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Income Taxes - Components of Net Deferred Tax Assets (Details) - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Deferred tax assets:    
Inventories $ 85 $ 66
Warranty and campaigns 217 170
Allowance for credit losses 159 155
Marketing and sales incentive programs 272 285
Other risk and future charges reserve 256 265
Pension, postretirement and postemployment benefits 271 253
Leasing liabilities 117 114
Research and development costs 306 311
Other reserves 400 347
Tax credits and loss carry forwards 798 677
Less: Valuation allowances (941) (993)
Total deferred tax assets 1,940 1,650
Deferred tax liabilities:    
Property, plant and equipment 423 523
Other 178 165
Total deferred tax liabilities 601 688
Net deferred tax assets $ 1,339 $ 962