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Other Liabilities (Tables)

12 Months Ended

Dec. 31, 2020

Other Liabilities Disclosure [Abstract]

Summary of other liabilities

A summary of “Other liabilities” as of December 31, 2020 and 2019 is as follows:

						2020						2019
						(in millions)
Advances on buy-back agreements						$	1,355					$	1,472
Warranty and campaign programs						995						919
Marketing and sales incentive programs						1,324						1,279
Tax payables						654						696
Accrued expenses and deferred income						672						639
Accrued employee benefits						681						562
Lease liabilities						453						449
Legal reserves and other provisions						332						299
Contract reserve						389						319
Contract liabilities						1,381						1,236
Restructuring reserve						76						103
Other						1,100						866
Total						$	9,412					$	8,839

Summary of recorded activity for the basic warranty and campaign program accrual

A summary of recorded activity for the basic warranty and campaign program accrual for the years ended December 31, 2020 and 2019 are as follows:

						2020						2019
						(in millions)
Balance, beginning of year						$	919					$	925
Current year additions						784						801
Claims paid						(685)						(749)
Currency translation adjustment and other						(23)						(58)
Balance, end of year						$	995					$	919

Schedule of restructuring activity

The following table sets forth restructuring activity for the years ended December 31, 2020, 2019 and 2018:

						Severance and Other Employee Costs						Facility Related Costs						Other Restructuring						Total
						(in millions)
Balance at January 1, 2018						$	48					$	12					$	—					$	60
Restructuring charges						39						17						5						61
Reserves utilized: cash						(36)						—						(2)						(38)
Reserves utilized: non-cash						(9)						1						—						(8)
Currency translation adjustments						(2)						—						(2)						(4)
Balance at December 31, 2018						$	40					$	30					$	1					$	71
Restructuring charges						98						(2)						13						109
Reserves utilized: cash						(77)						25						(4)						(56)
Reserves utilized: non-cash						3						(16)						(7)						(20)
Currency translation adjustments						(2)						1						—						(1)
Balance at December 31, 2019						$	62					$	38					$	3					$	103
Restructuring charges						46						3						—						49
Reserves utilized: cash						(61)						(7)						(4)						(72)
Reserves utilized: non-cash						(6)						(5)						2						(9)
Currency translation adjustments						3						1						1						5
Balance at December 31, 2020						$	44					$	30					$	2					$	76

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Tabular disclosure of other liabilities.

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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.

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Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets.

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