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REPOSITIONING AND OTHER CHARGES (Tables)
3 Months Ended
Mar. 31, 2025
Restructuring and Related Activities [Abstract]  
Repositioning and Other Charges
A summary of net repositioning and other charges follows:
Three Months Ended March 31,
 20252024
Severance$24 $33 
Asset impairments
Exit costs11 15 
Reserve adjustments(27)(15)
Total net repositioning charges9 34 
Asbestos-related charges, net of insurance and reimbursements20 18 
Probable and reasonably estimable environmental liabilities, net of reimbursements16 24 
Other charges— 17 
Total net repositioning and other charges$45 $93 
Pretax Distribution of Total Net Repositioning and Other Charges
The following table summarizes the pre-tax distribution of total net repositioning and other charges by classification in the Consolidated Statement of Operations:
 Three Months Ended March 31,
 20252024
Cost of products and services sold$37 $58 
Selling, general and administrative expenses18 
Other (income) expense— 17 
Total net repositioning and other charges$45 $93 
Pretax Impact of Total Net Repositioning and Other Charges by Segment
The following table summarizes the pre-tax amount of total net repositioning and other charges by reportable business segment. These amounts are excluded from segment profit as described in Note 18 Segment Financial Data:
Three Months Ended March 31,
 20252024
Aerospace Technologies$(7)$
Industrial Automation17 
Building Automation11 
Energy and Sustainability Solutions— 18 
Corporate and All Other34 49 
Total net repositioning and other charges$45 $93 
Total Repositioning Reserves
The following table summarizes the status of the Company's repositioning reserves, excluding amounts that are included in Liabilities held for sale in the Consolidated Balance Sheet:
Severance
Costs
Asset
Impairments
Exit
Costs
Total
Balance at December 31, 2024
$178 $ $7 $185 
Charges24 11 36 
Usage—cash(29)— (14)(43)
Usage—noncash— (1)— (1)
Foreign currency translation— — 
Adjustments(19)— (1)(20)
Balance at March 31, 2025
$156 $ $3 $159