v3.26.1
REPOSITIONING AND OTHER CHARGES (Tables)
 6 Months Ended
Jun. 30, 2026
Restructuring and Related Activities [Abstract]  
Schedule of Repositioning and Other Charges
A summary of net repositioning and other charges follows:
Three Months Ended June 30,Six Months Ended June 30,
 2026202520262025
Severance$7 $3 $43 $27 
Asset impairments49 1 52 2 
Exit costs15 17 26 28 
Reserve adjustments(7)(11)(15)(40)
Total net repositioning charges64 10 106 17 
Asbestos-related charges, net of insurance and reimbursements1 21 2 41 
Probable and reasonably estimable environmental liabilities, net of reimbursements26 8 51 24 
Total net repositioning and other charges
$91 $39 $159 $82 
Schedule of Pretax Distribution of Total Net Repositioning and Other Charges
The following table summarizes the pre-tax distribution of total net repositioning and other charges by classification in the Consolidated Statement of Operations:
 Three Months Ended June 30,Six Months Ended June 30,
 2026202520262025
Cost of products and services sold$80 $30 $128 $65 
Selling, general and administrative expenses11 9 31 17 
Total net repositioning and other charges
$91 $39 $159 $82 
Schedule of Pretax Impact of Total Net Repositioning and Other Charges by Segment
The following table summarizes the pre-tax amount of total net repositioning and other charges by reportable business segment. These amounts are excluded from segment profit as described in Note 18 Segment Financial Data:
Three Months Ended June 30,Six Months Ended June 30,
 2026202520262025
Aerospace Technologies$— $1 $1 $(6)
Building Automation5 1 10 12 
Process Automation and Technology49 (5)65 (10)
Industrial Automation7 9 10 20 
Corporate and All Other30 33 73 66 
Total net repositioning and other charges
$91 $39 $159 $82 
Schedule of Total Repositioning Reserves
The following table summarizes the status of the Company’s repositioning reserves, excluding amounts included in Liabilities held for sale in the Consolidated Balance Sheet:
Severance
Costs		Asset
Impairments		Exit
Costs		Total
Balance at December 31, 2025
$170 $— $2 $172 
Charges43 52 26 121 
Usage—cash(64)— (27)(91)
Usage—noncash— (52)— (52)
Foreign currency translation1 — — 1 
Adjustments(7)— — (7)
Balance at June 30, 2026
$143 $— $1 $144