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Segment Information (Tables)

3 Months Ended

Mar. 31, 2026

Segment Reporting [Abstract]

Schedule of Segment Information

Segment operating revenue, significant expenses and operating income for the three months ended March 31, 2026 and 2025 were as follows:

			Three Months Ended
			March 31,
In millions			2026						2025
Operating revenue:
Automotive OEM			$	820					$	786
Food Equipment			637						627
Test & Measurement and Electronics			715						652
Welding			507						472
Polymers & Fluids			452						429
Construction Products			458						443
Specialty Products			431						435
Total segments			4,020						3,844
Intersegment revenue			(4)						(5)
Operating Revenue			$	4,016					$	3,839
Variable cost of revenue:
Automotive OEM			$	442					$	435
Food Equipment			298						284
Test & Measurement and Electronics			309						282
Welding			227						214
Polymers & Fluids			210						205
Construction Products			206						200
Specialty Products			195						201
Total segments			$	1,887					$	1,821
Overhead expenses:
Automotive OEM			$	205					$	200
Food Equipment			182						177
Test & Measurement and Electronics			242						231
Welding			117						105
Polymers & Fluids			116						110
Construction Products			117						113
Specialty Products			101						99
Total segments			$	1,080					$	1,035
Operating income:
Automotive OEM			$	173					$	151
Food Equipment			157						166
Test & Measurement and Electronics			164						139
Welding			163						153
Polymers & Fluids			126						114
Construction Products			135						130
Specialty Products			135						135
Total segments			1,053						988
Unallocated			(33)						(37)
Operating Income			1,020						951
Interest expense			(73)						(68)
Other income (expense)			20						12
Income Before Taxes			$	967					$	895

Segment depreciation and amortization and impairment of intangible assets for the three months ended March 31, 2026 and 2025 was as follows:

			Three Months Ended
			March 31,
In millions			2026						2025
Automotive OEM			$	35					$	32
Food Equipment			10						10
Test & Measurement and Electronics			18						18
Welding			9						8
Polymers & Fluids			9						10
Construction Products			8						8
Specialty Products			10						9
Total			$	99					$	95

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

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X

- References

No definition available.

+ Details

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