Quarterly report [Sections 13 or 15(d)]

REPORTABLE SEGMENTS - Schedule of Financial Information Regarding Reportable Operating Segments (Details)

v3.26.3
REPORTABLE SEGMENTS - Schedule of Financial Information Regarding Reportable Operating Segments (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Segment Reporting [Line Items]        
Total net sales $ 9,438 $ 8,317 $ 27,293 $ 25,134
Research, development and engineering expenses 400 345 1,143 1,046
Equity, royalty and interest income (loss) from investees 127 104 429 353
Add back: Depreciation and amortization 285 274 845 815
Segment EBITDA 1,817 1,166 4,878 4,257
Inventory write-down 30      
Goodwill, impairment loss 210      
Charge to operating expense, net     199  
Intersegment eliminations        
Segment Reporting [Line Items]        
Total net sales (2,250) (1,906) (6,471) (5,828)
Segment EBITDA 31 (21) 149 23
Operating Segments        
Segment Reporting [Line Items]        
Total net sales 11,688 10,223 33,764 30,962
Cost of goods sold (excluding warranty expenses) 8,851 7,916 25,698 23,804
Warranty expenses 207 186 595 533
Selling expenses 339 300 1,024 913
Administrative expenses 529 489 1,582 1,426
Research, development and engineering expenses 400 345 1,143 1,046
Equity, royalty and interest income (loss) from investees 127 104 429 353
Other income (expense) 43 (199) (118) (151)
Add back: Depreciation and amortization 285 274 845 815
Segment EBITDA 1,817 1,166 4,878 4,257
Interest income 37 29 102 85
Engine        
Segment Reporting [Line Items]        
Total net sales 2,389 1,922 6,704 6,124
Engine | Intersegment eliminations        
Segment Reporting [Line Items]        
Total net sales (741) (683) (2,182) (2,151)
Engine | Operating Segments        
Segment Reporting [Line Items]        
Total net sales 3,130 2,605 8,886 8,275
Cost of goods sold (excluding warranty expenses) 2,338 2,030 6,749 6,234
Warranty expenses 98 97 291 301
Selling expenses 69 57 207 177
Administrative expenses 173 141 508 425
Research, development and engineering expenses 186 159 531 465
Equity, royalty and interest income (loss) from investees 58 54 217 187
Other income (expense) 19 15 42 53
Add back: Depreciation and amortization 79 71 228 206
Segment EBITDA 422 261 1,087 1,119
Interest income 12 11 32 29
Components        
Segment Reporting [Line Items]        
Total net sales 2,397 1,986 6,966 6,551
Components | Intersegment eliminations        
Segment Reporting [Line Items]        
Total net sales (459) (343) (1,311) (1,153)
Components | Operating Segments        
Segment Reporting [Line Items]        
Total net sales 2,856 2,329 8,277 7,704
Cost of goods sold (excluding warranty expenses) 2,250 1,868 6,574 6,168
Warranty expenses 57 29 146 83
Selling expenses 46 43 145 124
Administrative expenses 136 132 411 372
Research, development and engineering expenses 85 70 254 222
Equity, royalty and interest income (loss) from investees 9 7 29 24
Other income (expense) (8) (24) (29) (59)
Add back: Depreciation and amortization 125 122 379 371
Segment EBITDA 408 292 1,126 1,071
Interest income 11 8 33 25
Distribution        
Segment Reporting [Line Items]        
Total net sales 3,307 3,170 9,736 9,106
Distribution | Intersegment eliminations        
Segment Reporting [Line Items]        
Total net sales (3) (2) (16) (14)
Distribution | Operating Segments        
Segment Reporting [Line Items]        
Total net sales 3,310 3,172 9,752 9,120
Cost of goods sold (excluding warranty expenses) 2,633 2,489 7,729 7,240
Warranty expenses 11 5 32 16
Selling expenses 168 151 507 462
Administrative expenses 109 93 323 273
Research, development and engineering expenses 16 14 46 42
Equity, royalty and interest income (loss) from investees 29 23 91 77
Other income (expense) 22 17 44 53
Add back: Depreciation and amortization 37 32 106 96
Segment EBITDA 461 492 1,356 1,313
Interest income 7 6 20 18
Power Systems        
Segment Reporting [Line Items]        
Total net sales 1,250 1,126 3,560 3,052
Power Systems | Intersegment eliminations        
Segment Reporting [Line Items]        
Total net sales (1,039) (870) (2,940) (2,482)
Power Systems | Operating Segments        
Segment Reporting [Line Items]        
Total net sales 2,289 1,996 6,500 5,534
Cost of goods sold (excluding warranty expenses) 1,521 1,357 4,265 3,737
Warranty expenses 29 37 71 95
Selling expenses 50 42 148 129
Administrative expenses 102 105 309 311
Research, development and engineering expenses 85 62 230 188
Equity, royalty and interest income (loss) from investees 35 26 105 82
Other income (expense) 9 2 22 16
Add back: Depreciation and amortization 36 36 107 104
Segment EBITDA 582 457 1,711 1,276
Interest income 6 4 16 12
Accelera        
Segment Reporting [Line Items]        
Total net sales 95 113 327 301
Inventory write-down       30
Goodwill, impairment loss       210
Accelera | Intersegment eliminations        
Segment Reporting [Line Items]        
Total net sales (8) (8) (22) (28)
Accelera | Operating Segments        
Segment Reporting [Line Items]        
Total net sales 103 121 349 329
Cost of goods sold (excluding warranty expenses) 109 172 381 425
Warranty expenses 12 18 55 38
Selling expenses 6 7 17 21
Administrative expenses 9 18 31 45
Research, development and engineering expenses 28 40 82 129
Equity, royalty and interest income (loss) from investees (4) (6) (13) (17)
Other income (expense) 1 (209) (197) (214)
Add back: Depreciation and amortization 8 13 25 38
Segment EBITDA (56) (336) (402) (522)
Interest income $ 1 $ 0 $ 1 $ 1