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REVENUE RECOGNITION (Tables)

9 Months Ended

Sep. 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 September 30,												Nine Months Ended September 30,
Millions of dollars			2024						2023						2024						2023
Major product categories:
Laundry			$	1,131					$	1,360					$	3,482					$	3,949
Refrigeration			1,297						1,484						3,850						4,334
Cooking			921						1,199						2,891						3,392
Dishwashing			282						423						983						1,300
Total major product category net sales			$	3,631					$	4,466					$	11,206					$	12,975
Spare parts and warranties			135						243						515						718
Other			227						217						750						674
Total net sales			$	3,993					$	4,926					$	12,471					$	14,367

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 nine months ended September 30, 2024:

Millions of dollars			December 31, 2023 (1)												Charged to Earnings			Write-offs			Foreign Currency			Other			September 30, 2024
Accounts receivable allowance
MDA North America			$	4											$	1		$	—		$	—		$	—		$	5
MDA Latin America			38												9			(2)			(5)			—			40
MDA Asia			3												—			—			—			—			3
SDA Global			2												—			—			—			—			2
Consolidated			$	47											$	10		$	(2)		$	(5)		$	—		$	50
Financing receivable allowance
MDA Latin America			$	29											$	—		$	—		$	(3)		$	—		$	26
Consolidated			$	76											$	10		$	(2)		$	(8)		$	—		$	76

(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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