v3.25.4

RESEARCH AND DEVELOPMENT COSTS (Tables) | 12 Months Ended
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Dec. 31, 2025
Research and Development [Abstract] |
Schedule of Research and Development Costs | The following table presents the Company’s gross and net expenditures on R&D activities:
| Year Ended December 31,
(in millions) | 2025 |  | 2024 |  | 2023
Gross R&D expenditures | $ | 823 |  |  | $ | 872 |  |  | $ | 856 |
Customer reimbursements | (113) |  |  | (136) |  |  | (139) |
Net R&D expenditures | $ | 710 |  |  | $ | 736 |  |  | $ | 717 |

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