Annual report [Section 13 and 15(d), not S-K Item 405]

REVENUE RECOGNITION DISAGGREGATION OF REVENUES REVENUE RECOGNITION DISAGGREGATION OF REVENUES (Tables)

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REVENUE RECOGNITION DISAGGREGATION OF REVENUES REVENUE RECOGNITION DISAGGREGATION OF REVENUES (Tables)
12 Months Ended
Dec. 31, 2025
Disaggregation of Revenue [Line Items]  
Revenue from External Customers by Geographic Areas
Years ended December 31,
In millions 2025 2024 2023
United States $ 18,974  $ 19,422  $ 19,302 
China 3,298  2,948  3,115 
India 1,721  1,779  1,678 
Other international 9,677  9,953  9,970 
Total net sales $ 33,670  $ 34,102  $ 34,065 
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 2025 2024 2023
Heavy-duty truck $ 2,544  $ 3,320  $ 3,391 
Medium-duty truck and bus 2,547  3,100  2,622 
Light-duty automotive 1,930  1,585  1,748 
Total on-highway 7,021  8,005  7,761 
Off-highway 1,083  982  1,113 
Total sales $ 8,104  $ 8,987  $ 8,874 
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 2025 2024 2023
Drivetrain and braking systems $ 3,983  $ 4,731  $ 4,822 
Emission solutions 3,034  3,180  3,425 
Components and software 1,203  1,106  1,225 
Automated transmissions 423  588  714 
Atmus   289 
(1)
1,345 
Total sales $ 8,643  $ 9,894  $ 11,531 
 (1) Included sales through the March 18, 2024, divestiture. See NOTE 21, “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:
Years ended December 31,
In millions 2025 2024 2023
North America $ 8,619  $ 7,617  $ 7,054 
Europe 1,186  1,179  848 
Asia Pacific 1,150  1,243  1,091 
China 509  469  424 
India 363  310  264 
Latin America 293  266  224 
Africa and Middle East 266  268  294 
Total sales $ 12,386  $ 11,352  $ 10,199 
Revenue from External Customers by Products and Services
Distribution segment external sales by product line were as follows:
Years ended December 31,
In millions 2025 2024 2023
Power generation $ 4,928  $ 3,961  $ 2,496 
Parts 4,073  3,966  4,052 
Service 1,798  1,747  1,664 
Engines 1,587  1,678  1,987 
Total sales $ 12,386  $ 11,352  $ 10,199 
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 2025 2024 2023
Power generation $ 2,229  $ 1,896  $ 1,698 
Industrial 1,238  1,130  970 
Generator technologies 647  474  457 
Total sales $ 4,114  $ 3,500  $ 3,125