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v3.23.1

Guarantees (Details) - USD ($) $ in Millions | 3 Months Ended |
--- | --- | ---
Mar. 31, 2023 | Mar. 31, 2022 | Dec. 31, 2022
Product Warranty Liability [Line Items] |  |  |
Balance as of January 1 | $ 1,109 | $ 1,157 |
Warranties and performance guarantees issued | 69 | 71 |
Settlements | (84) | (74) |
Other | (1) | 0 |
Balance as of March 31 | 1,093 | $ 1,154 |
Commercial Aerospace Financing Arrangements |  |  |
Product Warranty Liability [Line Items] |  |  |
Maximum Potential Payment | 304 |  | $ 304
Carrying Amount of Liability | 0 |  | 0
Third Party Guarantees |  |  |
Product Warranty Liability [Line Items] |  |  |
Maximum Potential Payment | 395 |  | 335
Carrying Amount of Liability | 1 |  | 1
Commercial Aerospace [Member] |  |  |
Product Warranty Liability [Line Items] |  |  |
Partner Share of Guarantor Obligations, Maximum Exposure, Undiscounted | 140 |  | 140
Guarantee Type, Other |  |  |
Product Warranty Liability [Line Items] |  |  |
Carrying Amount of Liability | $ 96 |  | $ 97

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- Definition The current carrying amount of the liability for the freestanding or embedded guarantor's obligations under the guarantee or each group of similar guarantees. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 50 -Paragraph 4 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124440162&loc=d3e12069-110248 + Details
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- Definition Maximum potential amount of future payments (undiscounted) the guarantor could be required to make under the guarantee or each group of similar guarantees before reduction for potential recoveries under recourse or collateralization provisions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 50 -Paragraph 4 -Subparagraph (b)(1) -URI https://asc.fasb.org/extlink&oid=124440162&loc=d3e12069-110248 + Details
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