REVENUE RECOGNITION (Tables)

12 Months Ended

Dec. 31, 2023

Revenue from Contract with Customer [Abstract]

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 14 to the Consolidated Financial Statements.


	Twelve months ended
Millions of dollars	2023		2022		2021
Major product categories:
Laundry	$	5,333	$	5,133	$	6,122
Refrigeration	5,794		6,248		6,677
Cooking	4,721		5,056		5,639
Dishwashing	1,729		1,822		1,890
Total major product category net sales	$	17,577	$	18,259	$	20,327
Spare parts and warranties	953		923		1,187
Other	925		542		470
Total net sales	$	19,455	$	19,724	$	21,985

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, 2023.


Millions of dollars	December 31, 2022		Charged to Earnings		Write-offs		Foreign Currency		Other (1)		December 31, 2023
Accounts receivable allowance
North America	$	6	$	—	$	(1)	$	—	$	—	$	5
EMEA	2		(3)		(3)		1		4		1
Latin America	38		4		(8)		4		—		38
Asia	3		—		—		—		—		3
	$	49	$	1	$	(12)	$	5	$	4	$	47
Financing receivable allowance
Latin America	$	27	$	—	$	—	$	2	$	—	$	29


Consolidated	$	76	$	1	$	(12)	$	7	$	4	$	76

(1) Starting from the fourth quarter of 2022, accounts receivable allowance of our European major domestic appliance business is transferred to assets held for sale. For additional information, see Note 15 to the Consolidated Financial Statements.