v3.26.1
RESTRUCTURING (Tables)
3 Months Ended
Mar. 31, 2026
Restructuring Charges [Abstract]  
Restructuring and Related Costs
The following provides the charges related to restructuring initiatives by type of cost:
Three Months Ended March 31,
Dollars in millions20262025
2023 Restructuring Plan$(20)$143 
Other Acquisition Plans
21 47 
Total charges$$190 
Employee termination costs$(2)$132 
Other termination costs
Provision for restructuring133 
Integration expenses19 41 
Accelerated depreciation— 15 
Asset impairments
Other shutdown costs, net(24)(7)
Total charges$$190 
Cost of products sold$— $
Selling, general and administrative— 
Research and development21 
Other (income)/expense, net(1)166 
Total charges$$190 
Schedule of Restructuring Reserve by Type of Cost
The following summarizes the charges and spending related to restructuring plan activities:
Three Months Ended March 31,
Dollars in millions20262025
Beginning balance $315 $297 
Provision for restructuring133 
Payments(143)(145)
Foreign currency translation and other(3)
Ending balance$173 $288