XML 57 R40.htm IDEA: XBRL DOCUMENT v3.23.3

Guarantees (Tables)

9 Months Ended

Sep. 30, 2023

Guarantees [Abstract]

Schedule of Guarantees

As of September 30, 2023 and December 31, 2022, the following financial guarantees were outstanding:

			September 30, 2023												December 31, 2022
(dollars in millions)			Maximum Potential Payment						Carrying Amount of Liability						Maximum Potential Payment						Carrying Amount of Liability
Commercial aerospace financing arrangements			$	302					$	—					$	304					$	—
Third party guarantees			422						1						335						1

Product Warranty Disclosure

The changes in the carrying amount of service and product warranties and product performance guarantees for the nine months ended September 30, 2023 and 2022 were as follows:

(dollars in millions)						2023						2022
Balance as of January 1						$	1,109					$	1,157
Warranties and performance guarantees issued						244						203
Settlements						(221)						(196)
Other						(21)						(21)
Balance as of September 30						$	1,111					$	1,143

X

- References

No definition available.

+ Details

Name:	us-gaap_GuaranteesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of each guarantee obligation, or each group of similar guarantee obligations, including (a) the nature of the guarantee, including its term, how it arose, and the events or circumstances that would require the guarantor to perform under the guarantee; (b) the maximum potential amount of future payments (undiscounted) the guarantor could be required to make under the guarantee; (c) the current carrying amount of the liability, if any, for the guarantor's obligations under the guarantee; and (d) the nature of any recourse provisions under the guarantee, and any assets held either as collateral or by third parties, and any relevant related party disclosure. Excludes disclosures about product warranties.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 460
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482425/460-10-50-4

+ Details

Name:	us-gaap_ScheduleOfGuaranteeObligationsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the changes in the guarantor's aggregate product warranty liability, including the beginning balance of the aggregate product warranty liability, the aggregate reductions in that liability for payments made (in cash or in kind) under the warranty, the aggregate changes in the liability for accruals related to product warranties issued during the reporting period, the aggregate changes in the liability for accruals related to preexisting warranties (including adjustments related to changes in estimates), and the ending balance of the aggregate product warranty liability.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 460
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 8
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482425/460-10-50-8

+ Details

Name:	us-gaap_ScheduleOfProductWarrantyLiabilityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration