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Guarantees (Tables)
9 Months Ended
Sep. 30, 2025
Guarantees and Product Warranties [Abstract]  
Schedule of Financial Guarantees As of September 30, 2025 and December 31, 2024, the following financial guarantees were outstanding:
September 30, 2025December 31, 2024
(dollars in millions)Maximum Potential PaymentCarrying Amount of LiabilityMaximum Potential PaymentCarrying Amount of Liability
Commercial aerospace financing arrangements$187 $ $274 $— 
Third party guarantees73  79 
Schedule of Product Warranties
The changes in the carrying amount of service and product warranties and product performance guarantees for the nine months ended September 30, 2025 and 2024 were as follows:
(dollars in millions)20252024
Balance as of January 1$993 $1,091 
Warranties and performance guarantees issued219 195 
Settlements(208)(216)
Other6 (28)
Balance as of September 30$1,010 $1,042