CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2026	Dec. 31, 2025
Assets
Cash, cash equivalents and restricted cash	$ 531	$ 789
Accounts receivable	1,784	1,410
Unbilled accounts receivable	468	487
Inventories, net	2,850	2,745
Other current assets	340	263
Total current assets	5,973	5,694
Property, plant and equipment, net	1,653	1,616
Goodwill	10,625	10,216
Other intangible assets, net	4,239	3,838
Other noncurrent assets	706	705
Total noncurrent assets	17,223	16,375
Total Assets	23,196	22,069
Liabilities
Accounts payable	1,423	1,402
Customer deposits	1,006	1,015
Accrued compensation	515	490
Accrued warranty	269	266
Current portion of long-term debt	1,830	1,250
Other accrued liabilities	792	727
Total current liabilities	5,835	5,150
Long-term debt	4,708	4,291
Deferred income taxes	729	606
Other long-term liabilities	773	832
Total Liabilities	12,045	10,879
Commitments and contingencies (Note 14)
Equity
Common stock, $.01 par value; 500.0 shares authorized and 171.9 shares issued; 169.9 and 170.6 outstanding at March 31, 2026 and December 31, 2025, respectively	1	1
Additional paid-in capital	8,020	8,069
Treasury stock, at cost, 2.0 and 1.3 shares, at March 31, 2026 and December 31, 2025, respectively	(416)	(190)
Retained earnings	4,187	3,878
Accumulated other comprehensive loss	(689)	(616)
Total Westinghouse Air Brake Technologies Corporation shareholders’ equity	11,103	11,142
Noncontrolling interest	48	48
Total Equity	11,151	11,190
Total Liabilities and Equity	$ 23,196	$ 22,069