XML 46 R36.htm IDEA: XBRL DOCUMENT
v3.23.2

OTHER LIABILITIES (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2023
Other Liabilities Disclosure [Abstract] |
Summary of Other Liabilities | A summary of other liabilities as of June 30, 2023 and December 31, 2022 is as follows:
| June 30, 2023 |  | December 31, 2022
| (in millions)
Warranty and campaign programs | $ | 588 |  |  | $ | 544 |
Marketing and sales incentive programs | 1,985 |  |  | 1,556 |
Tax payables | 554 |  |  | 506 |
Accrued expenses and deferred income | 822 |  |  | 700 |
Accrued employee benefits | 481 |  |  | 535 |
Lease liabilities | 231 |  |  | 228 |
Legal reserves and other provisions | 298 |  |  | 263 |
Contract reserve | 16 |  |  | 16 |
Contract liabilities | 40 |  |  | 33 |
Restructuring reserve | 20 |  |  | 30 |
Other | 382 |  |  | 436 |
Total | $ | 5,417 |  |  | $ | 4,847 |
Summary of Basic Warranty and Accruals for Campaign Programs | A summary of recorded activity for the three and six months ended June 30, 2023 and 2022 for the basic warranty and accruals for campaign programs are as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
| (in millions)
Balance at beginning of period | $ | 551 |  |  | $ | 501 |  |  | $ | 544 |  |  | $ | 526 |
Current year additions | 156 |  |  | 117 |  |  | 265 |  |  | 185 |
Claims paid | (120) |  |  | (115) |  |  | (227) |  |  | (210) |
Currency translation adjustment and other | 1 |  |  | (19) |  |  | 6 |  |  | (17) |
Balance at end of period | $ | 588 |  |  | $ | 484 |  |  | $ | 588 |  |  | $ | 484 |

X
- References No definition available. + Details
Name: | us-gaap_OtherLiabilitiesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of other liabilities. + References No definition available. + Details
Name: | us-gaap_OtherLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_ScheduleOfProductWarrantyLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration