Quarterly report pursuant to Section 13 or 15(d)

PRODUCT WARRANTY LIABILITY (Details 1) Warranty Footnote Disclosure

v3.23.1
PRODUCT WARRANTY LIABILITY (Details 1) Warranty Footnote Disclosure - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2022
Product Warranties Disclosures [Abstract]      
Balance, beginning of year $ 2,477 $ 2,425  
Provision for base warranties issued 146 123  
Deferred revenue on extended warranty contracts sold 102 70  
Provision for product campaigns issued 6 42  
Payments made during period (143) (132)  
Amortization of deferred revenue on extended warranty contracts (75) (73)  
Changes in estimates for pre-existing product warranties and campaigns 10 (26)  
Acquisitions 0 95  
Foreign currency translation adjustments and other 7 (1)  
Balance, end of period 2,530 2,523  
Supplier recoveries 10 $ 13  
Product Warranty Liability      
Current portion of warranty related deferred revenue 1,040   $ 1,004
Long term portion of warranty related deferred revenue 937   844
Deferred Revenue Related to extended coverage, Total 1,031   1,007
Current portion of accrued product warranty 746   726
Long-term portion of accrued product warranty 753   744
Standard Product Warranty Accrual 1,499   1,470
Current portion of deferred revenue      
Product Warranty Liability      
Current portion of warranty related deferred revenue 289   290
Deferred revenue      
Product Warranty Liability      
Long term portion of warranty related deferred revenue 742   717
Current portion of accrued product warranty      
Product Warranty Liability      
Current portion of accrued product warranty 746   726
Other liabilities      
Product Warranty Liability      
Long-term portion of accrued product warranty $ 753   $ 744