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REVENUE RECOGNITION (Tables) | 3 Months Ended
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Mar. 31, 2024
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenue | The following table presents our disaggregated revenues by revenue source. For additional information on the disaggregated revenues by operating segment, see Note 13 to the Consolidated Condensed Financial Statements.
| Three Months Ended March 31, |  |
Millions of dollars | 2024 |  | 2023 |  |  |  |
Major product categories: |  |  |  |  |  |  |
Laundry | $ | 1,264 |  |  | $ | 1,295 |  |  |  |  |
Refrigeration | 1,254 |  |  | 1,372 |  |  |  |  |
Cooking | 1,063 |  |  | 1,092 |  |  |  |  |
Dishwashing | 428 |  |  | 432 |  |  |  |  |
Total major product category net sales | $ | 4,009 |  |  | $ | 4,191 |  |  |  |  |
Spare parts and warranties | 239 |  |  | 236 |  |  |  |  |
Other | 242 |  |  | 222 |  |  |  |  |
Total net sales | $ | 4,490 |  |  | $ | 4,649 |  |  |  |  |
Schedule of Allowance for Doubtful Financing Receivables | The following table summarizes our allowance for expected credit losses and bad debt expense by operating segment for the three months ended March 31, 2024:
Millions of dollars | December 31, 2023 (1) |  |  |  | Charged to Earnings | Write-offs | Foreign Currency |  | March 31, 2024
Accounts receivable allowance |  |  |  |  |  |  |  |  |
MDA North America | $ | 4 |  |  |  |  | $ | — |  | $ | — |  | $ | — |  |  | $ | 4 |
MDA Latin America | 38 |  |  |  |  | 2 |  | (1) |  | 1 |  |  | 40 |
MDA Asia | 3 |  |  |  |  | — |  | — |  | — |  |  | 3 |
SDA Global | 2 |  |  |  |  | — |  | — |  | — |  |  | 2 |
Consolidated | $ | 47 |  |  |  |  | $ | 2 |  | $ | (1) |  | $ | 1 |  |  | $ | 49 |
Financing receivable allowance |  |  |  |  |  |  |  |  |
MDA Latin America | $ | 29 |  |  |  |  | $ | — |  | $ | — |  | $ | (1) |  |  | $ | 28 |
Consolidated | $ | 76 |  |  |  |  | $ | 2 |  | $ | (1) |  | $ | — |  |  | $ | 77 |
(1) Effective January 1, 2024, we reorganized our operating segment structure. All prior period amounts have been reclassified to conform with current period presentation. For additional information, see Note 13 to the Consolidated Condensed Financial Statements.

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