v3.22.4

Contract and Other Deferred Assets (Tables) | 12 Months Ended
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Dec. 31, 2022
Revenue from Contract with Customer [Abstract] |
Schedule of Contract Assets | Contract assets are comprised of the following at December 31:
| 2022 | 2021
Long-term product service agreements | $ | 392 |  | $ | 589 |
Long-term equipment contracts and certain other service agreements | 955 |  | 825 |
Contract assets (total revenue in excess of billings) | 1,347 |  | 1,414 |
Deferred inventory costs | 125 |  | 156 |
Non-recurring engineering costs | 31 |  | 28 |
Contract and other deferred assets | $ | 1,503 |  | $ | 1,598 |
Contract liabilities are comprised of the following at December 31:
| 2022 | 2021
Progress collections | $ | 3,713 |  | $ | 3,108 |
Deferred income | 109 |  | 124 |
Progress collections and deferred income (contract liabilities) | $ | 3,822 |  | $ | 3,232 |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130551-203045 + Details
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- References No definition available. + Details
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