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REVENUE RECOGNITION (Tables)

6 Months Ended

Jun. 30, 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 June 30,												Six Months Ended June 30,
Millions of dollars			2024						2023						2024						2023
Major product categories:
Laundry			$	1,087					$	1,294					$	2,351					$	2,590
Refrigeration			1,299						1,478						2,553						2,850
Cooking			907						1,101						1,969						2,193
Dishwashing			272						445						701						876
Total major product category net sales			$	3,565					$	4,318					$	7,574					$	8,509
Spare parts and warranties			141						239						380						475
Other			283						235						524						457
Total net sales			$	3,989					$	4,792					$	8,478					$	9,441

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 six months ended June 30, 2024:

Millions of dollars			December 31, 2023 (1)												Charged to Earnings			Write-offs			Foreign Currency						June 30, 2024
Accounts receivable allowance
MDA North America			$	4											$	1		$	—		$	—					$	5
MDA Latin America			38												3			—			(3)						38
MDA Asia			3												—			—			—						3
SDA Global			2												—			—			—						2
Consolidated			$	47											$	4		$	—		$	(3)					$	48
Financing receivable allowance
MDA Latin America			$	29											$	—		$	—		$	(4)					$	25
Consolidated			$	76											$	4		$	—		$	(7)					$	73

(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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Tabular disclosure of allowance for credit loss on financing receivable.

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