v3.26.1
Revenue Recognition and Contracts with Customers
3 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Recognition and Contracts with Customers
Note 3. Revenue Recognition and Contracts with Customers
Disaggregated Revenue
Net sales by region (determined based on country of shipment) and channel is included in Note 22, Segments and Concentrations.
Contract Balances
The following table summarizes our contract assets and liabilities balances:
 20262025
 (Dollars in millions)
Contract assets—January 1$48 $40 
Contract assets—March 31
72 52 
Change in contract assets—Increase/(Decrease)$24 $12 
Contract liabilities—January 1$(10)$(8)
Contract liabilities—March 31
(15)(12)
Change in contract liabilities—Decrease/(Increase)$(5)$(4)