REVENUE RECOGNITION DISAGGREGATION OF REVENUES REVENUE RECOGNITION DISAGGREGATION OF REVENUES (Tables)
|
12 Months Ended |
Dec. 31, 2024 |
|---|
| Disaggregation of Revenue [Line Items] |
|
| 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.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Years ended December 31, |
|
|
|
|
| In millions |
|
2024 |
|
2023 |
|
2022 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| United States |
|
$ |
19,422
|
|
|
$ |
19,302 |
|
|
$ |
15,833 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| China |
|
2,948
|
|
|
3,115 |
|
|
2,390 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| India |
|
1,779
|
|
|
1,678 |
|
|
1,392 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Other international |
|
9,953
|
|
|
9,970 |
|
|
8,459 |
|
|
|
|
|
| Total net sales |
|
$ |
34,102
|
|
|
$ |
34,065 |
|
|
$ |
28,074 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Engine |
|
| Disaggregation of Revenue [Line Items] |
|
| Revenue from External Customers by Market |
Engine segment external sales by market were as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Years ended December 31, |
| In millions |
|
2024 |
|
2023 |
|
2022 |
| Heavy-duty truck |
|
$ |
3,320
|
|
|
$ |
3,391 |
|
|
$ |
2,995 |
|
| Medium-duty truck and bus |
|
3,100
|
|
|
2,622 |
|
|
2,412 |
|
| Light-duty automotive |
|
1,585
|
|
|
1,748 |
|
|
1,704 |
|
| Total on-highway |
|
8,005
|
|
|
7,761 |
|
|
7,111 |
|
| Off-highway |
|
982
|
|
|
1,113 |
|
|
1,088 |
|
| Total sales |
|
$ |
8,987
|
|
|
$ |
8,874 |
|
|
$ |
8,199 |
|
|
|
|
|
|
|
|
|
| Components |
|
| Disaggregation of Revenue [Line Items] |
|
| Revenue from External Customers by Products and Services |
Components segment external sales by business were as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Years ended December 31, |
| In millions |
|
2024 |
|
2023 |
|
2022 |
| Drivetrain and braking systems |
|
$ |
4,731
|
|
|
$ |
4,822 |
|
|
$ |
1,879 |
|
| Emission solutions |
|
3,180
|
|
|
3,425 |
|
|
3,086 |
|
| Components and software |
|
1,106
|
|
|
1,225 |
|
|
1,030 |
|
| Automated transmissions |
|
588
|
|
|
714 |
|
|
593 |
|
| Atmus |
|
289
|
|
(1) |
1,345 |
|
|
1,259 |
|
| Total sales |
|
$ |
9,894
|
|
|
$ |
11,531 |
|
|
$ |
7,847 |
|
|
|
|
|
|
|
|
(1) Included sales through the March 18, 2024, divestiture. See NOTE 21, "ATMUS INITIAL PUBLIC OFFERING (IPO) AND 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:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Years ended December 31, |
| In millions |
|
2024 |
|
2023 |
|
2022 |
| North America |
|
$ |
7,617
|
|
|
$ |
7,054 |
|
|
$ |
5,948 |
|
| Asia Pacific |
|
1,243
|
|
|
1,091 |
|
|
1,011 |
|
| Europe |
|
1,179
|
|
|
848 |
|
|
914 |
|
| China |
|
469
|
|
|
424 |
|
|
351 |
|
| India |
|
310
|
|
|
264 |
|
|
217 |
|
| Africa and Middle East |
|
268
|
|
|
294 |
|
|
250 |
|
|
|
|
|
|
|
|
| Latin America |
|
266
|
|
|
224 |
|
|
210 |
|
| Total sales |
|
$ |
11,352
|
|
|
$ |
10,199 |
|
|
$ |
8,901 |
|
|
|
|
|
|
|
|
|
| Revenue from External Customers by Products and Services |
Distribution segment external sales by product line were as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Years ended December 31, |
| In millions |
|
2024 |
|
2023 |
|
2022 |
| Parts |
|
$ |
3,966
|
|
|
$ |
4,052 |
|
|
$ |
3,809 |
|
| Power generation |
|
3,961
|
|
|
2,496 |
|
|
1,767 |
|
| Service |
|
1,747
|
|
|
1,664 |
|
|
1,555 |
|
| Engines |
|
1,678
|
|
|
1,987 |
|
|
1,770 |
|
| Total sales |
|
$ |
11,352
|
|
|
$ |
10,199 |
|
|
$ |
8,901 |
|
|
|
|
|
|
|
|
|
| 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:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Years ended December 31, |
| In millions |
|
2024 |
|
2023 |
|
2022 |
| Power generation |
|
$ |
1,896
|
|
|
$ |
1,698 |
|
|
$ |
1,658 |
|
| Industrial |
|
1,130
|
|
|
970 |
|
|
843 |
|
| Generator technologies |
|
474
|
|
|
457 |
|
|
450 |
|
| Total sales |
|
$ |
3,500
|
|
|
$ |
3,125 |
|
|
$ |
2,951 |
|
|
|
|
|
|
|
|
|