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BASIS OF PRESENTATION (Tables)
12 Months Ended
Dec. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Consolidated allowance for credit loss
The following table summarizes changes in the consolidated allowance for doubtful accounts (in millions):

Balance as of December 31, 2022
$
Provision for credit losses— 
Other (1)
(1)
Balance as of December 31, 2023
$
Provision for credit losses
Other (1)
— 
Balance as of December 31, 2024
$
(1) Includes utilization of established reserves, net of recoveries and the impact of foreign exchange rate changes.
Consolidated current and non-current product warranty liability
The following table summarizes changes in the consolidated product warranty liability (in millions):
Balance as of December 31, 2022$44 
Accruals for warranties issued during the period40 
Changes in estimates
Settlements during the period(44)
Foreign exchange effect/other
Balance as of December 31, 2023$48 
Accruals for warranties issued during the period39 
Changes in estimates10 
Settlements during the period(49)
Foreign exchange effect/other
Balance as of December 31, 2024
$54 
Supplier Finance Program
The following table rolls forward the Company’s outstanding obligations confirmed as valid under its supplier finance programs for the year ended December 31, 2024 and 2023 (in millions):

20242023
Confirmed obligations outstanding at the beginning of the year
$— $— 
Invoices confirmed during the year
33 — 
Confirmed invoices paid during the year
(8)— 
Confirmed obligations outstanding at the end of the year
$25 $— 
Schedule of contract liabilities
December 31, 2024December 31, 2023
Contract liabilities - current
$20 $
Contract liabilities - non-current
$16 $