Other Liabilities and Deferred Revenue (Tables)

6 Months Ended

Jun. 30, 2020

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

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



	December 31, 2019		June 30, 2020
Current
Dealer and dealers’ customer allowances and claims	$	13,113	$	11,632
Deferred revenue	2,091		2,021
Employee benefit plans	1,857		1,483
Accrued interest	1,128		1,117
OPEB (a)	332		327
Pension (a)	185		184
Operating lease liabilities	367		339
Other	3,914		3,689
Total current other liabilities and deferred revenue	$	22,987	$	20,792
Non-current
Pension (a)	$	9,878	$	9,487
OPEB (a)	5,740		5,661
Dealer and dealers’ customer allowances and claims	1,921		2,464
Deferred revenue	4,191		4,257
Operating lease liabilities	1,047		914
Employee benefit plans	1,104		1,105
Other	1,443		1,503
Total non-current other liabilities and deferred revenue	$	25,324	$	25,391

__________

(a)

Balances at June 30, 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 $3.8 billion at December 31, 2019 and June 30, 2020, respectively.