Quarterly report [Sections 13 or 15(d)]

OPERATING SEGMENTS (Details)

v3.25.1
OPERATING SEGMENTS (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Segment reporting    
NET SALES (Notes 1 and 2) $ 8,174 $ 8,403
Research, development and engineering expenses 344 369
Income (Loss) from Equity Method Investments 131 123
Depreciation and amortization 266 262
Interest expense 77 89
INCOME BEFORE INCOME TAXES 1,117 2,221
Amortization of Debt Discount (Premium) 3 3
Gain (Loss) on Disposition of Business 0 (1,333)
Engine    
Segment reporting    
NET SALES (Notes 1 and 2) 2,771 2,928
Cost of Goods and Services Sold 2,036 2,190
Product Warranty Expense 85 105
Selling Expense 59 52
General and Administrative Expense 138 144
Research, development and engineering expenses 155 154
Income (Loss) from Equity Method Investments 73 57
Other Operating and Nonoperating (expense) income 20 16
Depreciation and amortization 67 58
Segment EBITDA 458 414
Interest Income, Operating and Nonoperating 10 7
Components    
Segment reporting    
NET SALES (Notes 1 and 2) 2,670 3,332
Cost of Goods and Services Sold 2,139 2,636
Product Warranty Expense 26 62
Selling Expense 41 55
General and Administrative Expense 119 158
Research, development and engineering expenses 75 84
Income (Loss) from Equity Method Investments 7 26
Other Operating and Nonoperating (expense) income (17) (15)
Depreciation and amortization 122 125
Segment EBITDA 382 473
Interest Income, Operating and Nonoperating 7 8
Atmus separation costs   21
Distribution    
Segment reporting    
NET SALES (Notes 1 and 2) 2,907 2,535
Cost of Goods and Services Sold 2,332 2,046
Product Warranty Expense 6 5
Selling Expense 157 153
General and Administrative Expense 91 91
Research, development and engineering expenses 14 14
Income (Loss) from Equity Method Investments 28 24
Other Operating and Nonoperating (expense) income 9 13
Depreciation and amortization 32 31
Segment EBITDA 376 294
Interest Income, Operating and Nonoperating 5 11
Power Systems    
Segment reporting    
NET SALES (Notes 1 and 2) 1,649 1,389
Cost of Goods and Services Sold 1,090 997
Product Warranty Expense 32 15
Selling Expense 46 40
General and Administrative Expense 100 99
Research, development and engineering expenses 57 60
Income (Loss) from Equity Method Investments 29 19
Other Operating and Nonoperating (expense) income 3 6
Depreciation and amortization 33 34
Segment EBITDA 389 237
Interest Income, Operating and Nonoperating 4 3
Accelera    
Segment reporting    
NET SALES (Notes 1 and 2) 103 93
Cost of Goods and Services Sold 121 120
Product Warranty Expense 8 8
Selling Expense 7 8
General and Administrative Expense 13 13
Research, development and engineering expenses 43 55
Income (Loss) from Equity Method Investments (6) (3)
Other Operating and Nonoperating (expense) income (3) (1)
Depreciation and amortization 12 14
Segment EBITDA (86) (101)
Interest Income, Operating and Nonoperating 0 0
Total Segments    
Segment reporting    
NET SALES (Notes 1 and 2) 10,100 10,277
Cost of Goods and Services Sold 7,718 7,989
Product Warranty Expense 157 195
Selling Expense 310 308
General and Administrative Expense 461 505
Research, development and engineering expenses 344 367
Income (Loss) from Equity Method Investments 131 123
Other Operating and Nonoperating (expense) income 12 19
Depreciation and amortization 266 262
Segment EBITDA 1,519 1,317
Interest Income, Operating and Nonoperating 26 29
Corporate and Other    
Segment reporting    
Segment EBITDA (59) 1,255
Atmus separation costs   14
Gain (Loss) on Disposition of Business   1,300
External Sales | Engine    
Segment reporting    
NET SALES (Notes 1 and 2) 2,040 2,240
External Sales | Components    
Segment reporting    
NET SALES (Notes 1 and 2) 2,270 2,842
External Sales | Distribution    
Segment reporting    
NET SALES (Notes 1 and 2) 2,902 2,529
External Sales | Power Systems    
Segment reporting    
NET SALES (Notes 1 and 2) 872 708
External Sales | Accelera    
Segment reporting    
NET SALES (Notes 1 and 2) 90 84
External Sales | Total Segments    
Segment reporting    
NET SALES (Notes 1 and 2) 8,174 8,403
Intersegment sales | Engine    
Segment reporting    
NET SALES (Notes 1 and 2) 731 688
Intersegment sales | Components    
Segment reporting    
NET SALES (Notes 1 and 2) 400 490
Intersegment sales | Distribution    
Segment reporting    
NET SALES (Notes 1 and 2) 5 6
Intersegment sales | Power Systems    
Segment reporting    
NET SALES (Notes 1 and 2) 777 681
Intersegment sales | Accelera    
Segment reporting    
NET SALES (Notes 1 and 2) 13 9
Intersegment sales | Total Segments    
Segment reporting    
NET SALES (Notes 1 and 2) $ 1,926 $ 1,874