Quarterly report pursuant to Section 13 or 15(d)

PRODUCT WARRANTY LIABILITY (Details 1) Warranty Footnote Disclosure

v3.21.2
PRODUCT WARRANTY LIABILITY (Details 1) Warranty Footnote Disclosure - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Oct. 03, 2021
Sep. 27, 2020
Oct. 03, 2021
Sep. 27, 2020
Dec. 31, 2020
Product Warranties Disclosures [Abstract]          
Balance, beginning of year     $ 2,307 $ 2,389  
Provision for base warranties issued     431 277  
Deferred revenue on extended warranty contracts sold     210 172  
Provision for product campaigns issued     162 27  
Payments made during period     (409) (424)  
Amortization of deferred revenue on extended warranty contracts     (191) (169)  
Changes in estimates for pre-existing product warranties     (131) (41)  
Foreign currency translation and other     (4) (6)  
Balance, end of period $ 2,375 $ 2,225 2,375 2,225  
Supplier recoveries 88 $ 5 97 $ 16  
Product Warranty Liability          
Current portion of warranty related deferred revenue 806   806   $ 691
Long term portion of warranty related deferred revenue 836   836   840
Deferred Revenue Related to extended coverage, Total 978   978   961
Current portion of accrued product warranty 694   694   674
Long-term portion of accrued product warranty 703   703   672
Standard Product Warranty Accrual 1,397   1,397   1,346
Current portion of deferred revenue          
Product Warranty Liability          
Current portion of warranty related deferred revenue 283   283   261
Deferred revenue          
Product Warranty Liability          
Long term portion of warranty related deferred revenue 695   695   700
Current portion of accrued product warranty          
Product Warranty Liability          
Current portion of accrued product warranty 694   694   674
Accrued product warranty          
Product Warranty Liability          
Long-term portion of accrued product warranty $ 703   $ 703   $ 672