Restructuring Actions (Tables)

9 Months Ended

Sep. 30, 2025

Restructuring and Related Activities [Abstract]

Schedule of Restructuring and Related Costs

The related restructuring charges for periods presented were recorded in the income statement as follows:

	Three months ended September 30,			Nine months ended September 30,
(Millions)		2024		2025		2024
Cost of sales		$	19	$	1	$	23
Selling, general and administrative expenses		18		20		141
Research, development and related expenses		3		—		14
Total operating income impact		$	40	$	21	$	178

The business segment operating income impact of these restructuring charges is summarized as follows:

	Three months ended September 30,
	2024
(Millions)	Employee related		Asset-related and other		Total
Safety and Industrial	$	15	$	3	$	18
Transportation and Electronics	8		1		9
Consumer	4		9		13
Total operating expense	$	27	$	13	$	40

	Nine months ended September 30,
	2025		2024
(Millions)	Employee Related		Employee Related		Asset-Related and Other		Total
Safety and Industrial	$	10	$	54	$	28	$	82
Transportation and Electronics	7		24		19		43
Consumer	4		13		20		33
Corporate and Other	—		6		14		20
Total operating expense	$	21	$	97	$	81	$	178

Schedule of Restructuring Reserve by Type of Cost

Restructuring actions, including cash and non-cash impacts, follow:

(Millions)	Employee-related
Accrued restructuring action balance as of December 31, 2024	$	80
Incremental expense incurred in the first quarter of 2025	13
Incremental expense incurred in the second quarter of 2025	8
Adjustments	(12)
Cash payments	(65)
Accrued restructuring action balance as of September 30, 2025	$	24

(Millions)	Employee-related
Accrued restructuring action balance as of December 31, 2024	$	86
Incremental expense incurred in the first quarter of 2025	5
Incremental expense incurred in the second quarter of 2025	4
Adjustments	(8)
Cash payments	(35)
Accrued restructuring action balance as of September 30, 2025	$	52