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 6 Months Ended
Jul. 04, 2021
Jun. 28, 2020
Jul. 04, 2021
Jun. 28, 2020
Dec. 31, 2020
Product Warranties Disclosures [Abstract]          
Balance, beginning of year     $ 2,307 $ 2,389  
Provision for base warranties issued     302 161  
Deferred revenue on extended warranty contracts sold     136 121  
Provision for product campaigns issued     46 18  
Payments made during period     (283) (280)  
Amortization of deferred revenue on extended warranty contracts     (124) (115)  
Changes in estimates for pre-existing product warranties     (74) (20)  
Foreign currency translation and other     (6) (11)  
Balance, end of period $ 2,304 $ 2,263 2,304 2,263  
Supplier recoveries 5 $ 2 9 $ 11  
Product Warranty Liability          
Current portion of warranty related deferred revenue 805   805   $ 691
Long term portion of warranty related deferred revenue 828   828   840
Deferred Revenue Related to extended coverage, Total 969   969   961
Current portion of accrued product warranty 661   661   674
Long-term portion of accrued product warranty 674   674   672
Standard Product Warranty Accrual 1,335   1,335   1,346
Current portion of deferred revenue          
Product Warranty Liability          
Current portion of warranty related deferred revenue 279   279   261
Deferred revenue          
Product Warranty Liability          
Long term portion of warranty related deferred revenue 690   690   700
Current portion of accrued product warranty          
Product Warranty Liability          
Current portion of accrued product warranty 661   661   674
Accrued product warranty          
Product Warranty Liability          
Long-term portion of accrued product warranty $ 674   $ 674   $ 672