Product Warranty and Related Liabilities

3 Months Ended

Mar. 31, 2022

Accrued Liabilities and Other Liabilities [Abstract]

Product Warranty and Related Liabilities


	Three Months Ended
		March 31, 2022		March 31, 2021
Product Warranty and Related Liabilities
Warranty balance at beginning of period		$	9,774	$	8,242
Warranties issued and assumed in period – recall campaigns		132		120
Warranties issued and assumed in period – product warranty		461		443
Payments		(1,077)		(733)
Adjustments to pre-existing warranties		(5)		11
Effect of foreign currency and other		17		(6)
Warranty balance at end of period		9,302		8,077
Less: Supplier recoveries balance at end of period(a)		2,025		193
Warranty balance, net of supplier recoveries at end of period		$	7,277	$	7,884

__________

(a)The current portion of supplier recoveries is recorded in Accounts and notes receivable, net of allowance and the non-current portion is recorded in Other assets.


	Three Months Ended
		March 31, 2022		March 31, 2021
Product warranty expense, net of recoveries
Warranties issued and assumed in period		$	593	$	563
Supplier recoveries accrued in period		(57)		(72)
Adjustments and other		12		5
Warranty expense, net of supplier recoveries		$	548	$	496

We estimate our reasonably possible loss in excess of amounts accrued for recall campaigns to be insignificant at March 31, 2022. Refer to Note 14 to our condensed consolidated financial statements for more details.