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RESTRUCTURING COSTS
 6 Months Ended
Jun. 30, 2026
Restructuring and Related Activities [Abstract]  
RESTRUCTURING COSTS RESTRUCTURING COSTS
The Company incurs costs associated with restructuring initiatives intended to improve operating performance, profitability and working capital levels. Actions associated with these initiatives may include improving productivity, workforce reductions and the consolidation of facilities. Due to the size, nature and frequency of these discrete plans, they are fundamentally different from the Company's ongoing productivity actions.

The Company recorded net pre-tax restructuring costs for new and ongoing restructuring initiatives as follows:

Three Months Ended
 June 30,		Six Months Ended
June 30,
(In millions)2026202520262025
Climate Solutions Americas$— $1 $3 $4 
Climate Solutions Europe3 26 89 26 
Climate Solutions Asia Pacific, Middle East & Africa4 7 7 8 
Climate Solutions Transportation2 1 4 2 
Total Segment9 35 103 40 
Corporate and other(1)12 13 15 
Total restructuring costs (1)
$8 $47 $116 $55 
Cost of sales$1 $8 $45 $10 
Selling, general and administrative7 39 71 45 
Total restructuring costs (1)
$8 $47 $116 $55 
(1) Restructuring costs include period-related charges.

The following table summarizes changes in the restructuring reserve, included in Accrued liabilities on the accompanying Unaudited Condensed Consolidated Balance Sheet:

Six Months Ended
June 30,
(In millions)20262025
Balance as of January 1,$102 $69 
Net pre-tax restructuring costs105 44 
Utilization, foreign exchange and other(96)(37)
Balance as of June 30,$111 $76 

As of June 30, 2026, the Company had $111 million accrued for costs associated with its announced restructuring initiatives. The balance relates to cost reduction efforts, primarily severance related across each of the Company's segments. The Company expects a majority of the balance to be utilized within 12 months.