v3.26.1
REVENUE RECOGNITION (Tables)
 6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Sales
The following table provides disaggregated sales by lines of businesses, geographic destination, market channel or end market, as applicable, for the Company's business segments:
Three months ended
June 30		Six months ended
June 30
(In millions)2026202520262025
Electrical Americas
Products$1,144 $817 $2,164 $1,560 
Systems2,806 2,533 5,387 4,800 
Total$3,951 $3,350 $7,551 $6,360 
Electrical Global
Products$1,627 $1,008 $2,776 $1,946 
Systems890 744 1,687 1,416 
Total$2,517 $1,753 $4,463 $3,362 
Aerospace
Original Equipment Manufacturers$456 $409 $864 $795 
Aftermarket474 396 920 746 
Industrial and Other292 275 578 518 
Total$1,222 $1,080 $2,362 $2,059 
Mobility
Vehicle$684 $663 $1,298 $1,280 
eMobility157 182 309 343 
Total$841 $845 $1,607 $1,623 
Total net sales$8,531 $7,028 $15,982 $13,404 
Schedule of Changes in Deferred Revenue Liabilities
Changes in the deferred revenue liabilities are as follows:
(In millions)Deferred Revenue
Balance at January 1, 2026
$923 
Customer deposits and billings2,365 
Revenue recognized in the period(2,173)
Deferred revenue from business acquisition51 
Translation(7)
Balance at June 30, 2026
$1,159 
(In millions)Deferred Revenue
Balance at January 1, 2025
$618 
Customer deposits and billings1,902 
Revenue recognized in the period(1,862)
Deferred revenue from business acquisitions73 
Translation15 
Balance at June 30, 2025
$746