Restructuring Income/Costs (Tables)

6 Months Ended

Jun. 30, 2026

Restructuring costs for the three and six months ended June 30, 2026 and 2025 were as follows:



(Millions of dollars)	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
Employee separations 1	$	34	$	10	$	69	$	27
Divestitures 1	139		—		139		—



Other 2	29		49		35		65
Total restructuring (income) costs	$	202	$	59	$	243	$	92


1 Recognized in Other operating (income) expenses.
2 Represents costs related to our restructuring programs, primarily for inventory write-downs and project management, which are primarily recognized in Cost of goods sold, and long-lived asset impairments, which are recognized in Other operating (income) expenses.