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Product Warranty and Related Liabilities
6 Months Ended
Jun. 30, 2024
Accrued Liabilities and Other Liabilities [Abstract]  
Product Warranty and Related Liabilities Product Warranty and Related Liabilities
Three Months EndedSix Months Ended
June 30, 2024June 30, 2023June 30, 2024June 30, 2023
Product Warranty and Related Liabilities
Warranty balance at beginning of period$9,356 $8,482 $9,295 $8,530 
Warranties issued and assumed in period – recall campaigns390 313 656 549 
Warranties issued and assumed in period – product warranty888 566 1,556 1,056 
Payments(1,030)(969)(2,054)(2,027)
Adjustments to pre-existing warranties463 332 637 611 
Effect of foreign currency and other(23)18 (47)23 
Warranty balance at end of period10,043 8,741 10,043 8,741 
Less: Supplier recoveries balance at end of period(a)646 343 646 343 
Warranty balance, net of supplier recoveries at end of period$9,397 $8,398 $9,397 $8,398 
__________
(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 EndedSix Months Ended
June 30, 2024June 30, 2023June 30, 2024June 30, 2023
Product Warranty Expense, Net of Recoveries
Warranties issued and assumed in period$1,278 $879 $2,211 $1,605 
Supplier recoveries accrued in period
(79)733 (137)689 
Adjustments and other440 349 590 634 
Warranty expense, net of supplier recoveries
$1,639 $1,961 $2,664 $2,928 

In the three and six months ended June 30, 2024, we recorded insignificant charges to supplier recoveries and in the three months ended June 30, 2023, we recorded $792 million in charges to supplier recoveries related to a settlement for Chevrolet Bolt recall costs. For estimates related to reasonably possible losses in excess of amounts accrued for recall campaigns, refer to Note 13 to our condensed consolidated financial statements for additional information.