SEGMENT INFORMATION (Tables)

9 Months Ended

Sep. 30, 2024

Segment financial information for the three months ended September 30, 2024 is as follows:


In millions	Freight Segment		Transit Segment		Corporate Activities and Elimination		Total
Sales to external customers	$	1,930	$	733	$	—	$	2,663
Intersegment sales/(elimination)	12		23		(35)		—
Total sales	$	1,942	$	756	$	(35)	$	2,663
Income (loss) from operations	$	390	$	79	$	(36)	$	433
Interest expense and other, net	—		—		(55)		(55)
Income (loss) before income taxes	$	390	$	79	$	(91)	$	378

Segment financial information for the three months ended September 30, 2023 is as follows:


In millions	Freight Segment		Transit Segment		Corporate Activities and Elimination		Total
Sales to external customers	$	1,881	$	669	$	—	$	2,550
Intersegment sales/(elimination)	18		9		(27)		—
Total sales	$	1,899	$	678	$	(27)	$	2,550
Income (loss) from operations	$	325	$	70	$	(25)	$	370
Interest expense and other, net	—		—		(50)		(50)
Income (loss) before income taxes	$	325	$	70	$	(75)	$	320

Segment financial information for the nine months ended September 30, 2024 is as follows:


In millions	Freight Segment		Transit Segment		Corporate Activities and Elimination		Total
Sales to external customers	$	5,674	$	2,130	$	—	$	7,804
Intersegment sales/(elimination)	37		44		(81)		—
Total sales	$	5,711	$	2,174	$	(81)	$	7,804
Income (loss) from operations	$	1,149	$	235	$	(109)	$	1,275
Interest expense and other, net	—		—		(149)		(149)
Income (loss) before income taxes	$	1,149	$	235	$	(258)	$	1,126

Segment financial information for the nine months ended September 30, 2023 is as follows:


In millions	Freight Segment		Transit Segment		Corporate Activities and Elimination		Total
Sales to external customers	$	5,134	$	2,017	$	—	$	7,151
Intersegment sales/(elimination)	47		31		(78)		—
Total sales	$	5,181	$	2,048	$	(78)	$	7,151
Income (loss) from operations	$	820	$	208	$	(70)	$	958
Interest expense and other, net	—		—		(146)		(146)
Income (loss) before income taxes	$	820	$	208	$	(216)	$	812

Sales to external customers by product line are as follows:


	Three Months Ended September 30,				Nine Months Ended September 30,
In millions	2024		2023		2024		2023
Freight Segment:
Services	$	917	$	787	$	2,575	$	2,304
Equipment	513		620		1,609		1,442
Components	296		293		911		825
Digital Intelligence	204		181		579		563
Total Freight Segment	$	1,930	$	1,881	$	5,674	$	5,134

Transit Segment:
Original Equipment Manufacturer	$	349	$	308	$	969	$	931
Aftermarket	384		361		1,161		1,086
Total Transit Segment	$	733	$	669	$	2,130	$	2,017