Note 17 - Warranty Obligations

12 Months Ended

Dec. 31, 2020

Notes to Financial Statements

Product Warranty Disclosure [Text Block]

We record a liability for estimated warranty obligations at the dates our products are sold. We record the liability based on our estimate of costs to settle future claims. Adjustments to our estimated costs at time of sale are made as claim experience and other new information becomes available. Obligations for service campaigns and other occurrences are recognized as adjustments to prior estimates when the obligation is probable and can be reasonably estimated.

Changes in warranty liabilities —

	2020			2019			2018
Balance, beginning of period	$	101		$	75		$	76
Amounts accrued for current period sales		35			35			37
Adjustments of prior estimates		1			2			(1	)
Settlements of warranty claims		(42	)		(35	)		(35	)
Acquisitions					24
Currency impact		3						(2	)
Balance, end of period	$	98		$	101		$	75