Quarterly report pursuant to Section 13 or 15(d)

PRODUCT WARRANTY LIABILITY (Details 1) Warranty Footnote Disclosure

v3.23.2
PRODUCT WARRANTY LIABILITY (Details 1) Warranty Footnote Disclosure - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Dec. 31, 2022
Product Warranties Disclosures [Abstract]          
Balance, beginning of year     $ 2,477 $ 2,425  
Provision for base warranties issued     301 267  
Deferred revenue on extended warranty contracts sold     166 145  
Provision for product campaigns issued     12 65  
Payments made during period     (283) (289)  
Amortization of deferred revenue on extended warranty contracts     (152) (146)  
Changes in estimates for pre-existing product warranties and campaigns     22 (47)  
Acquisitions     0 97  
Foreign currency translation adjustments and other     2 9  
Balance, end of period $ 2,545 $ 2,526 2,545 2,526  
Supplier recoveries 2 $ 10 12 $ 23  
Product Warranty Liability          
Current portion of warranty related deferred revenue 1,017   1,017   $ 1,004
Long term portion of warranty related deferred revenue 939   939   844
Deferred Revenue Related to extended coverage, Total 1,016   1,016   1,007
Current portion of accrued product warranty 751   751   726
Long-term portion of accrued product warranty 778   778   744
Standard Product Warranty Accrual 1,529   1,529   1,470
Current portion of deferred revenue          
Product Warranty Liability          
Current portion of warranty related deferred revenue 285   285   290
Deferred revenue          
Product Warranty Liability          
Long term portion of warranty related deferred revenue 731   731   717
Current portion of accrued product warranty          
Product Warranty Liability          
Current portion of accrued product warranty 751   751   726
Other liabilities          
Product Warranty Liability          
Long-term portion of accrued product warranty $ 778   $ 778   $ 744