v3.26.1
CONTRACT AND OTHER DEFERRED ASSETS (Tables)
3 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Contract Assets Contract assets consist of the following:
March 31, 2026December 31, 2025
Long-term equipment contracts and certain other service agreements$1,242 $1,123 
Long-term product service agreements 326 330 
Contract assets (total revenue in excess of billings)1,568 1,453 
Deferred inventory costs149 141 
Other costs to fulfill or obtain a contract
30 26 
Contract and other deferred assets$1,747 $1,620 
Contract liabilities consist of the following:
March 31, 2026December 31, 2025
Equipment contracts and other service agreements$5,349 $5,249 
Long-term product service agreements518 507 
Progress collections5,867 5,756 
Deferred income132 148 
Progress collections and deferred income (contract liabilities)$5,999 $5,904