v3.26.1
Guarantees (Tables)
6 Months Ended
Jun. 30, 2026
Guarantees and Product Warranties [Abstract]  
Schedule of Financial Guarantees As of June 30, 2026 and December 31, 2025, the following financial guarantees were outstanding:
June 30, 2026December 31, 2025
(dollars in millions)Maximum Potential PaymentCarrying Amount of LiabilityMaximum Potential PaymentCarrying Amount of Liability
Commercial aerospace financing arrangements$45 $ $106 $— 
Third party guarantees230  248 — 
Schedule of Product Warranties
The changes in the carrying amount of service and product warranties and product performance guarantees for the six months ended June 30, 2026 and 2025 were as follows:
(dollars in millions)20262025
Balance as of January 1$1,035 $993 
Warranties and performance guarantees issued118 152 
Settlements(113)(108)
Other(3)
Balance as of June 30$1,037 $1,044