XML 51 R40.htm IDEA: XBRL DOCUMENT
v3.24.2

SEGMENT INFORMATION (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2024
Segment Reporting [Abstract] |
Schedule of Segment Financial Information | Segment financial information for the three months ended June 30, 2024 is as follows:
In millions | Freight Segment |  | Transit Segment |  | Corporate Activities and Elimination |  | Total
Sales to external customers | $ | 1,920 |  |  | $ | 724 |  |  | $ | — |  |  | $ | 2,644 |
Intersegment sales/(elimination) | 12 |  |  | 10 |  |  | (22) |  |  | — |
Total sales | $ | 1,932 |  |  | $ | 734 |  |  | $ | (22) |  |  | $ | 2,644 |
Income (loss) from operations | $ | 391 |  |  | $ | 82 |  |  | $ | (43) |  |  | $ | 430 |
Interest expense and other, net | — |  |  | — |  |  | (45) |  |  | (45) |
Income (loss) before income taxes | $ | 391 |  |  | $ | 82 |  |  | $ | (88) |  |  | $ | 385 |
Segment financial information for the three months ended June 30, 2023 is as follows:
In millions | Freight Segment |  | Transit Segment |  | Corporate Activities and Elimination |  | Total
Sales to external customers | $ | 1,697 |  |  | $ | 710 |  |  | $ | — |  |  | $ | 2,407 |
Intersegment sales/(elimination) | 15 |  |  | 11 |  |  | (26) |  |  | — |
Total sales | $ | 1,712 |  |  | $ | 721 |  |  | $ | (26) |  |  | $ | 2,407 |
Income (loss) from operations | $ | 269 |  |  | $ | 68 |  |  | $ | (25) |  |  | $ | 312 |
Interest expense and other, net | — |  |  | — |  |  | (53) |  |  | (53) |
Income (loss) before income taxes | $ | 269 |  |  | $ | 68 |  |  | $ | (78) |  |  | $ | 259 |
Segment financial information for the six months ended June 30, 2024 is as follows:
In millions | Freight Segment |  | Transit Segment |  | Corporate Activities and Elimination |  | Total
Sales to external customers | $ | 3,744 |  |  | $ | 1,397 |  |  | $ | — |  |  | $ | 5,141 |
Intersegment sales/(elimination) | 25 |  |  | 21 |  |  | (46) |  |  | — |
Total sales | $ | 3,769 |  |  | $ | 1,418 |  |  | $ | (46) |  |  | $ | 5,141 |
Income (loss) from operations | $ | 759 |  |  | $ | 156 |  |  | $ | (73) |  |  | $ | 842 |
Interest expense and other, net | — |  |  | — |  |  | (94) |  |  | (94) |
Income (loss) before income taxes | $ | 759 |  |  | $ | 156 |  |  | $ | (167) |  |  | $ | 748 |
Segment financial information for the six months ended June 30, 2023 is as follows:
In millions | Freight Segment |  | Transit Segment |  | Corporate Activities and Elimination |  | Total
Sales to external customers | $ | 3,253 |  |  | $ | 1,348 |  |  | $ | — |  |  | $ | 4,601 |
Intersegment sales/(elimination) | 29 |  |  | 22 |  |  | (51) |  |  | — |
Total sales | $ | 3,282 |  |  | $ | 1,370 |  |  | $ | (51) |  |  | $ | 4,601 |
Income (loss) from operations | $ | 495 |  |  | $ | 138 |  |  | $ | (45) |  |  | $ | 588 |
Interest expense and other, net | — |  |  | — |  |  | (96) |  |  | (96) |
Income (loss) before income taxes | $ | 495 |  |  | $ | 138 |  |  | $ | (141) |  |  | $ | 492 |
Schedule of Sales by Product | Sales to external customers by product line are as follows:
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
In millions |  | 2024 |  | 2023 |  | 2024 |  | 2023
Freight Segment: |  |  |  |  |  |  |  |
Services |  | $ | 829 |  |  | $ | 810 |  |  | $ | 1,658 |  |  | $ | 1,517 |
Equipment |  | 570 |  |  | 418 |  |  | 1,096 |  |  | 822 |
Components |  | 322 |  |  | 274 |  |  | 615 |  |  | 532 |
Digital Intelligence |  | 199 |  |  | 195 |  |  | 375 |  |  | 382 |
Total Freight Segment |  | $ | 1,920 |  |  | $ | 1,697 |  |  | $ | 3,744 |  |  | $ | 3,253 |
Transit Segment: |  |  |  |  |  |  |  |
Original Equipment Manufacturer |  | $ | 310 |  |  | $ | 334 |  |  | $ | 620 |  |  | $ | 623 |
Aftermarket |  | 414 |  |  | 376 |  |  | 777 |  |  | 725 |
Total Transit Segment |  | $ | 724 |  |  | $ | 710 |  |  | $ | 1,397 |  |  | $ | 1,348 |

X
- Definition Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-40 + Details
Name: | us-gaap_ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration