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REVENUE RECOGNITION (Tables)

9 Months Ended

Sep. 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 September 30,												Nine Months Ended September 30,
Millions of dollars			2022						2021						2022						2021
Major product categories:
Laundry			$	1,187					$	1,498					$	3,807					$	4,447
Refrigeration			1,560						1,762						4,821						5,016
Cooking			1,234						1,348						3,762						4,097
Dishwashing			469						479						1,384						1,403
Total major product category net sales			$	4,450					$	5,087					$	13,774					$	14,963
Spare parts and warranties			225						302						695						860
Other			109						99						332						347
Total net sales			$	4,784					$	5,488					$	14,801					$	16,170

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 nine months ended September 30, 2022:

Millions of dollars			December 31, 2021												Charged to Earnings			Write-offs			Foreign Currency			Other (1)			September 30, 2022
Accounts receivable allowance
North America			$	7											$	(1)		$	—		$	—		$	—		$	6
EMEA			45												5			(1)			(1)			(15)			33
Latin America			43												1			(4)			1			—			41
Asia			3												—			—			—			—			3
Consolidated			$	98											$	5		$	(5)		$	—		$	(15)		$	83
Financing receivable allowance
Latin America			$	25											$	—		$	—		$	1		$	—		$	26
			$	25											$	—		$	—		$	1		$	—		$	26
Consolidated			$	123											$	5		$	(5)		$	1		$	(15)		$	109

(1) Accounts receivable allowance of our Russian operations which was previously classified under accounts receivable has been removed as part of the deconsolidation of the Russian operations. 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
-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 https://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447

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-Name Accounting Standards Codification
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