Guarantees (Tables)

3 Months Ended

Mar. 31, 2025

Guarantees [Abstract]

Schedule of Financial Guarantees

As of March 31, 2025 and December 31, 2024, the following financial guarantees were outstanding:

	March 31, 2025				December 31, 2024
(dollars in millions)	Maximum Potential Payment		Carrying Amount of Liability		Maximum Potential Payment		Carrying Amount of Liability
Commercial aerospace financing arrangements	$	265	$	—	$	274	$	—
Third party guarantees	70		—		79		1

Schedule of Product Warranties

The changes in the carrying amount of service and product warranties and product performance guarantees for the quarters ended March 31, 2025 and 2024 were as follows:

(dollars in millions)	2025		2024
Balance as of January 1	$	993	$	1,091
Warranties and performance guarantees issued	80		65
Settlements	(52)		(71)
Other	2		(1)
Balance as of March 31	$	1,023	$	1,084