XML 37 R35.htm IDEA: XBRL DOCUMENT
v3.20.1

PRODUCT WARRANTY LIABILITY (Tables) | 3 Months Ended
--- | ---
Mar. 29, 2020
Product Warranties Disclosures [Abstract] |
Summary of activity in the product warranty account | A tabular reconciliation of the product warranty liability, including the deferred revenue related to our extended warranty coverage and accrued product campaigns was as follows:
|  | Three months ended |  |
In millions |  | March 29, 2020 |  | March 31, 2019
Balance, beginning of year |  | $ | 2,389 |  |  | $ | 2,208 |
Provision for base warranties issued |  | 97 |  |  | 129 |
Deferred revenue on extended warranty contracts sold |  | 66 |  |  | 90 |
Provision for product campaigns issued |  | 2 |  |  | 90 |
Payments made during period |  | (138) |  |  | (150) |
Amortization of deferred revenue on extended warranty contracts |  | (57) |  |  | (59) |
Changes in estimates for pre-existing product warranties |  | (15) |  |  | (23) |
Foreign currency translation and other |  | (12) |  |  | 3 |
Balance, end of period |  | $ | 2,332 |  |  | $ | 2,288 |
Warranty related deferred revenue and the long-term portion of the warranty liability | Warranty related deferred revenues and warranty liabilities on our Condensed Consolidated Balance Sheets were as follows:
In millions |  | March 29, 2020 |  | December 31, 2019 |  | Balance Sheet Location
Deferred revenue related to extended coverage programs |  |  |  |  |  |
Current portion |  | $ | 232 |  |  | $ | 227 |  |  | Current portion of deferred revenue
Long-term portion |  | 717 |  |  | 714 |  |  | Deferred revenue
Total |  | $ | 949 |  |  | $ | 941 |  |  |
Product warranty |  |  |  |  |  |
Current portion |  | $ | 743 |  |  | $ | 803 |  |  | Current portion of accrued product warranty
Long-term portion |  | 640 |  |  | 645 |  |  | Accrued product warranty
Total |  | $ | 1,383 |  |  | $ | 1,448 |  |  |
Total warranty accrual |  | $ | 2,332 |  |  | $ | 2,389 |  |  |

X
- Definition Tabular disclosure of the type of arrangements and the corresponding amounts that comprise the current and noncurrent balance of deferred revenue as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section 45 -Paragraph 8 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=118951113&loc=d3e6935-107765 + Details
Name: | us-gaap_DeferredRevenueByArrangementDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_ProductWarrantiesDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in the guarantor's aggregate product warranty liability, including the beginning balance of the aggregate product warranty liability, the aggregate reductions in that liability for payments made (in cash or in kind) under the warranty, the aggregate changes in the liability for accruals related to product warranties issued during the reporting period, the aggregate changes in the liability for accruals related to preexisting warranties (including adjustments related to changes in estimates), and the ending balance of the aggregate product warranty liability. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=68068213&loc=d3e12565-110249 + Details
Name: | us-gaap_ScheduleOfProductWarrantyLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration