v3.26.1
RESTRUCTURING COSTS (Tables)
3 Months Ended
Mar. 31, 2026
Restructuring and Related Activities [Abstract]  
Schedule of Net Pre-Tax Restructuring Costs
The Company recorded net pre-tax restructuring costs for new and ongoing restructuring initiatives as follows:

Three Months Ended
 March 31,
(In millions)20262025
Climate Solutions Americas$$
Climate Solutions Europe86 — 
Climate Solutions Asia Pacific, Middle East & Africa
Climate Solutions Transportation
Total Segment94 
Corporate and other14 
Total restructuring costs (1)
$108 $8 
Cost of sales$44 $
Selling, general and administrative64 
Total restructuring costs (1)
$108 $8 
(1) Restructuring costs include period-related charges.
Schedule of Reserve and Charges Relating to Restructuring Reserve
The following table summarizes changes in the restructuring reserve, included in Accrued liabilities on the accompanying Unaudited Condensed Consolidated Balance Sheet:

Three Months Ended
March 31,
(In millions)20262025
Balance as of January 1,$102 $69 
Net pre-tax restructuring costs103 
Utilization, foreign exchange and other(46)(17)
Balance as of March 31,$159 $56