v3.26.1
Restructuring and Reorganization Costs
3 Months Ended
Mar. 31, 2026
Restructuring and Related Activities [Abstract]  
Restructuring and Reorganization Costs Restructuring and Reorganization Costs
The following table summarizes the accrued severance liability on the Consolidated Balance Sheet, which is expected to be substantially settled by the end of 2026.
Amounts Before Tax
(Millions of dollars)
Balance at January 1, 2026$683 
Accruals/Adjustments(88)
Payments(156)
Balance at March 31, 2026$439