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REVENUE RECOGNITION (Tables)
12 Months Ended
Dec. 31, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Sales
The following table provides disaggregated sales by lines of businesses, geographic destination, market channel or end market, as applicable, for the Company's operating segments:
(In millions)202420232022
Electrical Americas
Products$3,009 $2,949 $2,732 
Systems8,426 7,149 5,765 
Total$11,436 $10,098 $8,497 
Electrical Global
Products$3,493 $3,462 $3,424 
Systems2,755 2,622 2,424 
Total$6,248 $6,084 $5,848 
Aerospace
Original Equipment Manufacturers$1,500 $1,350 $1,209 
Aftermarket1,312 1,183 977 
Industrial and Other931 878 854 
Total$3,744 $3,413 $3,039 
Vehicle
Commercial$1,707 $1,784 $1,736 
Passenger and Light Duty1,083 1,180 1,094 
Total$2,790 $2,965 $2,830 
eMobility$662 $636 $538 
Total net sales$24,878 $23,196 $20,752 
Schedule of Changes in Deferred Revenue Liabilities
Changes in the deferred revenue liabilities are as follows:
(In millions)Deferred Revenue
Balance at January 1, 2023
$508 
Customer deposits and billings2,368 
Revenue recognized in the period(2,256)
Translation
Balance at December 31, 2023
$626 
Customer deposits and billings2,719 
Revenue recognized in the period(2,712)
Translation(15)
Balance at December 31, 2024
$618