v3.23.3
RESEARCH AND DEVELOPMENT COSTS (Tables)
9 Months Ended
Sep. 30, 2023
Research and Development [Abstract]
Schedule of Research and Development Costs
The following table presents the Company’s gross and net expenditures on R&D activities:
Three Months Ended September 30,
Nine Months Ended September 30,
(
in millions
)
2023
2022
2023
2022
Gross R&D expenditures
$
215
$
190
$
625
$
566
Customer reimbursements
(23)
(12)
(84)
(32)
Net R&D expenditures
$
192
$
178
$
541
$
534
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