XML 58 R48.htm IDEA: XBRL DOCUMENT v3.25.3
Segment Information - Schedule of Segment Information (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Segment Reporting Information [Line Items]        
Operating revenue $ 4,059 $ 3,966 $ 11,951 $ 11,966
Variable cost of revenue 1,898 1,884 5,633 5,720
Overhead expenses 1,029 1,012 3,107 3,090
Operating income 1,112 1,052 3,131 3,233
Interest expense (75) (69) (217) (215)
Other income (expense) 12 379 28 421
Income Before Taxes 1,049 1,362 2,942 3,439
Depreciation and amortization and impairment of intangible assets 100 104 294 300
Automotive OEM        
Segment Reporting Information [Line Items]        
Overhead expenses 198 191 604 591
Food Equipment        
Segment Reporting Information [Line Items]        
Overhead expenses 175 174 530 526
Test & Measurement and Electronics        
Segment Reporting Information [Line Items]        
Overhead expenses 224 227 682 685
Welding        
Segment Reporting Information [Line Items]        
Overhead expenses 110 103 320 311
Polymers & Fluids        
Segment Reporting Information [Line Items]        
Overhead expenses 107 104 326 329
Construction Products        
Segment Reporting Information [Line Items]        
Overhead expenses 114 113 345 349
Specialty Products        
Segment Reporting Information [Line Items]        
Overhead expenses 101 100 300 299
Operating segments        
Segment Reporting Information [Line Items]        
Operating revenue 4,065 3,973 11,965 11,985
Operating income 1,138 1,077 3,225 3,175
Operating segments | Automotive OEM        
Segment Reporting Information [Line Items]        
Operating revenue 830 772 2,461 2,403
Variable cost of revenue 450 431 1,344 1,343
Operating income 182 150 513 469
Depreciation and amortization and impairment of intangible assets 35 34 101 97
Operating segments | Food Equipment        
Segment Reporting Information [Line Items]        
Operating revenue 694 677 2,001 1,975
Variable cost of revenue 317 310 914 912
Operating income 202 193 557 537
Depreciation and amortization and impairment of intangible assets 11 12 31 34
Operating segments | Test & Measurement and Electronics        
Segment Reporting Information [Line Items]        
Operating revenue 698 697 2,036 2,071
Variable cost of revenue 297 291 881 885
Operating income 177 179 473 501
Depreciation and amortization and impairment of intangible assets 17 21 53 62
Operating segments | Welding        
Segment Reporting Information [Line Items]        
Operating revenue 477 462 1,428 1,404
Variable cost of revenue 211 210 640 635
Operating income 156 149 468 458
Depreciation and amortization and impairment of intangible assets 9 9 26 24
Operating segments | Polymers & Fluids        
Segment Reporting Information [Line Items]        
Operating revenue 441 448 1,308 1,334
Variable cost of revenue 208 219 621 641
Operating income 126 125 361 364
Depreciation and amortization and impairment of intangible assets 10 10 31 31
Operating segments | Construction Products        
Segment Reporting Information [Line Items]        
Operating revenue 473 479 1,389 1,471
Variable cost of revenue 210 221 620 686
Operating income 149 145 424 436
Depreciation and amortization and impairment of intangible assets 8 9 24 24
Operating segments | Specialty Products        
Segment Reporting Information [Line Items]        
Operating revenue 452 438 1,342 1,327
Variable cost of revenue 205 202 613 618
Operating income 146 136 429 410
Depreciation and amortization and impairment of intangible assets 10 9 28 28
Intersegment revenue        
Segment Reporting Information [Line Items]        
Operating revenue 6 7 14 19
Unallocated        
Segment Reporting Information [Line Items]        
Operating income $ (26) $ (25) $ (94) $ 58