CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Assets
Cash, cash equivalents and restricted cash	$ 715	$ 620
Accounts receivable	1,152	1,160
Unbilled accounts receivable	550	524
Inventories, net	2,314	2,284
Other current assets	212	267
Total current assets	4,943	4,855
Property, plant and equipment, net	1,447	1,485
Goodwill	8,710	8,780
Other intangible assets, net	2,934	3,205
Other noncurrent assets	668	663
Total noncurrent assets	13,759	14,133
Total Assets	18,702	18,988
Liabilities
Accounts payable	1,300	1,250
Customer deposits	693	804
Accrued compensation	425	341
Accrued warranty	248	220
Current portion of long-term debt	500	781
Other accrued liabilities	626	660
Total current liabilities	3,792	4,056
Long-term debt	3,480	3,288
Accrued postretirement and pension benefits	58	62
Deferred income taxes	376	318
Other long-term liabilities	863	740
Total Liabilities	8,569	8,464
Commitments and contingencies (Note 18)
Equity
Common stock, $.01 par value; 500.0 shares authorized and 226.9 shares issued; 171.3 and 177.8 shares outstanding at December 31, 2024 and 2023, respectively	2	2
Additional paid-in capital	8,023	7,977
Treasury stock, at cost, 55.6 and 49.1 shares, at December 31, 2024 and 2023, respectively	(3,273)	(2,171)
Retained earnings	6,185	5,269
Accumulated other comprehensive loss	(846)	(590)
Total Westinghouse Air Brake Technologies Corporation shareholders’ equity	10,091	10,487
Noncontrolling interest	42	37
Total Equity	10,133	10,524
Total Liabilities and Equity	$ 18,702	$ 18,988