v3.26.3
REPORTABLE SEGMENTS - Schedule of Net sales and expenses by reporting segments (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Segment Reporting        
Net sales $ 3,487 $ 3,591 $ 10,668 $ 10,744
Cost of sales 2,825 2,927 8,608 8,801
Selling, general and administrative expenses - R&D, net 310 341 969 973
Net sales - customers        
Segment Reporting        
Net sales 3,487 3,591 10,668 10,744
Net sales - inter-segment        
Segment Reporting        
Net sales 0 0 0 0
Operating segments        
Segment Reporting        
Segment Adjusted Operating Income (Loss) 443 444 1,350 1,299
Inter-segment eliminations        
Segment Reporting        
Net sales (14) (12) (39) (35)
Inter-segment eliminations | Net sales - customers        
Segment Reporting        
Net sales 0 0 0 0
Inter-segment eliminations | Net sales - inter-segment        
Segment Reporting        
Net sales (14) (12) (39) (35)
Turbos & Thermal Technologies        
Segment Reporting        
Net sales 1,370 1,436 4,242 4,370
Turbos & Thermal Technologies | Operating segments        
Segment Reporting        
Net sales 1,372 1,437 4,247 4,372
Cost of sales 1,098 1,138 3,381 3,470
Selling, general and administrative expenses - R&D, net 45 50 136 135
Selling, general and administrative expenses - Other 28 29 90 84
Other segment items 0 1 0 2
Segment Adjusted Operating Income (Loss) 201 219 640 681
Turbos & Thermal Technologies | Operating segments | Net sales - customers        
Segment Reporting        
Net sales 1,370 1,436 4,242 4,370
Turbos & Thermal Technologies | Operating segments | Net sales - inter-segment        
Segment Reporting        
Net sales 2 1 5 2
Drivetrain & Morse Systems        
Segment Reporting        
Net sales 1,340 1,447 4,208 4,227
Drivetrain & Morse Systems | Operating segments        
Segment Reporting        
Net sales 1,346 1,452 4,223 4,242
Cost of sales 1,060 1,137 3,313 3,345
Selling, general and administrative expenses - R&D, net 29 34 94 95
Selling, general and administrative expenses - Other 9 18 31 36
Other segment items (2) (4) (2) (4)
Segment Adjusted Operating Income (Loss) 250 267 787 770
Drivetrain & Morse Systems | Operating segments | Net sales - customers        
Segment Reporting        
Net sales 1,340 1,447 4,208 4,227
Drivetrain & Morse Systems | Operating segments | Net sales - inter-segment        
Segment Reporting        
Net sales 6 5 15 15
PowerDrive Systems        
Segment Reporting        
Net sales 699 576 1,938 1,706
PowerDrive Systems | Operating segments        
Segment Reporting        
Net sales 705 582 1,957 1,724
Cost of sales 607 498 1,706 1,500
Selling, general and administrative expenses - R&D, net 87 94 259 286
Selling, general and administrative expenses - Other 17 26 66 55
Other segment items (1) (1) (4) (6)
Segment Adjusted Operating Income (Loss) (5) (35) (70) (111)
PowerDrive Systems | Operating segments | Net sales - customers        
Segment Reporting        
Net sales 699 576 1,938 1,706
PowerDrive Systems | Operating segments | Net sales - inter-segment        
Segment Reporting        
Net sales 6 6 19 18
Battery Energy Systems        
Segment Reporting        
Net sales 78 132 280 441
Battery Energy Systems | Operating segments        
Segment Reporting        
Net sales 78 132 280 441
Cost of sales 65 124 237 425
Selling, general and administrative expenses - R&D, net 8 9 26 30
Selling, general and administrative expenses - Other 7 8 23 28
Other segment items 1 (2) 1 (1)
Segment Adjusted Operating Income (Loss) (3) (7) (7) (41)
Battery Energy Systems | Operating segments | Net sales - customers        
Segment Reporting        
Net sales 78 132 280 441
Battery Energy Systems | Operating segments | Net sales - inter-segment        
Segment Reporting        
Net sales $ 0 $ 0 $ 0 $ 0