v3.25.4
RESTRUCTURING AND ASSET RELATED CHARGES - NET (Tables)
 12 Months Ended
Dec. 31, 2025
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring Charges
The following table summarizes the charges incurred by segment related to the Transformational Separation-Related Restructuring Program:
Transformational Separation-Related Restructuring Program Charges by Segment2025
(In millions) For the year ended December 31,
Healthcare & Water Technologies$15 
Diversified Industrials13 
Corporate41 
Total$69 
The following table summarizes the charges incurred by segment related to the 2023-2024 Restructuring Program:
2023-2024 Restructuring Program Charges by Segment202520242023
(In millions) For the years ended December 31,
Healthcare & Water Technologies 1
$(2)$11 $38 
Diversified Industrials3 48 19 
Corporate(2)— 32 
Total$(1)$59 $89 
1.Amount excludes inventory write-offs recorded during 2024. Refer to Note 23 for additional information.
Schedule of Restructuring Reserve
The following table summarizes the activities related to the Transformational Separation-Related Restructuring Program:
Transformational Separation-Related Restructuring ProgramSeverance and Related Benefit CostAsset Related ChargesTotal
In millions
Reserve balance at December 31, 2024$— $— $— 
Restructuring charges52 12 64 
Adjustments against the reserve— (12)(12)
Cash payments(18)— (18)
Reserve balance at December 31, 2025
$34 $— $34 
The following table summarizes the activities related to the 2023-2024 Restructuring Program:
2023-2024 Restructuring ProgramSeverance and Related Benefit CostAsset Related ChargesTotal
In millions
Reserve balance at December 31, 2023$58 $— $58 
Restructuring charges24 35 59 
Reductions against the reserve(3)(35)(38)
Cash payments(46)— (46)
Reserve balance at December 31, 2024$33 $— $33 
Restructuring charges(2)1 (1)
Adjustments against the reserve1 (1)— 
Cash payments(22)— (22)
Reserve balance at December 31, 2025$10 $— $10