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ACCRUED LIABILITIES
12 Months Ended
Dec. 31, 2024
Accrued Liabilities, Current [Abstract]  
ACCRUED LIABILITIES ACCRUED LIABILITIES
 December 31,
20242023
Customer advances and deferred income$3,506 $3,499 
Compensation, benefit and other employee related1,366 1,322 
Income taxes961 680 
Repositioning185 279 
Environmental costs244 227 
Accrued interest379 217 
Operating lease liabilities199 196 
Product warranties and performance guarantees202 182 
Other taxes292 176 
Asbestos-related liabilities157 154 
Insurance60 69 
Other (primarily operating expenses)797 808 
Total Accrued liabilities$8,348 $7,809 
1
As of December 31, 2024, Total Accrued liabilities excludes $110 million that are included in Liabilities held for sale in the Consolidated Balance Sheet. Refer to Note 2 Acquisitions, Divestitures, and Assets and Liabilities Held for Sale.