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REVENUE RECOGNITION (Tables) | 12 Months Ended
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Dec. 31, 2022
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Sales | The following table provides disaggregated sales by lines of businesses, geographic destination, market channel or end market, as applicable, for the Company's operating segments:
(In millions) | 2022 |  | 2021 |  | 2020
Electrical Americas |  |  |  |  |
Products | $ | 2,732 |  |  | $ | 2,255 |  |  | $ | 2,255 |
Systems | 5,765 |  |  | 4,987 |  |  | 4,425 |
Total | $ | 8,497 |  |  | $ | 7,242 |  |  | $ | 6,680 |
Electrical Global |  |  |  |  |
Products | $ | 3,424 |  |  | $ | 3,283 |  |  | $ | 2,608 |
Systems | 2,424 |  |  | 2,233 |  |  | 2,095 |
Total | $ | 5,848 |  |  | $ | 5,516 |  |  | $ | 4,703 |
Hydraulics |  |  |  |  |
United States | $ | — |  |  | $ | 534 |  |  | $ | 796 |
Rest of World | — |  |  | 766 |  |  | 1,046 |
Total | $ | — |  |  | $ | 1,300 |  |  | $ | 1,842 |
Aerospace |  |  |  |  |
Original Equipment Manufacturers | $ | 1,209 |  |  | $ | 1,018 |  |  | $ | 986 |
Aftermarket | 977 |  |  | 823 |  |  | 685 |
Industrial and Other | 854 |  |  | 807 |  |  | 552 |
Total | $ | 3,039 |  |  | $ | 2,648 |  |  | $ | 2,223 |
Vehicle |  |  |  |  |
Commercial | $ | 1,736 |  |  | $ | 1,438 |  |  | $ | 1,060 |
Passenger and Light Duty | 1,094 |  |  | 1,141 |  |  | 1,058 |
Total | $ | 2,830 |  |  | $ | 2,579 |  |  | $ | 2,118 |
eMobility | $ | 538 |  |  | $ | 343 |  |  | $ | 292 |
Total net sales | $ | 20,752 |  |  | $ | 19,628 |  |  | $ | 17,858 |
Schedule of Changes in Deferred Revenue Liabilities | Changes in the deferred revenue liabilities are as follows:
(In millions) | Deferred revenue
Balance at January 1, 2021 | $ | 257 |
Customer deposits and billings | 1,267 |
Revenue recognized in the period | (1,192) |
Deferred revenue from business acquisitions | 99 |
Translation and other | (9) |
Balance at December 31, 2021 | $ | 422 |
Customer deposits and billings | 1,656 |
Revenue recognized in the period | (1,541) |
Translation and other | (29) |
Balance at December 31, 2022 | $ | 508 |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130551-203045 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130545-203045 + Details
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