v3.26.1
ACCRUED LIABILITIES
12 Months Ended
Dec. 31, 2025
Accrued Liabilities, Current [Abstract]  
ACCRUED LIABILITIES ACCRUED LIABILITIES
 December 31,
20252024
Customer advances and deferred income$3,860 $3,429 
Compensation, benefit and other employee related1,401 1,328 
Income taxes791 957 
Accrued interest384 379 
Other taxes215 252 
Product warranties and performance guarantees180 202 
Environmental costs180 237 
Derivative liabilities178 — 
Operating lease liabilities174 176 
Repositioning172 181 
Insurance45 60 
Asbestos-related liabilities— 157 
Other (primarily operating expenses)882 697 
Total Accrued liabilities1
$8,462 $8,055 
1
As of December 31, 2025 and 2024, Total Accrued liabilities excludes $484 million and $110 million, respectively, that are included in Liabilities held for sale in the Consolidated Balance Sheet. Refer to Note 2 Acquisitions, Divestitures, and Discontinued Operations.