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REVENUE RECOGNITION (Tables)

6 Months Ended

Jun. 30, 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 June 30,												Six Months Ended June 30,
Millions of dollars			2022						2021						2022						2021
Major product categories:
Laundry			$	1,287					$	1,380					$	2,620					$	2,949
Refrigeration			1,733						1,627						3,261						3,254
Cooking			1,247						1,502						2,528						2,749
Dishwashing			465						409						915						924
Total major product category net sales			$	4,732					$	4,918					$	9,324					$	9,876
Spare parts and warranties			236						292						470						558
Other			129						114						223						248
Total net sales			$	5,097					$	5,324					$	10,017					$	10,682

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 six months ended June 30, 2022:

Millions of dollars			December 31, 2021												Charged to Earnings			Write-offs			Foreign Currency			Other (1)			June 30, 2022
Accounts receivable allowance
North America			$	7											$	—		$	—		$	—		$	—		$	7
EMEA			45												4			1			(1)			(15)			34
Latin America			43												1			(1)			—			—			43
Asia			3												—			—			—			—			3
Consolidated			$	98											$	5		$	—		$	(1)		$	(15)		$	87
Financing receivable allowance
Latin America			$	25											$	—		$	—		$	5		$	—		$	30
			$	25											$	—		$	—		$	5		$	—		$	30
Consolidated			$	123											$	5		$	—		$	4		$	(15)		$	117

(1) Accounts receivable allowance of our Russian operations which were previously classified under accounts receivable has been transferred to assets held for sale. For additional information, see Note 15 to the Consolidated Condensed Financial Statements.

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Tabular disclosure of allowance for credit loss on financing receivable.

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-Publisher FASB
-Name Accounting Standards Codification
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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 https://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447

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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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