Schedule II - Valuation and Qualifying Accounts

12 Months Ended

Dec. 31, 2022

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

Schedule II - Valuation and Qualifying Accounts

Schedule II — Valuation and Qualifying Accounts

(In millions)	2022		2021		2020
Allowance for credit losses on accounts receivable
Balance at beginning of year	$	24	$	36	$	29
Provision (reversal) for credit losses	2		(1)		25
Deductions from reserves*	(2)		(11)		(18)
Balance at end of year	$	24	$	24	$	36
Allowance for credit losses on finance receivables
Balance at beginning of year	$	25	$	35	$	25
Provision (reversal) for credit losses	(4)		(9)		7
Charge-offs	—		(3)		—
Recoveries	3		2		3
Balance at end of year	$	24	$	25	$	35
Inventory FIFO reserves
Balance at beginning of year	$	370	$	357	$	309
Charged to costs and expenses	21		40		105
Deductions from reserves*	(41)		(27)		(57)
Balance at end of year	$	350	$	370	$	357

* Deductions primarily include amounts written off on uncollectible accounts (less recoveries), inventory disposals, changes to prior year estimates, business dispositions and currency translation adjustments.