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Other Current Liabilities
12 Months Ended
Dec. 29, 2018
Other Current Liabilities  
Other Current Liabilities

 

Note 7. Other Current Liabilities

 

The other current liabilities of our Manufacturing group are summarized below:

 

(In millions)

 

 

 

 

 

December 29,
2018

 

December 30,
2017

Contract liabilities

 

 

 

 

$

876

$

Customer deposits

 

 

 

 

 

 

1,007

Salaries, wages and employer taxes

 

 

 

 

 

381

 

329

Current portion of warranty and product maintenance liabilities

 

 

 

 

 

177

 

190

Other

 

 

 

 

 

715

 

915

 

 

 

 

 

 

 

 

 

Total

 

 

 

 

$

2,149

$

2,441

 

 

 

 

 

 

 

 

 

 

Upon adoption of ASC 606, we reclassified customer deposits and certain other current liabilities totaling $1,166 million to contract liabilities or contract assets based on the net position of the contract as discussed in Note 12.

 

Changes in our warranty liability are as follows:

 

(In millions)

 

 

 

2018

 

2017

 

2016

Balance at beginning of year

 

 

$

164

$

138

$

143

Provision

 

 

 

72

 

81

 

79

Settlements

 

 

 

(78)

 

(69)

 

(70)

Acquisitions

 

 

 

1

 

35

 

2

Adjustments*

 

 

 

(10)

 

(21)

 

(16)

 

 

 

 

 

 

 

 

 

Balance at end of year

 

 

$

149

$

164

$

138

 

 

 

 

 

 

 

 

 

*  Adjustments include changes to prior year estimates, new issues on prior year sales, business dispositions and currency translation adjustments.