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SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Summary of Segment Financial Information

During 2024, Company management determined that certain parts of the business would be better aligned with management oversight in different product lines. These changes were immaterial to the individual product lines and segments affected, and historical amounts have been reclassified to conform to the current period presentation.

Segment financial information for 2024 is as follows:
In millions						Freight Segment						Transit Segment						Corporate Activities and Elimination						Total
Sales to external customers						$	7,468					$	2,919					$	—					$	10,387
Cost of sales						(4,945)						(2,076)						—						(7,021)
Gross profit						$	2,523					$	843					$	—					$	3,366
Gross margin						33.8		%				28.9		%
Selling, general & administrative expenses						$	(664)					$	(433)					$	(151)					$	(1,248)
Engineering expenses						(164)						(42)						—						(206)
Amortization expense						(273)						(30)						—						(303)
Income (loss) from operations						1,422						338						(151)						1,609
Interest expense and other, net						—						—						(199)						(199)
Income (loss) before income taxes						$	1,422					$	338					$	(350)					$	1,410
Intersegment sales/(elimination)						$	48					$	59					$	(107)					$	—
Depreciation and amortization						$	413					$	73					$	17					$	503
Capital expenditures						$	140					$	62					$	5					$	207
Segment assets						$	13,176					$	3,861					$	1,665					$	18,702

Segment financial information for 2023 is as follows:
In millions						Freight Segment						Transit Segment						Corporate Activities and Elimination						Total
Sales to external customers						$	6,923					$	2,754					$	—					$	9,677
Cost of sales						(4,742)						(1,991)						—						(6,733)
Gross profit						$	2,181					$	763					$	—					$	2,944
Gross margin						31.5		%				27.7		%
Selling, general & administrative expenses						$	(637)					$	(408)					$	(94)					$	(1,139)
Engineering expenses						(180)						(38)						—						(218)
Amortization expense						(299)						(22)						—						(321)
Income (loss) from operations						1,065						295						(94)						1,266
Interest expense and other, net						—						—						(174)						(174)
Income (loss) before income taxes						$	1,065					$	295					$	(268)					$	1,092
Intersegment sales/(elimination)						$	58					$	42					$	(100)					$	—
Depreciation and amortization						$	442					$	72					$	17					$	531
Capital expenditures						$	119					$	58					$	9					$	186
Segment assets						$	13,417					$	3,944					$	1,627					$	18,988

Segment financial information for 2022 is as follows:
In millions						Freight Segment						Transit Segment						Corporate Activities and Elimination						Total
																											Sales to external customers						$	5,979					$	2,383					$	—					$	8,362
																											Cost of sales						(4,090)						(1,732)						—						(5,822)
Gross profit						$	1,889					$	651					$	—					$	2,540
Gross margin						31.6		%				27.3		%
Selling, general & administrative expenses						$	(580)					$	(365)					$	(84)					$	(1,029)
Engineering expenses						(177)						(32)						—						(209)
Amortization expense						(272)						(19)						—						(291)
Income (loss) from operations						860						235						(84)						1,011
Interest expense and other, net						—						—						(157)						(157)
Income (loss) before income taxes						$	860					$	235					$	(241)					$	854
Intersegment sales/(elimination)						$	48					$	32					$	(80)					$	—
Depreciation and amortization						$	398					$	61					$	20					$	479
Capital expenditures						$	86					$	55					$	8					$	149

Summary of Geographic Area Data

The following geographic area data as of and for the years ended December 31, 2024, 2023 and 2022, respectively, includes net sales based on product shipment destination and long-lived assets, which consist of property, plant and equipment, net of depreciation, resident in their respective countries:

						Net Sales																		Long-Lived Assets
In millions						2024						2023						2022						2024						2023
United States						$	4,924					$	4,553					$	3,734					$	927					$	948
Canada						616						531						454						7						7
Mexico						275						347						287						34						23
North America						5,815						5,431						4,475						968						978
South America						445						346						336						40						47
Germany						371						347						339						54						54
France						369						346						273						59						58
United Kingdom						296						248						213						33						44
Italy						166						183						163						38						37
Other Europe						612						520						458						58						60
Europe						1,814						1,644						1,446						242						253
India						579						593						531						119						122
Kazakhstan / CIS						559						457						399						34						39
Australia / New Zealand						481						451						465						16						15
China						242						286						244						25						28
Other Asia / Middle East						258						240						183						—						—
Egypt						28						120						164						—						—
Other Africa						166						109						119						3						3
Total						$	10,387					$	9,677					$	8,362					$	1,447					$	1,485

Summary of Sales by Product

Net sales to external customers by product line are as follows:

In millions						2024						2023						2022
Freight Segment:
Services						$	3,381					$	3,262					$	2,819
Equipment						2,108						1,794						1,547
Components						1,193						1,094						884
Digital Intelligence						786						773						729
Total Freight Segment sales						$	7,468					$	6,923					$	5,979
Transit Segment:
Original Equipment Manufacturer						$	1,308					$	1,264					$	1,117
Aftermarket						1,611						1,490						1,266
Total Transit Segment sales						$	2,919					$	2,754					$	2,383

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.

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Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

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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.

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