RESTRUCTURING (Tables)

The following tables display the Company’s restructuring expense by reportable segment:


	Three Months Ended September 30, 2026
(in millions)	Turbos & Thermal Technologies		Drivetrain & Morse Systems		PowerDrive Systems		Battery Energy Systems		Corporate		Total
Employee termination benefits	$	8	$	10	$	24	$	1	$	2	$	45
Other	—		3		2		—		—		5
Total restructuring expense	$	8	$	13	$	26	$	1	$	2	$	50

	Three Months Ended September 30, 2025
(in millions)	Turbos & Thermal Technologies		Drivetrain & Morse Systems		PowerDrive Systems		Battery Energy Systems		Corporate		Total
Employee termination benefits	$	5	$	—	$	10	$	4	$	—	$	19
Other	—		1		2		1		—		4
Total restructuring expense	$	5	$	1	$	12	$	5	$	—	$	23

	Nine Months Ended September 30, 2026
(in millions)	Turbos & Thermal Technologies		Drivetrain & Morse Systems		PowerDrive Systems		Battery Energy Systems		Corporate		Total
Employee termination benefits	$	18	$	12	$	27	$	16	$	4	$	77
Other	3		7		1		1		—		12
Total restructuring expense	$	21	$	19	$	28	$	17	$	4	$	89

	Nine Months Ended September 30, 2025
(in millions)	Turbos & Thermal Technologies		Drivetrain & Morse Systems		PowerDrive Systems		Battery Energy Systems		Corporate		Total
Employee termination benefits	$	18	$	1	$	19	$	13	$	1	$	52
Other	4		2		10		3		—		19
Total restructuring expense	$	22	$	3	$	29	$	16	$	1	$	71

The following table displays a rollforward of the restructuring liability recorded within the Condensed Consolidated Balance Sheets and the related cash flow activity:


(in millions)	Employee Termination Benefits		Other		Total
Balance at January 1, 2026	$	42	$	12	$	54
Restructuring expense, net	77		12		89
Cash payments	(54)		(17)		(71)
Foreign currency translation adjustment and other	(1)		—		(1)
Balance at September 30, 2026	64		7		71
Less: Non-current restructuring liability	4		—		4
Current restructuring liability at September 30, 2026	$	60	$	7	$	67