v3.26.1
RESTRUCTURING COSTS (Tables)
6 Months Ended
Jun. 30, 2026
Restructuring and Related Activities [Abstract]  
Schedule of Net Pre-Tax Restructuring Costs
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$— $$$
Climate Solutions Europe26 89 26 
Climate Solutions Asia Pacific, Middle East & Africa
Climate Solutions Transportation
Total Segment35 103 40 
Corporate and other(1)12 13 15 
Total restructuring costs (1)
$8 $47 $116 $55 
Cost of sales$$$45 $10 
Selling, general and administrative39 71 45 
Total restructuring costs (1)
$8 $47 $116 $55 
(1) Restructuring costs include period-related charges.
Schedule of Reserve and Charges Relating to Restructuring Reserve
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