v3.26.3
Product-Related Liabilities (Tables)
9 Months Ended
Sep. 30, 2026
Product Warranties Disclosures [Abstract]  
Schedule of Change in Balance Sheet Position of Product-Related Liabilities

The table below summarizes the change in the balance sheet position of the product-related liabilities (dollars in millions). The reserve for product-related liabilities is included in accrued liabilities and other non-current liabilities on the Condensed Consolidated Balance Sheets. The Company’s product-related liabilities as of September 30, 2026 are partly covered by insurance. Insurance receivables are included within other current assets and other non-current assets on the Condensed Consolidated Balance Sheets. As of September 30, 2026, the Company had total insurance receivables of $8 million.

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Reserve at beginning of the period

 

$

82

 

 

$

69

 

 

$

87

 

 

$

65

 

Net change in reserve

 

 

8

 

 

 

25

 

 

 

31

 

 

 

40

 

Cash payments

 

 

(9

)

 

 

(9

)

 

 

(35

)

 

 

(23

)

Translation difference

 

 

0

 

 

 

(0

)

 

 

(1

)

 

 

3

 

Reserve at end of the period

 

$

82

 

 

$

85

 

 

$

82

 

 

$

85