XML 88 R78.htm IDEA: XBRL DOCUMENT v3.25.2
SEGMENT FINANCIAL DATA - Schedule of Net Sales and Geographic External Sales (Details)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2025
USD ($)
Jun. 30, 2024
USD ($)
Jun. 30, 2025
USD ($)
segment
Jun. 30, 2024
USD ($)
Segment Reporting Information [Line Items]        
Number of operating segments | segment     4  
Number of reportable segments | segment     4  
Net sales $ 6,113 $ 5,934 $ 11,331 $ 11,354
Research and development (161) (160) (314) (352)
Selling, general and administrative (813) (789) (1,542) (1,596)
Equity method investment net earnings 78 90 122 121
Other income (expense), net 30 8 52 (24)
Operating profit 903 724 1,532 1,109
United States        
Segment Reporting Information [Line Items]        
Net sales 3,429 3,077 6,168 5,624
Europe        
Segment Reporting Information [Line Items]        
Net sales 1,520 1,678 2,920 3,429
Asia Pacific        
Segment Reporting Information [Line Items]        
Net sales 981 1,003 1,922 1,963
Other        
Segment Reporting Information [Line Items]        
Net sales 183 176 321 338
Operating Segments        
Segment Reporting Information [Line Items]        
Net sales 6,113 5,934 11,331 11,354
Cost of goods sold (4,116) (4,066) (7,685) (7,809)
Research and development (141) (144) (276) (318)
Selling, general and administrative (735) (720) (1,423) (1,448)
Equity method investment net earnings 78 89 122 120
Other income (expense), net 42 8 65 15
Operating profit 1,241 1,101 2,134 1,914
Operating Segments | Climate Solutions Americas        
Segment Reporting Information [Line Items]        
Net sales 3,252 2,865 5,824 5,225
Cost of goods sold (2,061) (1,868) (3,761) (3,491)
Research and development (89) (91) (175) (200)
Selling, general and administrative (277) (237) (527) (467)
Equity method investment net earnings 43 44 69 66
Other income (expense), net 11 0 19 5
Operating profit 879 713 1,449 1,138
Operating Segments | Climate Solutions Europe        
Segment Reporting Information [Line Items]        
Net sales 1,253 1,194 2,422 2,486
Cost of goods sold (883) (834) (1,671) (1,659)
Research and development (19) (19) (37) (42)
Selling, general and administrative (260) (248) (517) (523)
Equity method investment net earnings 1 (1) (1) (2)
Other income (expense), net 7 1 8 0
Operating profit 99 93 204 260
Operating Segments | Climate Solutions Asia Pacific, Middle East & Africa        
Segment Reporting Information [Line Items]        
Net sales 882 902 1,708 1,786
Cost of goods sold (654) (648) (1,263) (1,291)
Research and development (16) (16) (31) (36)
Selling, general and administrative (126) (131) (238) (258)
Equity method investment net earnings 30 43 48 50
Other income (expense), net 19 7 32 14
Operating profit 135 157 256 265
Operating Segments | Climate Solutions Transportation        
Segment Reporting Information [Line Items]        
Net sales 726 973 1,377 1,857
Cost of goods sold (518) (716) (990) (1,368)
Research and development (17) (18) (33) (40)
Selling, general and administrative (72) (104) (141) (200)
Equity method investment net earnings 4 3 6 6
Other income (expense), net 5 0 6 (4)
Operating profit $ 128 $ 138 $ 225 $ 251