other Income and Expenses [Abstract]  
OTHER INCOME (EXPENSE) - NET OTHER INCOME (EXPENSE) – NET
Three months ended June 30
Six months ended June 30
2026
2025
2026
2025
Equity method investment income (loss) (Note 11)
$7
$67
$72
$127
Net interest and investment income (loss)(a)
28
17
292
33
Gains (losses) on purchases and sales of business interests(b)
22
1
4,428
22
Derivative instruments (Note 20)
(2)
7
4
9
Licensing income
9
3
18
7
Other – net
14
20
28
35
Total other income (expense) – net
$80
$115
$4,842
$234
(a) Includes financial interest related to our normal business operations primarily with customers. Includes a pre-tax realized gain of
$13 million and $264 million related to the sale of our remaining shares in China XD Electric Co., Ltd in the three and six months ended
June 30, 2026, respectively. See Note 10 for further information.
(b) Includes a pre-tax gain of $3,992 million related to the acquisition of the remaining 50% stake in Prolec GE from Xignux as a result of
the remeasurement of our previously held equity interest to fair value, a pre-tax gain of $330 million related to the sale of our Proficy
business in our Electrification segment, and a pre-tax gain of $86 million related to the sale of an equity method investment at our
Financial Services business in the six months ended June 30, 2026. See Notes 3, 8, and 11 for further information.