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Product Warranty and Related Liabilities | 3 Months Ended
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Mar. 31, 2020
Product Warranties Disclosures [Abstract] |
Product Warranty and Related Liabilities | Product Warranty and Related Liabilities
| Three Months Ended
| March 31, 2020 |  | March 31, 2019
Warranty balance at beginning of period | $ | 7,798 |  |  | $ | 7,590 |
Warranties issued and assumed in period – recall campaigns | 117 |  |  | 124 |
Warranties issued and assumed in period – product warranty | 498 |  |  | 527 |
Payments | (881 | ) |  | (732 | )
Adjustments to pre-existing warranties | (19 | ) |  | 36 |
Effect of foreign currency and other | (115 | ) |  | 7 |
Warranty balance at end of period | $ | 7,398 |  |  | $ | 7,552 |
We estimate our reasonably possible loss in excess of amounts accrued for recall campaigns to be insignificant at March 31, 2020. Refer to Note 15 for reasonably possible losses on Takata Corporation (Takata) matters.

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- Definition The entire disclosure for standard product warranties and other product guarantee contracts, including a tabular reconciliation of the changes in the guarantors aggregate product warranty liability for the reporting period. This disclosure excludes extended warranties. + References No definition available. + Details
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