RESTRUCTURING (Tables)

6 Months Ended

Jun. 30, 2026

The following provides the charges related to restructuring initiatives by type of cost:


	Three Months Ended June 30,				Six Months Ended June 30,
Dollars in millions	2026		2025		2026		2025
2023 Restructuring Plan	$	(49)	$	231	$	(69)	$	374
Other Acquisition Plans	17		48		39		95
Total charges	$	(32)	$	279	$	(31)	$	469

Employee termination costs	$	48	$	220	$	46	$	352
Other termination costs	8		3		14		4
Provision for restructuring	56		223		61		356
Integration expenses	17		32		36		74
Accelerated depreciation	—		12		—		27
Asset impairments	1		10		3		18
Other shutdown (income)/expense, net	(106)		2		(130)		(5)
Total charges	$	(32)	$	279	$	(31)	$	469

Cost of products sold	$	2	$	3	$	2	$	5
Selling, general and administrative	—		3		—		5
Research and development	3		18		5		39
Other (income)/expense, net	(37)		255		(38)		421
Total charges	$	(32)	$	279	$	(31)	$	469

The following summarizes the charges and spending related to restructuring plan activities:


	Six Months Ended June 30,
Dollars in millions	2026		2025
Beginning balance	$	315	$	297
Provision for restructuring	61		356
Payments	(221)		(310)
Foreign currency translation and other	(4)		10
Ending balance	$	150	$	353