v3.26.3
Guarantees (Tables)
9 Months Ended
Sep. 30, 2026
Guarantees and Product Warranties [Abstract]  
Schedule of Financial Guarantees As of September 30, 2026 and December 31, 2025, the following financial guarantees were outstanding:
September 30, 2026December 31, 2025
(dollars in millions)Maximum Potential PaymentCarrying Amount of LiabilityMaximum Potential PaymentCarrying Amount of Liability
Commercial aerospace financing arrangements$23 $— $106 $— 
Third party guarantees230 — 248 — 
Schedule of Product Warranties
The changes in the carrying amount of service and product warranties and product performance guarantees for the nine months ended September 30, 2026 and 2025 were as follows:
(dollars in millions)20262025
Balance as of January 1$1,035 $993 
Warranties and performance guarantees issued165 219 
Settlements(170)(208)
Other(8)6 
Balance as of September 30$1,022 $1,010