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SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended
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Dec. 31, 2023
Accounting Policies [Abstract] |
Schedule of Intangible Assets | The Company uses the following useful lives for its definite-lived intangible assets:
Definite-Lived Intangible Asset Type |  | Useful Life
Patents |  | Up to the date the patent expires
Tradenames and trademarks |  | Up to 20 years
Licensing agreements |  | Up to 20 years
Customer relationships |  | Up to 15 years
Developed technology |  | Up to 15 years
Schedule of Property, Plant and Equipment | Except for leasehold improvements, depreciation and amortization is computed by the straight-line method over the assets estimated useful lives:
Property, Plant and Equipment Assets Type |  | Useful Life
Buildings | 40 years
Machinery and Equipment | 4 to 15 years
Capitalized Software | 2 to 10 years
Leasehold Improvements | Shorter of the estimated useful life or the term of the lease
Property, plant and equipment, net, were as follows:
|  | Year Ended December 31,
(in millions) |  | 2023 |  | 2022
Land |  | $ | 49 |  |  | $ | 48 |
Buildings and improvements |  | 568 |  |  | 546 |
Machinery and equipment |  | 964 |  |  | 963 |
Capitalized software |  | 446 |  |  | 400 |
Construction in progress |  | 138 |  |  | 116 |
|  | $ | 2,165 |  |  | $ | 2,073 |
Less: Accumulated depreciation and amortization |  | 1,365 |  |  | 1,312 |
Property, plant and equipment, net |  | $ | 800 |  |  | $ | 761 |
Schedule of Warranty Expense and Accrual | The Company’s warranty expense and warranty accrual were as follows:
|  | December 31,
(in millions) |  | 2023 |  | 2022 |  | 2021
Warranty Expense |  | $ | 48 |  |  | $ | 27 |  |  | $ | 44 |
Warranty Accrual |  | 24 |  |  | 22 |  |  | 28 |

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- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 360 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482099/360-10-50-1 + Details
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- Definition Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 + Details
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- Definition Tabular disclosure of the changes in the guarantor's aggregate product warranty liability, including the beginning balance of the aggregate product warranty liability, the aggregate reductions in that liability for payments made (in cash or in kind) under the warranty, the aggregate changes in the liability for accruals related to product warranties issued during the reporting period, the aggregate changes in the liability for accruals related to preexisting warranties (including adjustments related to changes in estimates), and the ending balance of the aggregate product warranty liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 460 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 8 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482425/460-10-50-8 + Details
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