v3.26.1
Segment Financial Data (Details)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
USD ($)
Jun. 30, 2025
USD ($)
Jun. 30, 2026
USD ($)
segment
Jun. 30, 2025
USD ($)
Segment Reporting [Line Items]        
Number of operating segments | segment     2  
Number of reportable segments | segment     2  
Net sales $ 3,859 $ 3,595 $ 7,425 $ 6,945
Costs and expenses:        
Selling, general and administrative 520 499 1,030 963
Other including research and development (2) (5) 3 (94)
Total segment operating profit 575 547 1,114 958
Non-service pension cost (benefit) 2 0 2 0
Interest expense (income), net 26 26 85 71
Net income before income taxes 547 521 1,027 887
Operating segments        
Segment Reporting [Line Items]        
Net sales 3,859 3,595 7,425 6,945
Costs and expenses:        
Cost of sales 2,720 2,501 5,201 4,826
Selling, general and administrative 461 411 914 803
Other including research and development 39 37 77 67
Total segment operating profit 639 646 1,233 1,249
Operating segments | New Equipment        
Segment Reporting [Line Items]        
Net sales 1,279 1,276 2,428 2,439
Costs and expenses:        
Cost of sales 1,080 1,061 2,036 2,023
Selling, general and administrative 132 119 261 229
Other including research and development 27 28 53 53
Total segment operating profit 40 68 78 134
Operating segments | Service        
Segment Reporting [Line Items]        
Net sales 2,580 2,319 4,997 4,506
Costs and expenses:        
Cost of sales 1,640 1,440 3,165 2,803
Selling, general and administrative 329 292 653 574
Other including research and development 12 9 24 14
Total segment operating profit 599 578 1,155 1,115
Corporate and Unallocated | General corporate expenses and other        
Costs and expenses:        
Total segment operating profit 52 34 96 77
Corporate and Unallocated | UpLift        
Costs and expenses:        
Total segment operating profit 0 25 0 45
Corporate and Unallocated | Other        
Costs and expenses:        
Total segment operating profit 11 12 18 35
Corporate and Unallocated | UpLift transformation costs        
Costs and expenses:        
Total segment operating profit 0 18 0 41
Corporate and Unallocated | Separation-related adjustments        
Costs and expenses:        
Total segment operating profit 0 9 5 61
Corporate and Unallocated | Litigation-related settlement costs        
Costs and expenses:        
Total segment operating profit     0 21
Corporate and Unallocated | Held for sale impairment        
Costs and expenses:        
Total segment operating profit     0 10
Corporate and Unallocated | Other, net        
Costs and expenses:        
Total segment operating profit $ 1 $ 1 $ 0 $ 1