Quarterly report pursuant to Section 13 or 15(d)

PRODUCT WARRANTY LIABILITY (Tables)

v3.10.0.1
PRODUCT WARRANTY LIABILITY (Tables)
9 Months Ended
Sep. 30, 2018
Product Warranties Disclosures [Abstract]  
Summary of activity in the product warranty account A tabular reconciliation of the product warranty liability, including the deferred revenue related to our extended warranty coverage and accrued product campaigns were as follows:  
In millions
 
September 30,
2018
 
October 1,
2017
Balance, beginning of year
 
$
1,687

 
$
1,414

Provision for warranties issued
 
793

 
446

Deferred revenue on extended warranty contracts sold
 
211

 
164

Payments made during period
 
(313
)
 
(296
)
Amortization of deferred revenue on extended warranty contracts
 
(179
)
 
(161
)
Changes in estimates for pre-existing warranties
 
18

 
71

Foreign currency translation and other
 
(6
)
 
5

Balance, end of period
 
$
2,211

 
$
1,643

Warranty related deferred revenue and the long-term portion of the warranty liability Warranty related deferred revenues and the long-term portion of the warranty liabilities on our Condensed Consolidated Balance Sheets were as follows:
In millions
 
September 30,
2018
 
December 31,
2017
 
Balance Sheet Location
Deferred revenue related to extended coverage programs
 
 

 
 
 
 
Current portion
 
$
227

 
$
231

 
Current portion of deferred revenue
Long-term portion
 
570

 
536

 
Other liabilities and deferred revenue
Total
 
$
797

 
$
767

 
 
 
 
 
 
 
 
 
Long-term portion of warranty liability
 
$
790

 
$
466

 
Other liabilities and deferred revenue