v3.26.3
Repositioning and Other Charges (Tables)
 9 Months Ended
Sep. 30, 2026
Restructuring and Related Activities [Abstract]  
Schedule of Repositioning and Other Charges
A summary of net repositioning and other charges follows:
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
Severance$8 $40 $50 $67 
Asset impairments2 2 53 4 
Exit costs6 16 29 42 
Reserve adjustments(5)(11)(15)(42)
Total net repositioning charges11 47 117 71 
Asbestos-related charges, net of insurance and reimbursements— 169 2 210 
Probable and reasonably estimable environmental liabilities, net of reimbursements6 5 14 5 
Gain on Resideo indemnification and reimbursement agreement termination1
— (802)— (802)
Total net repositioning and other charges
$17 $(581)$133 $(516)
1
Refer to Note 15 Commitments and Contingencies for further discussion of the gain related to the Resideo indemnification and reimbursement agreement termination.
Schedule of Pretax Distribution of Total Net Repositioning and Other Charges
The following table summarizes the pre-tax distribution of total net repositioning and other charges by classification in the Consolidated Statement of Operations:
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
Cost of products and services sold$15 $181 $100 $228 
Selling, general and administrative expenses2 40 33 58 
Other (income) expense— (802)— (802)
Total net repositioning and other charges
$17 $(581)$133 $(516)
Schedule of Pretax Impact of Total Net Repositioning and Other Charges by Segment
The following table summarizes the pre-tax amount of total net repositioning and other charges by reportable business segment. These amounts are excluded from segment profit as described in Note 18 Segment Financial Data:
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
Building Automation$2 $5 $12 $17 
Process Automation and Technology1 9 66 (1)
Industrial Automation9 17 19 38 
Corporate and All Other5 (612)36 (570)
Total net repositioning and other charges
$17 $(581)$133 $(516)
Schedule of Total Repositioning Reserves
The following table summarizes the status of the Company’s repositioning reserves, excluding amounts included in Liabilities held for sale in the Consolidated Balance Sheet:
Severance
Costs		Asset
Impairments		Exit
Costs		Total
Balance at December 31, 2025
$152 $— $3 $155 
Charges50 53 29 132 
Usage—cash(84)— (31)(115)
Usage—noncash— (53)— (53)
Foreign currency translation1 — — 1 
Adjustments15 — 2 17 
Balance at September 30, 2026
$134 $— $3 $137