Quarterly report [Sections 13 or 15(d)]

PRODUCT WARRANTY LIABILITY (Tables)

v3.26.3
PRODUCT WARRANTY LIABILITY (Tables)
 9 Months Ended
Sep. 30, 2026
Product Warranties Disclosures [Abstract]  
Schedule 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, was as follows:
Nine months ended
September 30,
In millions 2026 2025
Balance at beginning of year $ 2,778  $ 2,623 
Provision for base warranties issued 512  468 
Deferred revenue on extended warranty contracts sold 293  313 
Provision for product campaigns issued 53  30 
Payments made during period (566) (538)
Amortization of deferred revenue on extended warranty contracts (237) (220)
Changes in estimates for pre-existing product warranties and campaigns 52  54 
Foreign currency translation adjustments and other —  (8)
Balance at end of period $ 2,885  $ 2,722 
Schedule of Warranty Related Deferred Revenues and Warranty Liabilities
Warranty related deferred revenues and warranty liabilities on our Condensed Consolidated Balance Sheets were as follows:
In millions September 30,
2026		 December 31,
2025		 Balance Sheet Location
Deferred revenue related to extended coverage programs
Current portion $ 307  $ 303  Current portion of deferred revenue
Long-term portion 948  895  Deferred revenue
Total $ 1,255  $ 1,198 
Product warranty
Current portion $ 664  $ 693  Current portion of accrued product warranty
Long-term portion 966  887  Other liabilities
Total $ 1,630  $ 1,580 
Total warranty accrual $ 2,885  $ 2,778