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CONTRACT AND OTHER DEFERRED ASSETS (Tables)
3 Months Ended
Mar. 31, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Contract Assets Contract assets consist of the following:
March 31, 2024December 31, 2023
Long-term product service agreements $402 $418 
Long-term equipment contracts and certain other service agreements1,271 1,184 
Contract assets (total revenue in excess of billings)1,673 1,602 
Deferred inventory costs128 126 
Other costs to fulfill or obtain a contract
22 28 
Contract and other deferred assets$1,824 $1,756 
Contract liabilities consist of the following:
March 31, 2024December 31, 2023
Progress collections$5,573 $5,405 
Deferred income138 137 
Progress collections and deferred income (contract liabilities)$5,711 $5,542