Annual report pursuant to Section 13 and 15(d)

PRODUCT WARRANTY LIABILITY (Details 1) Warranty Liability Reconciliation, Warranty Related to Deferred Revenues

v3.24.0.1
PRODUCT WARRANTY LIABILITY (Details 1) Warranty Liability Reconciliation, Warranty Related to Deferred Revenues - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Product Warranty Liability:      
Balance, beginning of year $ 2,477 $ 2,425 $ 2,307
Provision for warranties issued 602 515 503
Deferred revenue on extended warranty contracts sold 350 287 288
Provision for product campaigns issued 28 141 346
Payments made during period (705) (596) (530)
Amortization of deferred revenue on extended warranty contracts (300) (298) (260)
Changes in estimates for pre-existing warranties 37 (128) (228)
Acquisitions 0 147 0
Foreign currency translation adjustments and other 8 (16) (1)
Balance, end of period 2,497 2,477 2,425
Product Warranty Liability [Line Items]      
Product Liability Contingency, Third Party Recovery 36 39 $ 170
Current portion of deferred revenue 1,220 1,004  
Long-term portion of deferred revenue 966 844  
Deferred revenue related to extended coverage 1,053 1,007  
Current portion of accrued product warranty 667 726  
Long-term portion of accrued product warranty 777 744  
Standard Product Warranty Accrual 1,444 1,470  
Current portion of deferred revenue      
Product Warranty Liability [Line Items]      
Current portion of deferred revenue 279 290  
Deferred revenue      
Product Warranty Liability [Line Items]      
Long-term portion of deferred revenue 774 717  
Current portion of accrued product warranty      
Product Warranty Liability [Line Items]      
Current portion of accrued product warranty 667 726  
Other Liabilities      
Product Warranty Liability [Line Items]      
Long-term portion of accrued product warranty $ 777 $ 744