XML 35 R24.htm IDEA: XBRL DOCUMENT
v3.25.3

OTHER (EXPENSE) INCOME, NET | 9 Months Ended
--- | ---
Sep. 30, 2025
Other Income and Expenses [Abstract] |
OTHER (EXPENSE) INCOME, NET | OTHER (EXPENSE) INCOME, NET The components of Other (expense) income, net are as follows:
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
In millions |  | 2025 |  | 2024 |  | 2025 |  | 2024
Foreign currency loss |  | $ | (1) |  |  | $ | (6) |  |  | $ | (15) |  |  | $ | (11) |
(Loss) gain on mark-to-market derivatives |  | (2) |  |  | — |  |  | 30 |  |  | — |
Equity income |  | 1 |  |  | 1 |  |  | 1 |  |  | 3 |
Expected return on pension assets/amortization |  | 3 |  |  | 3 |  |  | 8 |  |  | 7 |
Other miscellaneous expense, net |  | (2) |  |  | (1) |  |  | (3) |  |  | — |
Total Other (expense) income, net |  | $ | (1) |  |  | $ | (3) |  |  | $ | 21 |  |  | $ | (1) |
In connection with the announced definitive agreements to acquire Dellner Couplers and Frauscher, the Company entered into foreign exchange contracts for a notional value of €890 million to mitigate foreign currency exposure of the purchase price. The contracts are not designated as accounting hedges under Topic 815 of ASC, and as such, the gains and losses are recorded as a component of Other (expense) income, net. For the three and nine months ended September 30, 2025, these contracts resulted in a net loss of $(2) million and a net gain of $30 million, respectively.

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

X
- Definition The entire disclosure for other income or other expense items (both operating and nonoperating). Sources of nonoperating income or nonoperating expense that may be disclosed, include amounts earned from dividends, interest on securities, profits (losses) on securities, net and miscellaneous other income or income deductions. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 720 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/720/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Topic 610 -Publisher FASB -URI https://asc.fasb.org/610/tableOfContent + Details
Name: | us-gaap_OtherIncomeAndOtherExpenseDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration