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OTHER LIABILITIES (Tables)
 6 Months Ended
Jun. 30, 2019
Other Liabilities Disclosure [Abstract]  
Summary of Other Liabilities
A summary of Other liabilities as of June 30, 2019 and December 31, 2018 is as follows:
 
June 30, 2019
 
December 31, 2018
 
(in millions)
Repurchase price on buy-back agreements
$
1,707

 
$
1,870

Warranty and campaign programs
941

 
925

Marketing and sales incentive programs
1,342

 
1,329

Tax payables
778

 
685

Accrued expenses and deferred income
629

 
609

Accrued employee benefits
593

 
680

Lease liabilities
432

 
—

Legal reserves and other provisions
336

 
368

Contract reserve
290

 
262

Contract liabilities(1)
1,299

 
1,368

Restructuring reserve
85

 
71

Other
772

 
791

Total
$
9,204

 
$
8,958

(1)
Contract liabilities include $708 million and $773 million at June 30, 2019 and December 31, 2018, respectively, for future rents related to buy-back agreements.
Summary of Basic Warranty and Accruals for Campaign Programs A summary of recorded activity for the three and six months ended June 30, 2019 and 2018 for the basic warranty and accruals for campaign programs are as follows:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2019
 
2018
 
2019
 
2018
 
(in millions)
 
(in millions)
Balance at beginning of period
$
915

 
$
959

 
$
925

 
$
932

Current year additions
220

 
233

 
404

 
437

Claims paid
(203
)
 
(169
)
 
(383
)
 
(370
)
Currency translation adjustment and other
9

 
(96
)
 
(5
)
 
(72
)
Balance at June 30
$
941

 
$
927

 
$
941

 
$
927