Quarterly report pursuant to Section 13 or 15(d)

PRODUCT WARRANTY LIABILITY (Details 1) Warranty Footnote Disclosure

v3.23.3
PRODUCT WARRANTY LIABILITY (Details 1) Warranty Footnote Disclosure - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Product Warranties Disclosures [Abstract]          
Balance, beginning of year     $ 2,477 $ 2,425  
Provision for base warranties issued     458 395  
Deferred revenue on extended warranty contracts sold     244 215  
Provision for product campaigns issued     17 132  
Payments made during period     (429) (476)  
Amortization of deferred revenue on extended warranty contracts     (226) (220)  
Changes in estimates for pre-existing product warranties and campaigns     19 (80)  
Acquisitions     0 144  
Foreign currency translation adjustments and other     (2) 19  
Balance, end of period $ 2,558 $ 2,554 2,558 2,554  
Supplier recoveries 7 $ 10 19 $ 33  
Product Warranty Liability          
Current portion of warranty related deferred revenue 1,029   1,029   $ 1,004
Long term portion of warranty related deferred revenue 1,011   1,011   844
Deferred Revenue Related to extended coverage, Total 1,021   1,021   1,007
Current portion of accrued product warranty 731   731   726
Long-term portion of accrued product warranty 806   806   744
Standard Product Warranty Accrual 1,537   1,537   1,470
Current portion of deferred revenue          
Product Warranty Liability          
Current portion of warranty related deferred revenue 282   282   290
Deferred revenue          
Product Warranty Liability          
Long term portion of warranty related deferred revenue 739   739   717
Current portion of accrued product warranty          
Product Warranty Liability          
Current portion of accrued product warranty 731   731   726
Other liabilities          
Product Warranty Liability          
Long-term portion of accrued product warranty $ 806   $ 806   $ 744