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RESTRUCTURING COSTS (Tables)

6 Months Ended

Jun. 30, 2025

Restructuring and Related Activities [Abstract]

Schedule of Net Pre-Tax Restructuring Costs

The Company recorded net pre-tax restructuring costs for new and ongoing restructuring initiatives as follows:

			Three Months Ended  June 30,												Six Months Ended June 30,
(In millions)			2025						2024						2025						2024
Climate Solutions Americas			$	1					$	2					$	4					$	1
Climate Solutions Europe			26						17						26						27
Climate Solutions Asia Pacific, Middle East & Africa			7						6						8						4
Climate Solutions Transportation			1						1						2						1
Total Segment			35						26						40						33
Corporate and other			12						3						15						4
Total restructuring costs (1)			$	47					$	29					$	55					$	37
Cost of sales			$	8					$	13					$	10					$	21
Selling, general and administrative			39						16						45						16
Total restructuring costs (1)			$	47					$	29					$	55					$	37

(1) Restructuring costs include period-related charges.

Schedule of Reserve and Charges Relating to Restructuring Reserve

The following table summarizes changes in the restructuring reserve, included in Accrued liabilities on the accompanying Unaudited Condensed Consolidated Balance Sheet:

						Six Months Ended June 30,
(In millions)						2025						2024
Balance as of January 1,						$	69					$	41
Net pre-tax restructuring costs						44						34
Acquisitions						—						8
Utilization, foreign exchange and other						(37)						(32)
Balance as of June 30,						$	76					$	51

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- Definition

Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets.

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-Topic 420
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Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period.

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-Topic 420
-SubTopic 10
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-Section S99
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-Subparagraph (SAB Topic 5.P.4.b.2)
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