v3.25.4
Restructuring income/costs (Tables)
 12 Months Ended
Dec. 31, 2025
Restructuring Charges [Abstract]  
Restructuring and related costs
Restructuring costs for 2025, 2024 and 2023 were as follows:

(Millions of dollars)202520242023
Employee separations 1
$106 $64 $74 
Divestitures 1
30 164 586 
Contract terminations 1
4 7 7 
Long-lived asset impairments 1
17 6 3 
Other 2
291 118 110 
Total restructuring (income) costs$448 $359 $780 
1 Recognized in Other operating (income) expenses.
2 Represents costs related to our restructuring programs, primarily for inventory write-downs, project management and accelerated depreciation, all of which are primarily included in Cost of goods sold.