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PRODUCT WARRANTY | 9 Months Ended
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Sep. 30, 2022
Product Warranties Disclosures [Abstract] |
PRODUCT WARRANTY | PRODUCT WARRANTY The Company provides warranties on some, but not all, of its products. The warranty terms are typically from one to three years. Provisions for estimated expenses related to product warranty are made at the time products are sold. These estimates are established using historical information about the nature, frequency and average cost of warranty claim settlements, as well as product manufacturing and industry developments and recoveries from third parties. Management actively studies trends of warranty claims and takes action to improve product quality and minimize warranty claims. Management believes that the warranty accrual is appropriate; however, actual claims incurred could differ from the original estimates, requiring adjustments to the accrual. The product warranty accrual is allocated to current and non-current liabilities in the Condensed Consolidated Balance Sheets. The following table summarizes the activity in the product warranty accrual accounts:
(in millions) | 2022 |  | 2021
Beginning balance, January 1 | $ | 236 |  |  | $ | 253 |
Provisions for current period sales | 71 |  |  | 69 |
Adjustments of prior estimates | (4) |  |  | 17 |
Payments | (70) |  |  | (90) |
Other, primarily translation adjustment | (24) |  |  | (2) |
Ending balance, September 30 | $ | 209 |  |  | $ | 247 |
The product warranty liability is classified in the Condensed Consolidated Balance Sheets as follows:
| September 30, |  | December 31,
(in millions) | 2022 |  | 2021
Other current liabilities | $ | 108 |  |  | $ | 128 |
Other non-current liabilities | 101 |  |  | 108 |
Total product warranty liability | $ | 209 |  |  | $ | 236 |

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- Definition The entire disclosure for standard and extended product warranties and other product guarantee contracts, including a tabular reconciliation of the changes in the guarantor's aggregate product warranty liability for the reporting period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -URI https://asc.fasb.org/topic&trid=2155896 + Details
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