v3.25.4
REPOSITIONING AND OTHER (GAINS) CHARGES (Tables)
12 Months Ended
Dec. 31, 2025
Restructuring and Related Activities [Abstract]  
Schedule of Repositioning And Other (Gains) Charges
A summary of net repositioning and other (gains) charges follows:
 Years Ended December 31,
202520242023
Severance$138 $136 $162 
Asset impairments11 22 41 
Exit costs61 63 132 
Reserve adjustments(57)(97)(56)
Total net repositioning charges153 124 279 
Asbestos-related charges and loss on asbestos liabilities divestiture, net of insurance and reimbursements1
214 61 534 
Probable and reasonably estimable environmental liabilities, net of reimbursements268 37 35 
Gain on Resideo indemnification and reimbursement agreement termination1
(802)— — 
Other charges— 17 (4)
Total net repositioning and other (gains) charges
$(167)$239 $844 
1
Refer to Note 19 Commitments and Contingencies for further discussion of the 2025 asbestos liabilities divestiture transaction and gain related to the Resideo indemnification and reimbursement agreement termination.
Schedule of Pretax Distribution Of Total Net Repositioning And Other Charges
The following table summarizes the pre-tax distribution of total net repositioning and other (gains) charges by classification in the Consolidated Statement of Operations:
 Years Ended December 31,
202520242023
Cost of products and services sold$513 $109 $680 
Selling, general and administrative expenses122 113 163 
Other (income) expense(802)17 
Total net repositioning and other (gains) charges
$(167)$239 $844 
Schedule of Pretax Impact of Total Net Repositioning and Other (Gains) Charges by Segment
The following table summarizes the pre-tax amount of total net repositioning and other (gains) charges by reportable business segment. These amounts are excluded from segment profit as described in Note 22 Segment Financial Data:
 Years Ended December 31,
202520242023
Aerospace Technologies$(3)$(3)$23 
Industrial Automation77 60 139 
Building Automation41 25 58 
Energy and Sustainability Solutions18 
Corporate and All Other(290)139 617 
Total net repositioning and other (gains) charges
$(167)$239 $844 
Schedule of Total Repositioning Reserves
The following table summarizes the status of the Company's repositioning reserves, excluding amounts that are included in Liabilities held for sale in the Consolidated Balance Sheet:
Severance
Costs
Asset
Impairments
Exit
Costs
Total
Balance at December 31, 2022$229 $ $74 $303 
Charges162 41 132 335 
Usage—cash(170)— (110)(280)
Usage—noncash— (36)— (36)
Divestitures— (4)(5)(9)
Adjustments(42)(1)(13)(56)
Foreign currency translation— 13 19 
Balance at December 31, 2023185  91 276 
Charges136 22 63 221 
Usage—cash(92)— (97)(189)
Usage—noncash— (6)— (6)
Adjustments(41)(16)(40)(97)
Foreign currency translation
— — (2)(2)
Reclassifications to Liabilities held for sale
(14)— (8)(22)
Balance at December 31, 2024174  7 181 
Charges138 11 61 210 
Usage—cash(90)— (63)(153)
Usage—noncash— (10)— (10)
Adjustments(52)(1)(3)(56)
Foreign currency translation— — 
Reclassifications to Liabilities held for sale(6)— — (6)
Balance at December 31, 2025$170 $ $2 $172