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REVENUE RECOGNITION (Tables)

3 Months Ended

Mar. 31, 2022

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 product categories in each operating segment. For additional information on the disaggregated revenues by geographic regions, see Note 14 to the Consolidated Condensed Financial Statements.

			Three Months Ended March 31,
Millions of dollars			2022						2021
Major product categories:
Laundry			$	1,333					$	1,569
Refrigeration			1,528						1,627
Cooking			1,281						1,247
Dishwashing			450						515
Total major product category net sales			$	4,592					$	4,958
Spare parts and warranties			234						266
Other			94						134
Total net sales			$	4,920					$	5,358

Schedule of Allowance for Doubtful Financing Receivables

The following table summarizes our allowance for expected credit losses and bad debt by operating segment for the three months ended March 31, 2022:

Millions of dollars			December 31, 2021			Charged to Earnings			Write-offs			Foreign Currency			March 31, 2022
Accounts receivable allowance
North America			$	7		$	—		(2)			—			$	5
EMEA			45			$	7		$	—		$	(2)		$	50
Latin America			43			—			(2)			1			$	42
Asia			3			$	—					$	—		$	3
Consolidated			$	98		$	7		$	(4)		$	(1)		$	100
Financing receivable allowance
Latin America			$	25		$	—		$	—		$	5		$	30
			$	25		$	—		$	—		$	5		$	30
Consolidated			$	123		$	7		$	(4)		$	4		$	130

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Tabular disclosure of allowance for credit loss on financing receivable.

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Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
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Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
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-Section 50
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-URI http://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447

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Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

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Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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-Name Accounting Standards Codification
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