Otis Worldwide OTIS Restructuring Reserve
Restructuring Reserve at other companies
Other financials
Where this comes from
Reported directly by Otis Worldwide in its filing.
Tagged under the XBRL concept us-gaap:RestructuringReserve.
The official record: Otis Worldwide’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Otis Worldwide's restructuring reserve?
- Otis Worldwide (OTIS) reported restructuring reserve of $54M in Q1 2026.
- How has Otis Worldwide's restructuring reserve changed year-over-year?
- Otis Worldwide's restructuring reserve decreased by 1.8% year-over-year, from $55M to $54M.
- What is the long-term trend for Otis Worldwide's restructuring reserve?
- Over 4 years (2021 to 2025), Otis Worldwide's restructuring reserve has grown at a 12.0% compound annual growth rate (CAGR), from $47M to $74M.
- What does restructuring reserve mean?
- This represents the estimated liability for costs associated with formal restructuring plans, such as severance, facility closures, or asset impairments. It reflects management's commitment to operational efficiency and strategic realignment. These reserves are drawn down as the restructuring activities are executed.