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OTHER (EXPENSE) INCOME, NET
 6 Months Ended
Jun. 30, 2026
Other Income and Expenses [Abstract]  
OTHER (EXPENSE) INCOME, NET OTHER (EXPENSE) INCOME, NET
The components of Other (expense) income, net are as follows:
Three Months Ended
June 30,		Six Months Ended
June 30,
In millions2026202520262025
Foreign currency (loss) gain$(4)$(6)$12 $(14)
Gain on mark-to-market derivatives— 32 2 32 
Equity income (expense)1 (3)3 — 
Expected return on pension assets/amortization2 3 4 5 
Other miscellaneous expense, net(1)(2)— (1)
Total Other (expense) income, net$(2)$24 $21 $22 
During 2025, in connection with the acquisitions of Frauscher and Dellner Couplers, the Company entered into foreign exchange contracts for a notional value of €1,290 million to mitigate foreign currency exposure of the purchase prices. As part of the acquisition of Frauscher in the fourth quarter of 2025, the Company utilized foreign exchange forward contracts with a notional value of €690 million. As part of the acquisition of Dellner Couplers in the first quarter of 2026, the Company utilized foreign exchange forward contracts with a notional value of €600 million. The contracts are not designated as accounting hedges under Topic 815 of ASC, and as such, the gains and losses are recorded as a component of Other income (expense), net. For the six months ended June 30, 2026, these contracts resulted in a net gain of $2 million. For the three and six months ended June 30, 2025, these contracts resulted in a net gain of $32 million.