RESTRUCTURING (Tables)

The following tables display the Company’s restructuring expense by reportable segment:


	Three Months Ended June 30, 2026
(in millions)	Turbos & Thermal Technologies		Drivetrain & Morse Systems		PowerDrive Systems		Battery Energy Systems		Corporate		Total
Employee termination benefits	$	4	$	1	$	3	$	11	$	—	$	19
Other	—		1		—		1		—		2
Total restructuring expense	$	4	$	2	$	3	$	12	$	—	$	21

	Three Months Ended June 30, 2025
(in millions)	Turbos & Thermal Technologies		Drivetrain & Morse Systems		PowerDrive Systems		Battery Energy Systems		Corporate		Total
Employee termination benefits	$	8	$	1	$	1	$	3	$	—	$	13
Other	2		—		—		2		—		4
Total restructuring expense	$	10	$	1	$	1	$	5	$	—	$	17

	Six Months Ended June 30, 2026
(in millions)	Turbos & Thermal Technologies		Drivetrain & Morse Systems		PowerDrive Systems		Battery Energy Systems		Corporate		Total
Employee termination benefits	$	10	$	2	$	3	$	15	$	2	$	32
Other	3		4		(1)		1		—		7
Total restructuring expense	$	13	$	6	$	2	$	16	$	2	$	39

	Six Months Ended June 30, 2025
(in millions)	Turbos & Thermal Technologies		Drivetrain & Morse Systems		PowerDrive Systems		Battery Energy Systems		Corporate		Total
Employee termination benefits	$	13	$	1	$	9	$	9	$	1	$	33
Other	4		1		8		2		—		15
Total restructuring expense	$	17	$	2	$	17	$	11	$	1	$	48

The following table displays rollforwards of the restructuring liability recorded within the Company’s Condensed Consolidated Balance Sheets and the related cash flow activity:


(in millions)	Employee Termination Benefits		Other		Total
Balance at January 1, 2026	$	42	$	12	$	54
Restructuring expense, net	32		7		39
Cash payments	(39)		(11)		(50)
Foreign currency translation adjustment and other	(2)		—		(2)
Balance at June 30, 2026	33		8		41
Less: Non-current restructuring liability	4		—		4
Current restructuring liability at June 30, 2026	$	29	$	8	$	37