REVENUE RECOGNITION DISAGGREGATION OF REVENUES (Tables)
|
9 Months Ended |
Sep. 30, 2025 |
|---|
| Disaggregation of Revenue [Line Items] |
|
| Revenue from External Customers by Geographic Areas |
The table below presents our consolidated net sales by geographic area based on the location of the customer:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three months ended |
|
Nine months ended |
| |
|
September 30, |
|
September 30, |
| In millions |
|
2025 |
|
2024 |
|
2025 |
|
2024 |
| United States |
|
$ |
4,663
|
|
|
$ |
4,825 |
|
|
$ |
14,278
|
|
|
$ |
14,729 |
|
|
|
|
|
|
|
|
|
|
| China |
|
844
|
|
|
727 |
|
|
2,449
|
|
|
2,197 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| India |
|
447
|
|
|
416 |
|
|
1,288
|
|
|
1,285 |
|
|
|
|
|
|
|
|
|
|
| Other international |
|
2,363
|
|
|
2,488 |
|
|
7,119
|
|
|
7,444 |
|
| Total net sales |
|
$ |
8,317
|
|
|
$ |
8,456 |
|
|
$ |
25,134
|
|
|
$ |
25,655 |
|
|
|
|
|
|
|
|
|
|
|
|
| Engine |
|
| Disaggregation of Revenue [Line Items] |
|
| Revenue from External Customers by Market |
Engine segment external sales by market were as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three months ended |
|
Nine months ended |
|
|
September 30, |
|
September 30, |
| In millions |
|
2025 |
|
2024 |
|
2025 |
|
2024 |
| Heavy-duty truck |
|
$ |
540
|
|
|
$ |
781 |
|
|
$ |
1,921
|
|
|
$ |
2,560 |
|
| Medium-duty truck and bus |
|
533
|
|
|
806 |
|
|
1,909
|
|
|
2,336 |
|
| Light-duty automotive |
|
583
|
|
|
400 |
|
|
1,490
|
|
|
1,292 |
|
| Total on-highway |
|
1,656
|
|
|
1,987 |
|
|
5,320
|
|
|
6,188 |
|
| Off-highway |
|
266
|
|
|
228 |
|
|
804
|
|
|
735 |
|
| Total sales |
|
$ |
1,922
|
|
|
$ |
2,215 |
|
|
$ |
6,124
|
|
|
$ |
6,923 |
|
|
|
|
|
|
|
|
|
|
|
| Components |
|
| Disaggregation of Revenue [Line Items] |
|
| Revenue from External Customers by Products and Services |
Components segment external sales by business were as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three months ended |
|
Nine months ended |
|
|
|
September 30, |
|
September 30, |
|
| In millions |
|
2025 |
|
2024 |
|
2025 |
|
2024 |
|
| Drivetrain and braking systems |
|
$ |
916
|
|
|
$ |
1,131 |
|
|
$ |
3,066
|
|
|
$ |
3,618 |
|
|
| Emission solutions |
|
702
|
|
|
759 |
|
|
2,270
|
|
|
2,437 |
|
|
| Components and software |
|
281
|
|
|
249 |
|
|
888
|
|
|
828 |
|
|
| Automated transmissions |
|
87
|
|
|
148 |
|
|
327
|
|
|
475 |
|
|
| Atmus |
|
—
|
|
|
— |
|
|
—
|
|
|
289 |
|
(1) |
| Total sales |
|
$ |
1,986
|
|
|
$ |
2,287 |
|
|
$ |
6,551
|
|
|
$ |
7,647 |
|
|
|
|
|
|
|
|
|
|
|
|
(1) Included sales through the March 18, 2024, divestiture. See NOTE 15, "ATMUS DIVESTITURE," for additional information.
|
|
|
| Distribution |
|
| Disaggregation of Revenue [Line Items] |
|
| Revenue from External Customers by Geographic Areas |
Distribution segment external sales by region were as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three months ended |
|
Nine months ended |
|
|
September 30, |
|
September 30, |
| In millions |
|
2025 |
|
2024 |
|
2025 |
|
2024 |
| North America |
|
$ |
2,200
|
|
|
$ |
1,947 |
|
|
$ |
6,373
|
|
|
$ |
5,568 |
|
| Asia Pacific |
|
311
|
|
|
342 |
|
|
831
|
|
|
937 |
|
| Europe |
|
273
|
|
|
307 |
|
|
865
|
|
|
830 |
|
| China |
|
121
|
|
|
118 |
|
|
357
|
|
|
346 |
|
| Latin America |
|
98
|
|
|
71 |
|
|
231
|
|
|
194 |
|
| India |
|
93
|
|
|
77 |
|
|
256
|
|
|
223 |
|
| Africa and Middle East |
|
74
|
|
|
80 |
|
|
193
|
|
|
194 |
|
| Total sales |
|
$ |
3,170
|
|
|
$ |
2,942 |
|
|
$ |
9,106
|
|
|
$ |
8,292 |
|
|
|
|
|
|
|
|
|
|
|
| Revenue from External Customers by Products and Services |
Distribution segment external sales by product line were as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three months ended |
|
Nine months ended |
|
|
September 30, |
|
September 30, |
| In millions |
|
2025 |
|
2024 |
|
2025 |
|
2024 |
| Power generation |
|
$ |
1,246
|
|
|
$ |
1,088 |
|
|
$ |
3,536
|
|
|
$ |
2,743 |
|
| Parts |
|
1,014
|
|
|
1,000 |
|
|
3,051
|
|
|
2,985 |
|
| Service |
|
494
|
|
|
453 |
|
|
1,349
|
|
|
1,305 |
|
| Engines |
|
416
|
|
|
401 |
|
|
1,170
|
|
|
1,259 |
|
| Total sales |
|
$ |
3,170
|
|
|
$ |
2,942 |
|
|
$ |
9,106
|
|
|
$ |
8,292 |
|
|
|
|
|
|
|
|
|
|
|
| Power Systems |
|
| Disaggregation of Revenue [Line Items] |
|
| Revenue from External Customers by Products and Services |
Power Systems segment external sales by product line were as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three months ended |
|
Nine months ended |
|
|
September 30, |
|
September 30, |
| In millions |
|
2025 |
|
2024 |
|
2025 |
|
2024 |
| Power generation |
|
$ |
623
|
|
|
$ |
499 |
|
|
$ |
1,652
|
|
|
$ |
1,349 |
|
| Industrial |
|
323
|
|
|
293 |
|
|
905
|
|
|
809 |
|
| Generator technologies |
|
180
|
|
|
120 |
|
|
495
|
|
|
350 |
|
| Total sales |
|
$ |
1,126
|
|
|
$ |
912 |
|
|
$ |
3,052
|
|
|
$ |
2,508 |
|
|
|
|
|
|
|
|
|
|
|