Quarterly report pursuant to Section 13 or 15(d)

REVENUE RECOGNITION DISAGGREGATION OF REVENUES (Tables)

v3.23.2
REVENUE RECOGNITION DISAGGREGATION OF REVENUES (Tables)
6 Months Ended
Jun. 30, 2023
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.
Three months ended Six months ended
  June 30, June 30,
In millions 2023 2022 2023 2022
United States $ 4,937  $ 3,788  $ 9,739  $ 7,245 
China 762  520  1,552  1,173 
India 413  311  824  620 
Other international 2,526  1,967  4,976  3,933 
Total net sales $ 8,638  $ 6,586  $ 17,091  $ 12,971 
Components  
Disaggregation of Revenue [Line Items]  
Revenue from External Customers by Products and Services
Components segment external sales by business were as follows:
Three months ended Six months ended
June 30, June 30,
In millions 2023 2022 2023 2022
Axles and brakes $ 1,249  $ —  $ 2,521  $ — 
Emission solutions 842  767  1,781  1,575 
Atmus 341  319  683  627 
Engine components 283  223  575  463 
Automated transmissions 180  143  358  277 
Software and electronics 29  25  49  52 
Total sales $ 2,924  $ 1,477  $ 5,967  $ 2,994 
Engine  
Disaggregation of Revenue [Line Items]  
Revenue from External Customers by Market
Engine segment external sales by market were as follows:
Three months ended Six months ended
June 30, June 30,
In millions 2023 2022 2023 2022
Heavy-duty truck $ 856  $ 797  $ 1,716  $ 1,481 
Medium-duty truck and bus 687  620  1,304  1,211 
Light-duty automotive 444  425  885  912 
Total on-highway 1,987  1,842  3,905  3,604 
Off-highway 276  250  610  537 
Total sales $ 2,263  $ 2,092  $ 4,515  $ 4,141 
Distribution  
Disaggregation of Revenue [Line Items]  
Revenue from External Customers by Geographic Areas
Distribution segment external sales by region were as follows:
Three months ended Six months ended
June 30, June 30,
In millions 2023 2022 2023 2022
North America $ 1,783  $ 1,491  $ 3,476  $ 2,862 
Asia Pacific 265  242  504  486 
Europe 213  246  407  521 
China 112  99  213  181 
Africa and Middle East 80  61  142  111 
India 63  52  120  100 
Latin America 60  56  113  97 
Total sales $ 2,576  $ 2,247  $ 4,975  $ 4,358 
Revenue from External Customers by Products and Services
Distribution segment external sales by product line were as follows:
Three months ended Six months ended
June 30, June 30,
In millions 2023 2022 2023 2022
Parts $ 1,011  $ 987  $ 2,063  $ 1,913 
Power generation 609  440  1,100  838 
Engines 527  428  983  866 
Service 429  392  829  741 
Total sales $ 2,576  $ 2,247  $ 4,975  $ 4,358 
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:
Three months ended Six months ended
June 30, June 30,
In millions 2023 2022 2023 2022
Power generation $ 447  $ 408  $ 827  $ 807 
Industrial 218  213  407  401 
Generator technologies 129  113  239  209 
Total sales $ 794  $ 734  $ 1,473  $ 1,417