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REVENUE RECOGNITION
9 Months Ended
Sep. 30, 2025
Revenue from Contract with Customer [Abstract]  
REVENUE RECOGNITION REVENUE RECOGNITION
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 dollars2025202420252024
Major product categories:
Laundry$1,150 $1,131 $3,251 $3,482 
Refrigeration1,251 1,297 3,575 3,850 
Cooking973 921 2,632 2,891 
Dishwashing310 282 877 983 
Total major product category net sales $3,684 $3,631 $10,335 $11,206 
Spare parts and warranties138 135 410 515 
Other210 227 680 750 
Total net sales$4,033 $3,993 $11,426 $12,471 
Other revenue sources include primarily the revenues from the InSinkErator business, subscription arrangements, and licenses.
The impact to revenue related to prior period performance obligations is less than 1% of global consolidated revenues for the three and nine months ended September 30, 2025.
Allowance for Expected Credit Losses and Bad Debt Expense
We estimate our expected credit losses and bad debt expense primarily by using an aging methodology and establish customer-specific reserves for higher risk trade customers. Our expected credit losses and bad debt expense are evaluated and controlled within each operating segment by considering the unique credit risk specific to the country, marketplace and economic environment. We take into account past events, current conditions and reasonable and supportable forecasts in developing the reserve.
The following table summarizes our allowance for expected credit losses and bad debt expense by operating segment for the nine months ended September 30, 2025:
Millions of dollars
December 31, 2024
Charged to EarningsWrite-offsForeign CurrencyOther September 30, 2025
Accounts receivable allowance
MDA North America$$3 $ $ $ $11 
MDA Latin America33 2  4  39 
MDA Asia    3 
SDA Global    2 
Consolidated$46 $5 $ $4 $ $55 
Financing receivable allowance
MDA Latin America$23 $ $ $4 $ $27 
Consolidated$69 $5 $ $8 $ $82