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Accrued Liabilities, Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Components of Accrued Liabilities
The components of Accrued liabilities are as follows (in millions):
December 31,
20242023
Incentive compensation$174 $47 
Payroll and benefits76 83 
Customer rebates56 40 
Unremitted cash collections due to banks on factored accounts receivable51 112 
Current portion of lease liabilities36 42 
Warranty26 27 
Freight and duty12 10 
Exit and restructuring22 
Settlement— 45 
Other68 76 
Accrued liabilities$503 $504 
Schedule of Accrued Warranty Obligations
The following table is a summary of the Company’s accrued warranty obligations (in millions):
 Year Ended December 31,
Warranty Reserve202420232022
Balance at the beginning of the year$27 $26 $26 
Warranty expense28 29 29 
Warranties fulfilled(29)(28)(29)
Balance at the end of the year$26 $27 $26 
Schedule Commitment Maturity
The Company has a limited number of multi-year purchase commitments, primarily related to semiconductors and cloud services, which contain minimum purchase requirements and are non-cancellable. Commitments under these multi-year contracts, which exclude routine purchase orders for goods and services, are as follows (in millions):

2025$53 
202654 
202731 
Thereafter— 
Total$138