Business Segments (Tables)

3 Months Ended

Mar. 31, 2026

Segment Reporting [Abstract]

Schedule of Business Segment Information

Business Segment Information


						Three months ended March 31,

Net sales (millions)						2026						2025
Safety and Industrial						$	2,930					$	2,745
Transportation and Electronics						1,848						1,816
Consumer						1,131						1,124
Total reportable business segment net sales						5,909						5,685
Corporate						121						269
Total Company						$	6,030					$	5,954


Significant segment expenses and operating performance (millions)
Safety and Industrial
Cost of sales						$	1,571					$	1,470
Selling, general and administrative expenses						452						451
Research, development and related expenses						131						125
Safety and Industrial operating income						776						699
Transportation and Electronics
Cost of sales						1,095						1,066
Selling, general, administrative expenses						233						251
Research, development and related expenses						121						109
Transportation and Electronics operating income						399						390
Consumer
Cost of sales						687						669
Selling, general and administrative expenses						196						204
Research, development and related expenses						31						32
Consumer operating income						217						219
Total reportable business segment operating income						1,392						1,308
Corporate
Corporate-level (expense) income						34						50
Corporate special items:
Net (costs) benefit from significant litigation						170						(74)

(Loss) gain on business divestitures						(7)						—
Manufactured PFAS products						(126)						(38)
Transformation costs						(66)						—
Total Corporate						5						(62)
Total Company operating income						1,397						1,246

Other expense/(income), net						519						(139)
Income before income taxes						$	878					$	1,385


						Three months ended March 31,
Depreciation and amortization (millions)						2026						2025
Safety and Industrial						$	144					$	139
Transportation and Electronics						88						88
Consumer						40						39
Corporate						54						24
Total						$	326					$	290

Capital expenditures (millions)
Safety and Industrial						$	85					$	78
Transportation and Electronics						58						78
Consumer						11						11
Corporate						71						69
Total						$	225					$	236



Assets (millions)						March 31, 2026						December 31, 2025






Business segment assets:
Inventories
Safety and Industrial						$	1,635					$	1,636
Transportation and Electronics						1,072						1,068
Consumer						741						694
Total business segment assets						3,448						3,398
All other current assets						10,945						12,989
Total non-current assets						21,043						21,346
Total assets						$	35,436					$	37,733