v3.26.3
RESEARCH AND DEVELOPMENT COSTS (Tables)
9 Months Ended
Sep. 30, 2026
Research and Development [Abstract]
Schedule of Research and Development Costs
The following table presents the Company’s gross and net expenditures on R&D activities:
Three Months Ended September 30,
Nine Months Ended September 30,
(
in millions
)
2026
2025
2026
2025
Gross R&D expenditures
$
193
$
206
$
572
$
609
Customer reimbursements
(21)
(17)
(47)
(56)
Net R&D expenditures
$
172
$
189
$
525
$
553
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