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Revenue Recognition (Tables)

12 Months Ended

Dec. 31, 2020

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue

The following table presents our disaggregated revenues by revenue source. We sell products within all major product categories in each operating segment. For additional information on the disaggregated revenues by geographical regions, see Note 16 to the Consolidated Financial Statements.

Revenues related to our former compressor business were fully reflected in our Latin America segment through June 30, 2019. We completed the sale of our compressor business on July 1, 2019. For additional information on the sale of Embraco, see Note 17 to the Consolidated Financial Statements.

						Twelve months ended
Millions of dollars						2020						2019
Major product categories:
Laundry						$	5,675					$	6,193
Refrigeration						6,058						6,229
Cooking						4,782						4,670
Dishwashing						1,605						1,598
Total major product category net sales						$	18,120					$	18,690
Compressors						—						557
Spare parts and warranties						913						979
Other						423						193
Total net sales						$	19,456					$	20,419

Schedule of Allowance for Doubtful Financing Receivables

The following table summarizes our allowance for doubtful accounts by operating segment for the twelve months ended December 31, 2020.

Millions of dollars			December 31, 2019			Charged to Earnings			Write-offs			Foreign Currency			December 31, 2020
Accounts receivable allowance
North America			$	4		$	4		$	(1)		$	—		$	7
EMEA			83			5			(22)			1			67
Latin America			33			32			(17)			(4)			44
Asia			12			1			—			1			14
			$	132		$	42		$	(40)		$	(2)		$	132
Financing receivable allowance
Latin America			$	29		$	—		$	(2)		$	—		$	27
Asia			19			—			—			2			21
			$	48		$	—		$	(2)		$	2		$	48
Consolidated			$	180		$	42		$	(42)		$	—		$	180

We recorded an immaterial amount of bad debt expense for the year ended December 31, 2020 and 2019, respectively.

Schedule of Allowance for Doubtful Accounts Receivable

The following table summarizes our allowance for doubtful accounts by operating segment for the twelve months ended December 31, 2020.

Millions of dollars			December 31, 2019			Charged to Earnings			Write-offs			Foreign Currency			December 31, 2020
Accounts receivable allowance
North America			$	4		$	4		$	(1)		$	—		$	7
EMEA			83			5			(22)			1			67
Latin America			33			32			(17)			(4)			44
Asia			12			1			—			1			14
			$	132		$	42		$	(40)		$	(2)		$	132
Financing receivable allowance
Latin America			$	29		$	—		$	(2)		$	—		$	27
Asia			19			—			—			2			21
			$	48		$	—		$	(2)		$	2		$	48
Consolidated			$	180		$	42		$	(42)		$	—		$	180

We recorded an immaterial amount of bad debt expense for the year ended December 31, 2020 and 2019, respectively.

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-Name Accounting Standards Codification
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