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COMMITMENTS AND CONTINGENCIES (Tables)
 12 Months Ended
Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Product Warranty Reserves The following table summarizes the changes in total product warranty reserves for the periods presented:
Product Warranty
Millions of dollars20222021
Balance at January 1$286 $273 
Issuances/accruals during the period267 307 
Settlements made during the period/other(1)
(304)(294)
Liabilities classified to held for sale(2)
(59)— 
Balance at December 31$190 $286 
Current portion$131 $194 
Non-current portion59 92 
Total$190 $286 
(1)Includes updated reserve assumptions noted below.
(2)Product warranty reserve of our European major domestic appliance business has been transferred to liabilities held for sale in the fourth quarter of 2022.
Schedule of Purchase Obligations
Our expected cash outflows resulting from non-cancellable purchase obligations are summarized by year in the table below. Non-cancellable purchase obligations related to European major domestic appliance business classified as held for sale are excluded beyond 2023.
Millions of dollars 
2023$365 
2024158 
202568 
202628 
202712 
Thereafter51 
Total purchase obligations$682