Other Liabilities and Deferred Revenue (Tables)

3 Months Ended

Mar. 31, 2020

Schedule of Accrued Liabilities and Deferred Revenue [Table Text Block]

Other liabilities and deferred revenue were as follows (in millions):



	December 31, 2019		March 31, 2020
Current
Dealer and dealers’ customer allowances and claims	$	13,113	$	13,257
Deferred revenue	2,091		2,111
Employee benefit plans	1,857		1,612
Accrued interest	1,128		819
OPEB (a)	332		326
Pension (a)	185		183
Operating lease liabilities	367		361
Other	3,914		4,005
Total current other liabilities and deferred revenue	$	22,987	$	22,674
Non-current
Pension (a)	$	9,878	$	9,414
OPEB (a)	5,740		5,605
Dealer and dealers’ customer allowances and claims	1,921		2,252
Deferred revenue	4,191		4,140
Operating lease liabilities	1,047		1,006
Employee benefit plans	1,104		1,097
Other	1,443		1,591
Total non-current other liabilities and deferred revenue	$	25,324	$	25,105

__________

(a)

Balances at March 31, 2020 reflect pension and OPEB liabilities at December 31, 2019, updated for service and interest cost, expected return on assets, curtailment and settlement gains and associated interim remeasurement (where applicable), separation expense, actual benefit payments, and cash contributions. For plans without interim remeasurement, the discount rate and rate of expected return assumptions are unchanged from year-end 2019. Included in Other assets are pension assets of $3.2 billion and $3.4 billion at December 31, 2019 and March 31, 2020, respectively.