SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2024

Segment Reporting [Abstract]

Schedule of Segment Financial Information

Segment financial information for the three months ended March 31, 2024 is as follows:

In millions	Freight Segment		Transit Segment		Corporate Activities and Elimination		Total
Sales to external customers	$	1,824	$	673	$	—	$	2,497
Intersegment sales/(elimination)	13		11		(24)		—
Total sales	$	1,837	$	684	$	(24)	$	2,497
Income (loss) from operations	$	368	$	74	$	(30)	$	412
Interest expense and other, net	—		—		(49)		(49)
Income (loss) before income taxes	$	368	$	74	$	(79)	$	363

Segment financial information for the three months ended March 31, 2023 is as follows:

In millions	Freight Segment		Transit Segment		Corporate Activities and Elimination		Total
Sales to external customers	$	1,556	$	638	$	—	$	2,194
Intersegment sales/(elimination)	14		11		(25)		—
Total sales	$	1,570	$	649	$	(25)	$	2,194
Income (loss) from operations	$	226	$	70	$	(20)	$	276
Interest expense and other, net	—		—		(43)		(43)
Income (loss) before income taxes	$	226	$	70	$	(63)	$	233

Schedule of Sales by Product

Sales to external customers by product line are as follows:

	Three Months Ended March 31,
In millions	2024		2023
Freight Segment:
Services	$	829	$	707
Equipment	526		404
Components	293		258
Digital Intelligence	176		187
Total Freight Segment	$	1,824	$	1,556
Transit Segment:
Original Equipment Manufacturer	$	310	$	289
Aftermarket	363		349
Total Transit Segment	$	673	$	638