v3.23.2
PROGRESS COLLECTIONS AND DEFERRED INCOME (Tables)
 6 Months Ended
Jun. 30, 2023
Revenue from Contract with Customer [Abstract]  
Schedule of Contract Liabilities Contract assets are comprised of the following:
June 30, 2023December 31, 2022
Long-term product service agreements $410 $392 
Long-term equipment contracts and certain other service agreements1,145 955 
Contract assets (total revenue in excess of billings)1,555 1,347 
Deferred inventory costs180 125 
Other costs to fulfill or obtain a contract (1)
41 31 
Contract and other deferred assets$1,776 $1,503 
(1)     Other costs to fulfill or obtain a contract consist primarily of non-recurring engineering costs incurred and expected to be recovered.
Contract liabilities are comprised of the following:
June 30, 2023December 31, 2022
Progress collections$4,950 $3,713 
Deferred income151 109 
Progress collections and deferred income (contract liabilities)$5,101 $3,822