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v3.26.1

Related Party Transactions (Details) - USD ($) | 3 Months Ended |
--- | --- | ---
Mar. 31, 2026 | Mar. 31, 2025 | Dec. 31, 2025
Related Party Transaction [Line Items] |  |  |  |
Share-based payment arrangement, expense |  | $ 5,000,000 | $ 6,000,000 |
Net sales |  | 991,000,000 | 897,000,000 |
Accounts receivable, less allowances | [1] | 632,000,000 |  | $ 645,000,000
Accounts payable | [2] | $ 910,000,000 |  | 909,000,000
Honeywell |  |  |  |
Related Party Transaction [Line Items] |  |  |  |
Related party transaction, purchases from related party |  |  | 3,000,000 |
Honeywell | Spinoff |  |  |  |
Related Party Transaction [Line Items] |  |  |  |
Restructuring, parent support, transition period |  | 24 months |  |
Restructuring, parent support, guarantor of debt, transition period |  | 12 months |  |
Related Party |  |  |  |
Related Party Transaction [Line Items] |  |  |  |
Share-based payment arrangement, expense |  | $ 0 | 6,000,000 |
Service Cost |  | 0 | 1,000,000 |
Accounts receivable, less allowances |  | 40,000,000 |  | 45,000,000
Accounts payable |  | 6,000,000 |  | 2,000,000
Affiliated Entity |  |  |  |
Related Party Transaction [Line Items] |  |  |  |
Net sales |  | 16,000,000 | 13,000,000 |
Accounts receivable, less allowances |  | 40,000,000 |  | 45,000,000
Related party transaction, purchases from related party |  | 5,000,000 | 8,000,000 |
Accounts payable |  | 6,000,000 |  | 2,000,000
Affiliated Entity | ConverDyn |  |  |  |
Related Party Transaction [Line Items] |  |  |  |
Current liabilities |  | $ 71,000,000 |  | 69,000,000
Accounts payable, interest-bearing, interest rate |  | 2.00% |  |
Product loans receivable |  | $ 184,000,000 |  | 178,000,000
Other receivables |  | 0 |  | 0
Unbilled contracts receivable |  | 7,000,000 |  | $ 7,000,000
Management Cost and Corporate Support Services | Related Party |  |  |  |
Related Party Transaction [Line Items] |  |  |  |
Related party transaction, amounts of transaction |  | $ 0 | $ 54,000,000 |
[1] | Accounts receivable include related party receivables of $40 million and $45 million as of March 31, 2026 and December 31, 2025, respectively.
[2] | Accounts payable include related party accounts payables of $6 million and $2 million as of March 31, 2026 and December 31, 2025, respectively.

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