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BUSINESS OPTIMIZATION CHARGES (Tables)
12 Months Ended
Dec. 31, 2025
Restructuring and Related Activities [Abstract]  
Business Optimization Charges
We recorded the following charges related to business optimization programs in 2025, 2024 and 2023:
years ended December 31 (in millions)202520242023
Restructuring charges$162 $146 $141 
Costs to implement business optimization programs1
16 16 33 
Total business optimization charges$178 $162 $174 
1 Costs to implement business optimization programs for the years ended December 31, 2025, 2024 and 2023, respectively, consisted primarily of external consulting and transition costs, including employee compensation and related costs. The costs were primarily included within cost of sales and SG&A expenses.
Components of Restructuring Costs During the years ended December 31, 2025, 2024 and 2023, we recorded the following restructuring charges:
2025
(in millions)COGSSG&AR&DTotal
Employee termination costs$36 $62 $11 $109 
Contract termination and other costs11 — 15 
Asset impairments19 19 — 38 
Total restructuring charges$66 $85 $11 $162 
2024
(in millions)COGSSG&AR&DTotal
Employee termination costs$20 $48 $30 $98 
Contract termination and other costs— 
Asset impairments39 — — 39 
Total restructuring charges$62 $54 $30 $146 
2023
(in millions)COGSSG&AR&DTotal
Employee termination costs$20 $91 $10 $121 
Contract termination and other costs(1)— 
Asset impairments11 — 18 
Total restructuring charges$30 $101 $10 $141 
Summary of Activity in Reserves related to Business Optimization Initiatives
The following table summarizes activity in the liability related to our restructuring initiatives.
(in millions)
Liability balance as of December 31, 2022$86 
Charges146 
Payments (101)
Reserve adjustments(23)
Currency translation(13)
Liability balance as of December 31, 202395 
Charges116 
Payments(80)
Reserve adjustments(9)
Liability balance as of December 31, 2024122 
Charges137 
Payments(118)
Reserve adjustments(13)
Currency translation
Liability balance as of December 31, 2025$133