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BASIS OF PRESENTATION (Tables)
9 Months Ended
Sep. 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 period1,818 
Confirmed invoices paid during the period(1,845)
Impact of foreign currency(27)
Confirmed obligations outstanding as of September 30, 2024
$789 
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 dollarsSeptember 30, 2024December 31, 2023
Percentage OwnershipCarrying AmountPercentage OwnershipCarrying Amount
Beko Europe B.V.25 %$156 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 dollarsNine Months Ended September 30,
20242023
Accounts Payable$67 $107 
Purchases$193 $232