v3.26.3
SUPPLEMENTARY FINANCIAL STATEMENT INFORMATION (Tables)
 9 Months Ended
Sep. 30, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Inventory
The following table presents the detail of our Inventories on the Statements of Unaudited Condensed Consolidated Financial Position:
(In millions)September 30,
2026		December 31,
2025
Product inventories
Finished and semi-finished goods$2,389 $2,401 
Raw materials1,780 1,848 
Total product inventories4,169 4,249 
Manufacturing supplies and critical spares525 523 
Inventories$4,694 $4,772 
Schedule of Restructuring Reserve by Type of Cost
The following table represents a reconciliation of our accrued liabilities related to the discontinuation of certain product lines resulting from the indefinite idling of our Steelton rail production facility and Weirton tinplate production facility:
(In millions)Employee-Related CostsExit CostsTotal
Balance as of December 31, 2025
$70 $8 $78 
Cash payments(13)(1)(14)
Balance as of March 31, 2026
$57 $7 $64 
Costs incurred1
2 1 3 
Cash payments(12)(1)(13)
Balance as of June 30, 2026
$47 $7 $54 
Costs incurred2
(1)2 1 
Cash payments(12)(3)(15)
Balance as of September 30, 2026
$34 $6 $40 
1 All $3 million of cost incurred was recorded in Restructuring and other charges.
2 All $1 million of cost incurred was recorded in Restructuring and other charges.
Schedule of Supplemental Cash Flow Information
A reconciliation of capital additions to cash paid for capital expenditures is as follows:
Nine Months Ended
September 30,
(In millions)20262025
Capital additions$523 $488 
Less:
Non-cash accruals14 (72)
Equipment financed with seller12 60 
Right-of-use assets - finance leases36 79 
Cash paid for capital expenditures including deposits$461 $421 
Cash payments (receipts) for income taxes and interest are as follows:
Nine Months Ended
September 30,
(In millions)20262025
Income taxes paid$5 $5 
Income tax refunds(6)(18)
Interest paid on debt obligations net of capitalized interest1
411 341 
1 Capitalized interest was $11 million for both the nine months ended September 30, 2026 and 2025.