v3.26.3
Impairments and Other Charges (Credits) (Tables)
9 Months Ended
Sep. 30, 2026
Restructuring and Related Activities [Abstract]  
Impairments and Other Charges The following table presents various pre-tax charges we recorded during the three and nine months ended
September 30, 2026 and 2025, which are reflected within “Impairments and other charges” on our Condensed Consolidated
Statements of Operations.
Three Months Ended
Nine Months Ended
September 30,
September 30,
Millions of dollars
2026
2025
2026
2025
Severance costs
$107
$169
$107
$276
Inventory costs and write-downs
25
—
25
—
Fixed and other assets write-offs
14
115
14
115
Impairment of assets held for sale
—
96
—
200
Loss on sale of a business
—
—
17
—
Impairment of real estate facilities
—
—
—
53
Cybersecurity incident
—
(10)
—
(10)
Gain on investments
(36)
(6)
(100)
(6)
Other
(3)
28
(51)
120
Total impairments and other charges
$107
$392
$12
$748