PRODUCT WARRANTY LIABILITY (Tables)

12 Months Ended

Dec. 31, 2022

Product Warranties Disclosures [Abstract]

Summary of activity in the product warranty account

A tabular reconciliation of the product warranty liability, including the deferred revenue related to our extended warranty coverage and accrued product campaigns, was as follows:

	December 31,
In millions	2022		2021		2020
Balance, beginning of year	$	2,425	$	2,307	$	2,389
Provision for base warranties issued	515		503		443
Deferred revenue on extended warranty contracts sold	287		288		248
Provision for product campaigns issued	141		346		90
Payments made during period	(596)		(530)		(589)
Amortization of deferred revenue on extended warranty contracts	(298)		(260)		(227)
Changes in estimates for pre-existing product warranties and campaigns	(128)		(228)		(52)
Acquisitions(1)	147		—		—
Foreign currency translation adjustments and other	(16)		(1)		5
Balance, end of year	$	2,477	$	2,425	$	2,307
(1) See NOTE 2, "ACQUISITIONS," to our Consolidated Financial Statements for additional information.

Deferred Revenue Extended Coverage and Base Warranty Liability, Disclosure

Warranty related deferred revenues and warranty liabilities on our Consolidated Balance Sheets were as follows:

	December 31,
In millions	2022		2021		Balance Sheet Location
Deferred revenue related to extended coverage programs
Current portion	$	290	$	286	Current portion of deferred revenue
Long-term portion	717		700		Deferred revenue
Total	$	1,007	$	986
Product warranty
Current portion	$	726	$	755	Current portion of accrued product warranty
Long-term portion	744		684		Other liabilities
Total	$	1,470	$	1,439
Total warranty accrual	$	2,477	$	2,425