XML 54 R42.htm IDEA: XBRL DOCUMENT
v3.25.1

Business Segments (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2025
Segment Reporting [Abstract] |
Schedule of Business Segment Information | Business Segment Information
|  | Three months ended March 31, |  |  |  |
Net sales (millions) |  | 2025 |  | 2024 |  |  |  |  |  |
Safety and Industrial |  | $ | 2,745 |  |  | $ | 2,732 |  |  |  |  |  |  |
Transportation and Electronics |  | 1,990 |  |  | 2,104 |  |  |  |  |  |  |
Consumer |  | 1,124 |  |  | 1,140 |  |  |  |  |  |  |
Total reportable business segment net sales |  | 5,859 |  |  | 5,976 |  |  |  |  |  |  |
Corporate and Other |  | 95 |  |  | 40 |  |  |  |  |  |  |
Total company |  | $ | 5,954 |  |  | $ | 6,016 |  |  |  |  |  |  |
Significant segment expenses and operating performance (millions) |  |  |  |  |  |  |  |  |  |
Safety and Industrial |  |  |  |  |  |  |  |  |  |
Cost of sales |  | $ | 1,470 |  |  | $ | 1,487 |  |  |  |  |  |  |
Selling, general and administrative expenses |  | 454 |  |  | 472 |  |  |  |  |  |  |
Research, development and related expenses |  | 125 |  |  | 116 |  |  |  |  |  |  |
Safety and Industrial operating income (loss) |  | 696 |  |  | 657 |  |  |  |  |  |  |
Transportation and Electronics |  |  |  |  |  |  |  |  |  |
Cost of sales |  | 1,243 |  |  | 1,245 |  |  |  |  |  |  |
Selling, general, administrative and goodwill impairment expenses |  | 276 |  |  | 273 |  |  |  |  |  |  |
Research, development and related expenses |  | 119 |  |  | 105 |  |  |  |  |  |  |
Transportation and Electronics operating income (loss) |  | 352 |  |  | 481 |  |  |  |  |  |  |
Consumer |  |  |  |  |  |  |  |  |  |
Cost of sales |  | 669 |  |  | 680 |  |  |  |  |  |  |
Selling, general and administrative expenses |  | 204 |  |  | 214 |  |  |  |  |  |  |
Research, development and related expenses |  | 32 |  |  | 30 |  |  |  |  |  |  |
Consumer operating income (loss) |  | 219 |  |  | 216 |  |  |  |  |  |  |
Total reportable business segment operating income (loss) |  | 1,267 |  |  | 1,354 |  |  |  |  |  |  |
Corporate and Other |  |  |  |  |  |  |  |  |  |
Corporate special items: |  |  |  |  |  |  |  |  |  |
Net costs for significant litigation |  | (71) |  |  | (63) |  |  |  |  |  |  |
Divestiture costs |  | — |  |  | (6) |  |  |  |  |  |  |
Total corporate special items |  | (71) |  |  | (69) |  |  |  |  |  |  |
Other corporate (expense) income - net |  | 50 |  |  | (136) |  |  |  |  |  |  |
Total Corporate and Other |  | (21) |  |  | (205) |  |  |  |  |  |  |
Total company operating income (loss) |  | 1,246 |  |  | 1,149 |  |  |  |  |  |  |
Other expense/(income), net |  | (139) |  |  | 220 |  |  |  |  |  |  |
Income (loss) from continuing operations before income taxes |  | $ | 1,385 |  |  | $ | 929 |  |  |  |  |  |  |
|  | Depreciation and amortization |  | Capital expenditures
|  | Three months ended March 31, |  |  |  | Three months ended March 31, |  |
(Millions) |  | 2025 |  | 2024 |  |  |  |  |  |  |  | 2025 |  | 2024 |  |  |  |  |  |
Safety and Industrial |  | $ | 139 |  |  | $ | 135 |  |  |  |  |  |  |  |  | $ | 78 |  |  | $ | 76 |  |  |  |  |  |  |
Transportation and Electronics |  | 108 |  |  | 107 |  |  |  |  |  |  |  |  | 89 |  |  | 146 |  |  |  |  |  |  |
Consumer |  | 39 |  |  | 38 |  |  |  |  |  |  |  |  | 11 |  |  | 24 |  |  |  |  |  |  |
Corporate and Other |  | 4 |  |  | 11 |  |  |  |  |  |  |  |  | 58 |  |  | 52 |  |  |  |  |  |  |
Total continuing operations |  | $ | 290 |  |  | $ | 291 |  |  |  |  |  |  |  |  | $ | 236 |  |  | $ | 298 |  |  |  |  |  |  |
|  | Assets |  |  |  |  |  |
(Millions) |  | March 31, 2025 |  |  |  |  |  |  |  | December 31, 2024 |  |  |  |  |  |
Business segment assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Inventories |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Safety and Industrial |  | $ | 1,597 |  |  |  |  |  |  |  |  | $ | 1,509 |  |  |  |  |  |  |
Transportation and Electronics |  | 1,288 |  |  |  |  |  |  |  |  | 1,269 |  |  |  |  |  |  |
Consumer |  | 788 |  |  |  |  |  |  |  |  | 719 |  |  |  |  |  |  |
Total business segment assets |  |  |  | 3,673 |  |  |  |  |  |  |  |  |  |  | 3,497 |  |  |  |  |  |  |
All other current assets |  | 11,984 |  |  |  |  |  |  |  |  | 12,387 |  |  |  |  |  |  |
Total non-current assets |  | 24,294 |  |  |  |  |  |  |  |  | 23,984 |  |  |  |  |  |  |
Total assets |  | $ | 39,951 |  |  |  |  |  |  |  |  | $ | 39,868 |  |  |  |  |  |  |

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration