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PRODUCT WARRANTY (Tables) | 12 Months Ended
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Dec. 31, 2024
Product Warranties Disclosures [Abstract] |
Schedule of Product Warranty Liability | The following table summarizes the activity in the product warranty accrual accounts:
(in millions) | 2024 |  | 2023
Beginning balance, January 1 | $ | 196 |  |  | $ | 185 |
Provisions for current period sales | 85 |  |  | 98 |
Adjustments of prior estimates | 15 |  |  | (3) |
Payments | (71) |  |  | (84) |
Other, primarily translation adjustment | (10) |  |  | — |
Ending balance, December 31 | $ | 215 |  |  | $ | 196 |
The product warranty liability is classified in the Consolidated Balance Sheets as follows:
| December 31,
(in millions) | 2024 |  | 2023
Other current liabilities | $ | 88 |  |  | $ | 91 |
Other non-current liabilities | 127 |  |  | 105 |
Total product warranty liability | $ | 215 |  |  | $ | 196 |

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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/disclosureRef -Topic 460 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 8 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482425/460-10-50-8 + Details
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