v3.26.3
Business Segments (Tables)
 9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
Schedule of Business Segment Information
Business Segment Information
Three months ended September 30,Nine months ended September 30,
Net sales (millions)2026202520262025
Safety and Industrial$3,182 $2,917 $9,203 $8,519 
Transportation and Electronics1,999 1,992 5,913 5,752 
Consumer1,307 1,312 3,685 3,706 
Total reportable business segment net sales6,488 6,221 18,801 17,977 
Corporate96 296 313 838 
Total Company$6,584 $6,517 $19,114 $18,815 
Significant segment expenses and operating performance (millions)
Safety and Industrial
Cost of sales$1,624 $1,586 $4,837 $4,593 
Selling, general and administrative expenses464 408 1,329 1,265 
Research, development and related expenses 134 131 395 382 
Safety and Industrial operating income 960 792 2,642 2,279 
Transportation and Electronics
Cost of sales1,145 1,155 3,416 3,331 
Selling, general and administrative expenses259 239 750 734 
Research, development and related expenses 127 114 376 333 
Transportation and Electronics operating income 468 484 1,371 1,354 
Consumer
Cost of sales748 777 2,185 2,193 
Selling, general and administrative expenses226 211 633 638 
Research, development and related expenses 33 32 97 95 
Consumer operating income300 292 770 780 
Total reportable business segment operating income 1,728 1,568 4,783 4,413 
Corporate
Corporate-level (expense) income(2)17 33 89 
Corporate special items:
Net costs for significant litigation and PFAS exit(46)65 (59)(356)
Amortization and business acquisition-related costs(64)(26)(125)(78)
(Loss) gain on business divestitures — (161)(343)(164)
Manufactured PFAS products— (2)(126)(57)
Transformation costs(58)(14)(224)(14)
Total Corporate(170)(121)(844)(580)
Total Company operating income1,558 1,447 3,939 3,833 
Other expense/(income), net(112)300 271 378 
Income before income taxes$1,670 $1,147 $3,668 $3,455 
Three months ended September 30,Nine months ended September 30,
Depreciation and amortization (millions)2026202520262025
Safety and Industrial$119 $117 $362 $347 
Transportation and Electronics83 93 261 272 
Consumer37 40 119 114 
Corporate97 48 255 145 
Total$336 $298 $997 $878 
Capital expenditures (millions)
Safety and Industrial$87 $84 $284 $239 
Transportation and Electronics68 57 203 239 
Consumer16 14 47 41 
Corporate85 63 170 143 
Total$256 $218 $704 $662 
Assets (millions)September 30, 2026December 31, 2025
Business segment assets:
Inventories
Safety and Industrial$1,812 $1,636 
Transportation and Electronics1,148 1,068 
Consumer863 694 
Total business segment assets3,823 3,398 
All other current assets12,891 12,989 
Total non-current assets22,812 21,346 
Total assets$39,526 $37,733