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Accrued and Other Liabilities (Tables)
12 Months Ended
Dec. 31, 2024
Accrued Liabilities and Other Liabilities [Abstract]  
Schedule of Accrued and Other Liabilities
December 31, 2024December 31, 2023
Accrued liabilities
Dealer and customer allowances, claims and discounts$7,270 $6,065 
Deferred revenue3,371 2,802 
Product warranty and related liabilities 4,555 3,285 
Payrolls and employee benefits excluding postemployment benefits3,221 3,099 
Other(a)12,737 12,113 
Total accrued liabilities$31,154 $27,364 
Other liabilities
Deferred revenue$5,940 $5,019 
Product warranty and related liabilities6,016 6,011 
Operating lease liabilities961 907 
Employee benefits excluding postemployment benefits501 518 
Postemployment benefits including facility idling reserves154 151 
Other(a)4,265 3,909 
Total other liabilities$17,836 $16,515 
__________
(a)Includes amounts related to product liability, breach of warranty and other legal and environmental-related accruals of $3.4 billion and $2.9 billion at December 31, 2024 and 2023.
Schedule of Product Warranty and Related Liabilities
Years Ended December 31,
202420232022
Product Warranty and Related Liabilities
Warranty balance at beginning of period$9,295 $8,530 $9,774 
Warranties issued and assumed in period – recall campaigns 997 864 651 
Warranties issued and assumed in period – product warranty3,621 2,418 1,943 
Payments(4,474)(4,009)(4,097)
Adjustments to pre-existing warranties1,237 1,462 297 
Effect of foreign currency and other(106)31 (37)
Warranty balance at end of period10,571 9,295 8,530 
Less: Supplier recoveries balance at end of period(a)438 646 1,184 
Warranty balance, net of supplier recoveries at end of period$10,133 $8,649 $7,345 
__________
(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.
Years Ended December 31,
202420232022
Product warranty expense, net of recoveries
Warranties issued and assumed in period$4,618 $3,282 $2,593 
Supplier recoveries accrued in period
(297)(261)
Adjustments and other1,131 1,493 260 
Warranty expense, net of supplier recoveries
$5,452 $4,778 $2,592