v3.26.1
DIVESTITURES (Tables)
 3 Months Ended
Mar. 31, 2026
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Disposal Groups, Including Discontinued Operations
The following table summarizes assets and liabilities classified as held for sale:

March 31, 2026December 31, 2025
(In millions)Riello
Cash and cash equivalents$67 $25 
Accounts receivable, net86 103 
Inventories, net106 98 
Other current assets2 2 
Fixed assets, net78 77 
Intangible assets, net20 18 
Goodwill171 175 
Operating lease right-of-use assets7 7 
Other assets84 87 
Total assets held for sale$621 $592 
Accounts payable$100 $91 
Accrued liabilities36 45 
Contract liabilities2 3 
Future pension and post-retirement obligations7 7 
Future income tax obligations10 9 
Operating lease liabilities4 4 
Other long-term liabilities11 11 
Total liabilities held for sale$170 $170 
The components of Discontinued operations, net of tax are as follows:

Three Months Ended
 March 31,
(In millions)20262025
Net sales$— $— 
Costs of sales— — 
Research and development— — 
Selling, general and administrative(1)— 
Other income (expense), net— — 
Gain (loss) on divestitures and deconsolidation— — 
Interest (expense) income, net— — 
Earnings (loss) before income taxes(1)— 
Income tax (expense) benefit— — 
Tax on divestitures and deconsolidation— — 
Discontinued operations, net of tax
$(1)$—