REVENUE RECOGNITION DISAGGREGATION OF REVENUES (Tables)
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9 Months Ended |
Sep. 30, 2023 |
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| Disaggregation of Revenue [Line Items] |
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| Revenue from External Customers by Geographic Areas |
The table below presents our consolidated sales by geographic area. Net sales attributed to geographic areas were based on the location of the customer.
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Three months ended |
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Nine months ended |
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September 30, |
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September 30, |
| In millions |
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2023 |
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2022 |
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2023 |
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2022 |
United States (1)
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$ |
4,886
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$ |
4,226 |
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$ |
14,625
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$ |
11,471 |
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| China |
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721
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601 |
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2,273
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1,774 |
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| India |
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374
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358 |
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1,198
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978 |
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Other international (1)
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2,450
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2,148 |
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7,426
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6,081 |
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| Total net sales |
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$ |
8,431
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$ |
7,333 |
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$ |
25,522
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$ |
20,304 |
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(1) We revised $110 million from other international to United States for both the three and nine months ended September 30, 2022.
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| Components |
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| Disaggregation of Revenue [Line Items] |
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| Revenue from External Customers by Products and Services |
Components segment external sales by business were as follows:
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Three months ended |
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Nine months ended |
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September 30, |
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September 30, |
| In millions |
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2023 |
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2022 |
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2023 |
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2022 |
| Axles and brakes |
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$ |
1,177
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$ |
732 |
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$ |
3,698
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$ |
732 |
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| Emission solutions |
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803
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748 |
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2,584
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2,323 |
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| Atmus |
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324
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322 |
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1,007
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949 |
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| Engine components |
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263
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239 |
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838
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702 |
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| Automated transmissions |
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187
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159 |
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545
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436 |
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| Software and electronics |
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26
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20 |
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75
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72 |
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| Total sales |
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$ |
2,780
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$ |
2,220 |
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$ |
8,747
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$ |
5,214 |
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| Engine |
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| Disaggregation of Revenue [Line Items] |
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| Revenue from External Customers by Market |
Engine segment external sales by market were as follows:
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Three months ended |
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Nine months ended |
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September 30, |
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September 30, |
| In millions |
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2023 |
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2022 |
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2023 |
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2022 |
| Heavy-duty truck |
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$ |
885
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$ |
751 |
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$ |
2,601
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$ |
2,232 |
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| Medium-duty truck and bus |
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656
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583 |
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1,960
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1,794 |
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| Light-duty automotive |
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451
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465 |
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1,336
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1,377 |
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| Total on-highway |
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1,992
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1,799 |
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5,897
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5,403 |
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| Off-highway |
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244
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264 |
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854
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801 |
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| Total sales |
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$ |
2,236
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$ |
2,063 |
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$ |
6,751
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$ |
6,204 |
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| Distribution |
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| Disaggregation of Revenue [Line Items] |
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| Revenue from External Customers by Geographic Areas |
Distribution segment external sales by region were as follows:
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Three months ended |
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Nine months ended |
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September 30, |
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September 30, |
| In millions |
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2023 |
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2022 |
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2023 |
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2022 |
| North America |
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$ |
1,719
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$ |
1,512 |
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$ |
5,195
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$ |
4,374 |
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| Asia Pacific |
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292
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258 |
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796
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744 |
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| Europe |
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200
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181 |
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607
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702 |
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| China |
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110
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89 |
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323
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270 |
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| Africa and Middle East |
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77
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79 |
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219
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190 |
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| India |
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66
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55 |
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186
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155 |
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| Latin America |
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55
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58 |
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168
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155 |
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| Total sales |
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$ |
2,519
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$ |
2,232 |
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$ |
7,494
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$ |
6,590 |
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| Revenue from External Customers by Products and Services |
Distribution segment external sales by product line were as follows:
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Three months ended |
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Nine months ended |
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September 30, |
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September 30, |
| In millions |
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2023 |
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2022 |
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2023 |
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2022 |
| Parts |
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$ |
991
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$ |
942 |
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$ |
3,054
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$ |
2,855 |
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| Power generation |
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601
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428 |
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1,701
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1,266 |
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| Engines |
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507
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449 |
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1,490
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1,315 |
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| Service |
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420
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413 |
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1,249
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1,154 |
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| Total sales |
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$ |
2,519
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$ |
2,232 |
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$ |
7,494
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$ |
6,590 |
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| Power Systems |
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| Disaggregation of Revenue [Line Items] |
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| Revenue from External Customers by Products and Services |
Power Systems segment external sales by product line were as follows:
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Three months ended |
|
Nine months ended |
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September 30, |
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September 30, |
| In millions |
|
2023 |
|
2022 |
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2023 |
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2022 |
| Power generation |
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$ |
420
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$ |
425 |
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$ |
1,247
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$ |
1,232 |
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| Industrial |
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263
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226 |
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670
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627 |
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| Generator technologies |
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115
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122 |
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354
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331 |
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| Total sales |
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$ |
798
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$ |
773 |
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$ |
2,271
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$ |
2,190 |
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