v3.26.1
Restructuring (Tables)
 6 Months Ended
Jun. 30, 2026
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring and Related Costs
The related restructuring charges for periods presented were recorded in the consolidated statements of income as follows:
Three months ended June 30,Six months ended June 30,
(Millions)2026202520262025
Cost of product$9 $— $10 $— 
Cost of software and rentals— — — — 
Selling, general and administrative expenses33 — 66 — 
Research and development expenses— — 3 — 
Total operating income impact$42 $— $79 $— 
The related restructuring charges for periods presented were recorded in the consolidated statements of income as follows:
Three months ended June 30,Six months ended June 30,
(Millions)2026202520262025
Cost of product$— $1 $— $11 
Cost of software and rentals— — — — 
Selling, general and administrative expenses— 5 3 10 
Research and development expenses— 2 — 5 
Total operating income impact$— $8 $3 $26 
Schedule of Restructuring Reserve by Type of Cost
Restructuring actions, including cash and non-cash impacts, are as follows:
(Millions)Employee Termination BenefitsOther Restructuring-relatedTotal
Expense incurred in 2025$42 $11 $53 
Non-cash changes(4)— (4)
Cash payments(4)(7)(11)
Accrued liabilities as of December 31, 2025$34 $5 $39 
Expense incurred in first quarter of 2026$2 $35 $37 
Non-cash changes2 — 2 
Cash payments(16)(6)(22)
Accrued liabilities as of March 31, 2026$22 $34 $56 
Expense incurred in second quarter of 2026$11 $31 $42 
Non-cash changes— (8)(8)
Cash payments(10)(39)(48)
Accrued liabilities as of June 30, 2026$24 $18 $42 
Restructuring actions, including cash and non-cash impacts, are as follows:
(Millions)Employee Termination Benefits and Other
Accrued liabilities as of December 31, 2024$53 
Expense incurred in 202527 
Non-cash changes(4)
Cash payments(67)
Accrued liabilities as of December 31, 2025$9 
Expense incurred in first quarter of 2026$3 
Cash payments(6)
Accrued liabilities as of March 31, 2026$6 
Expense incurred in second quarter of 2026$— 
Cash payments(3)
Accrued liabilities as of June 30, 2026$3