Annual report pursuant to Section 13 and 15(d)

INCOME TAXES (Details 2) Carryforward Deferred Tax Asset/Liability, BS Disclosure, Recon. of Unrecognized Tax Benefits

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INCOME TAXES (Details 2) Carryforward Deferred Tax Asset/Liability, BS Disclosure, Recon. of Unrecognized Tax Benefits - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Deferred tax assets:      
U.S. and state carryforward benefits $ 223 $ 207  
Foreign carryforward benefits 159 157  
Employee benefit plans 273 279  
Warranty expenses 445 427  
Lease liabilities 107 122  
Accrued expenses 93 76  
Other 52 44  
Gross deferred tax assets 1,352 1,312  
Valuation allowance (346) (317)  
Deferred Tax Assets, Net of Valuation Allowance 1,006 995  
Deferred tax liabilities:      
Property, plant and equipment (258) (260)  
Unremitted income of foreign subsidiaries and joint ventures (185) (181)  
Employee benefit plans (229) (222)  
Lease assets (103) (120)  
Other (77) (77)  
Deferred Tax Liabilities, Gross 852 860  
Deferred Tax Assets, Net 154 135  
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount 29    
Balance Sheet Related Disclosures      
Refundable income taxes 172 191  
Deferred income taxes 479 441 $ 410
Long-term refundable income taxes 23 23  
Taxes Payable, Current 82 52  
Taxes Payable, Non-Current 289 293  
Deferred Tax Liabilities, Net 325 306  
Reconciliation of unrecognized tax benefits      
Beginning balance 77 71 41
Additions to current year tax positions 9 23 10
Additions to prior years' tax positions 49 5 27
Reductions to prior years' tax positions (13) (11) (2)
Reductions for tax positions due to settlements with taxing authorities 0 (11) (5)
Ending balance 122 77 71
Unrecognized tax benefits that would impact effective tax rate 114 69 62
Unrecognized tax benefits, interest accrued $ 17 $ 5 $ 4