Note 15 - Warranty Obligations

6 Months Ended

Jun. 30, 2022

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 — 

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2022			2021			2022			2021
Balance, beginning of period	$	100		$	99		$	107		$	98
Amounts accrued for current period sales		10			9			20			19
Adjustments of prior estimates					3			(4	)		2
Settlements of warranty claims		(7	)		(6	)		(20	)		(13	)
Divestitures					(10	)					(10	)
Currency impact		(3	)					(3	)		(1	)
Balance, end of period	$	100		$	95		$	100		$	95