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GOODWILL AND INTANGIBLES

12 Months Ended

Dec. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND INTANGIBLES

GOODWILL AND INTANGIBLES

Goodwill

The following table provides disclosure of goodwill by segment as of December 31, 2025 and 2024. During 2025, the Company moved the HVAC business from the Safety Services segment to the Specialty Services segment, and segment-related prior period amounts have been recast to reflect this adjustment as of the beginning of the period presented. As a result of the reallocation of goodwill between reportable segments, the Company performed an impairment test for the impacted reporting unit pre-realignment and post-realignment and there was no impairment to be recorded. The changes in the carrying amount of goodwill by reportable segment for the years ended December 31, 2025 and 2024 are as follows:

			Safety Services						Specialty Services						Total Goodwill
Goodwill as of December 31, 2023			$	2,241					$	230					$	2,471
Acquisitions			510						3						513
Foreign currency translation and other, net (1)			(90)						—						(90)
Goodwill as of December 31, 2024			2,661						233						2,894
Acquisitions			119						7						126
Foreign currency translation and other, net (1)			147						—						147
Goodwill as of December 31, 2025			$	2,927					$	240					$	3,167

(1)Other includes immaterial measurement period adjustments related to acquisitions for which the measurement period was open at the beginning of the year (see Note 4 – "Business Combinations").

Intangibles

The Company's identifiable intangible assets are comprised of the following as of December 31, 2025 and 2024:

			December 31, 2025
			Weighted- Average Remaining Useful Lives (in Years)						Gross Carrying Amount						Accumulated Amortization						Net Carrying Amount
Amortized intangibles:
Contractual backlog			0.8						$	169					$	(168)					$	1
Customer relationships			8.7						1,897						(869)						1,028
Trade names and trademarks			10.6						801						(246)						555
Total									$	2,867					$	(1,283)					$	1,584

			December 31, 2024
			Weighted- Average Remaining Useful Lives (in Years)						Gross Carrying Amount						Accumulated Amortization						Net Carrying Amount
Amortized intangibles:
Contractual backlog			1.3						$	171					$	(158)					$	13
Customer relationships			9.0						1,753						(672)						1,081
Trade names and trademarks			11.1						748						(182)						566
Total									$	2,672					$	(1,012)					$	1,660

Approximate annual aggregate amortization expense of the intangible assets for the five years subsequent to December 31, 2025, is as follows:

Years ending December 31:
2026			$	243
2027			218
2028			149
2029			146
2030			143
Thereafter			685
Total			$	1,584

Amortization expense recognized on identifiable intangible assets are as follows:

			Year Ended December 31,
			2025						2024						2023
Cost of revenues			$	14					$	6					$	27
Selling, general, and administrative expenses			228						216						197
Total intangible asset amortization expense			$	242					$	222					$	224

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- References

No definition available.

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- Definition

The entire disclosure for goodwill and intangible assets.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 30
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/350-30/tableOfContent

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/350-20/tableOfContent

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