v3.26.1
Restructuring (Tables)
 6 Months Ended
Jun. 30, 2026
Restructuring and Related Activities [Abstract]  
Schedule of restructuring expense
The following table summarizes the cumulative restructuring charges recognized in operating income under the Company's restructuring plans, including the JBT Marel 2025 Integration restructuring plan, from the date the plan was initiated through June 30, 2026.:
Cumulative Amount
During the Quarter Ended
Cumulative Amount
(In millions)Balance as of December 31, 2025March 31, 2026June 30, 2026Balance as of June 30, 2026
Severance and related expense, net of release$29 $(2)$12 $39 
Gain on sale of building
— (1)— (1)
Other2 1 — 3 
Total restructuring charges, net$31 $(2)$12 $41 
Schedule of restructuring reserve by type of cost
The following table details the restructuring liability balance for the JBT Marel 2025 Integration restructuring plan, recorded in Other current liabilities on the Condensed Consolidated Balance Sheets, for the six months ended June 30, 2026:

Impact to Earnings
(In millions)Balance as of December 31, 2025Charged to Earnings
Releases(1)
Cash PaymentsBalance as of June 30, 2026
Severance and related $16 $15 $(5)$(8)$18 
Total$16 $15 $(5)$(8)$18 
(1) Includes reductions of severance liabilities resulting from revisions to estimated severance payments and employee attrition.