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BASIS OF PRESENTATION (Tables)
6 Months Ended
Jun. 30, 2024
Accounting Policies [Abstract]  
Schedule of Supplier Finance Program The following table summarizes the changes in outstanding obligations for the periods presented:
Millions of dollarsOutstanding Obligations
Confirmed obligations outstanding as of December 31, 2023
$843 
Invoices confirmed during the period1,233 
Confirmed invoices paid during the period(1,286)
Impact of foreign currency(34)
Confirmed obligations outstanding as of June 30, 2024
$756 
Schedule of Equity Method Investments
The following table summarizes the amounts related to the Company's primary equity method investments during the periods presented.
Millions of dollarsJune 30, 2024December 31, 2023
Percentage OwnershipCarrying AmountPercentage OwnershipCarrying Amount
Beko Europe B.V.25 %$174 25 %N/A
Whirlpool China20 %$188 20 %$187 
The following table summarizes the amounts recorded related to the Company's primary equity method investments during the periods presented.
Millions of dollarsSix Months Ended June 30,
20242023
Accounts Payable$67 $87 
Purchases$137 $144