The following table reconciles the changes in the Company’s product warranty reserve for the three months ended March 31, 2026 and 2025:


In millions	2026		2025
Balance at beginning of year	$	289	$	274
Warranty expense	27		26
Warranty claim payments	(27)		(31)
Acquisitions	6		—
Foreign currency impact/other	(3)		3
Balance at March 31	$	292	$	272