v2.4.0.8

Warranty Obligations (Tables)

6 Months Ended

Jun. 30, 2014

Product Warranties Disclosures [Abstract]

Schedule of Product Warranty Liability

The table below summarizes the activity in the product warranty liability for the six months ended June 30, 2014:

	Warranty Obligations
	(in millions)
Accrual balance at beginning of period	$	169
Provision for estimated warranties incurred during the period	29
Provision for changes in estimate for pre-existing warranties	1
Settlements made during the period (in cash or in kind)	(37		)
Foreign currency translation and other	1
Accrual balance at end of period	$	163

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- 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://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 460

-SubTopic 10

-Section 50

-Paragraph 8

-URI http://asc.fasb.org/extlink&oid=6398077&loc=d3e12565-110249

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