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OTHER OPERATING EXPENSE (INCOME), NET
 9 Months Ended
Sep. 30, 2026
Other Income and Expenses [Abstract]  
OTHER OPERATING EXPENSE (INCOME), NET OTHER OPERATING EXPENSE (INCOME), NET
Items included in Other operating expense (income), net consist of:
Three Months Ended September 30,Nine Months Ended September 30,
(in millions)
2026202520262025
Adjustments associated with Spin-Off related balances$— $8 $1 $7 
Legal settlement— 38 — 38 
Costs to exit charging business— — — 23 
Chief Executive Officer ("CEO") transition compensation— 5 — 11 
Loss on sale of assets— 1 — 6 
Loss on sale of businesses— 1 — 2 
Merger and acquisition expense (income), net1 2 (1)4 
Other income, net(1)(3)(6)(8)
Other operating expense (income), net$— $52 $(6)$83 

Adjustments associated with Spin-Off related balances: These amounts relate primarily to adjustments for the contract manufacturing and tax matters agreements between the Company and PHINIA, unrelated to the legal settlement discussed below.

Legal settlement: The amount relates to a legal settlement, inclusive of associated fees. Refer to Note 20, “Contingencies,” to the Condensed Consolidated Financial Statements for more information.

Costs to exit charging business: The amount relates to the exit of the charging business within the Battery Energy Systems reportable segment. Refer to Note 3, “Acquisitions and Dispositions,” and Note 11, “Goodwill and Other Intangibles,” to the Condensed Consolidated Financial Statements for more information.

Chief Executive Officer ("CEO") transition compensation: These amounts relate to duplicative compensation.

Loss on sale of assets: These amounts relate to the sale of equipment from a closed facility in North America.

Loss on sale of businesses: These amounts relate to a business closure in North America, plant disposal in Asia and the sale of an operation in Europe.

Merger and acquisition expense (income), net: These amounts primarily relate to professional fees associated with specific acquisition initiatives, offset by a revision to the Company’s expected earn-out related to the Drivetek acquisition during the nine months ended September 30, 2026. Refer to Note 3, “Acquisitions and Dispositions,” to the Condensed Consolidated Financial Statements for more information.