v3.26.1
REPOSITIONING AND OTHER CHARGES (Tables)
3 Months Ended
Mar. 31, 2026
Restructuring and Related Activities [Abstract]  
Schedule of Repositioning and Other Charges
A summary of net repositioning and other charges follows:
Three Months Ended March 31,
 20262025
Severance$36 $24 
Asset impairments
Exit costs11 11 
Reserve adjustments(8)(29)
Total net repositioning charges42 7 
Asbestos-related charges, net of insurance and reimbursements20 
Probable and reasonably estimable environmental liabilities, net of reimbursements25 16 
Total net repositioning and other charges
$68 $43 
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 charges by classification in the Consolidated Statement of Operations:
 Three Months Ended March 31,
 20262025
Cost of products and services sold$48 $35 
Selling, general and administrative expenses20 
Total net repositioning and other charges
$68 $43 
Schedule of Pretax Impact of Total Net Repositioning and Other Charges by Segment
The following table summarizes the pre-tax amount of total net repositioning and other charges by reportable business segment. These amounts are excluded from segment profit as described in Note 18 Segment Financial Data:
Three Months Ended March 31,
 20262025
Aerospace Technologies$$(7)
Building Automation11 
Process Automation and Technology16 (5)
Industrial Automation11 
Corporate and All Other43 33 
Total net repositioning and other charges
$68 $43 
Schedule of Total Repositioning Reserves
The following table summarizes the status of the Company's repositioning reserves, excluding amounts included in Liabilities held for sale in the Consolidated Balance Sheet:
Severance
Costs
Asset
Impairments
Exit
Costs
Total
Balance at December 31, 2025
$170 $ $2 $172 
Charges36 11 50 
Usage—cash(25)— (12)(37)
Usage—noncash— (3)— (3)
Foreign currency translation— — 
Adjustments(8)— — (8)
Balance at March 31, 2026
$174 $ $1 $175