v3.26.1
RESEARCH AND DEVELOPMENT COSTS (Tables)
6 Months Ended
Jun. 30, 2026
Research and Development [Abstract]
Schedule of Research and Development Costs
The following table presents the Company’s gross and net expenditures on R&D activities:
Three Months Ended June 30,
Six Months Ended June 30,
(
in millions
)
2026
2025
2026
2025
Gross R&D expenditures
$
191
$
207
$
379
$
403
Customer reimbursements
(15)
(25)
(26)
(39)
Net R&D expenditures
$
176
$
182
$
353
$
364
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