Other Liabilities and Deferred Revenue (Notes)

9 Months Ended

Sep. 30, 2020

Other Liabilities [Abstract]

OTHER LIABILITIES AND DEFERRED REVENUE

OTHER LIABILITIES AND DEFERRED REVENUE

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

	December 31, 2019		September 30, 2020
Current
Dealer and dealers’ customer allowances and claims	$	13,113	$	10,958
Deferred revenue	2,091		2,137
Employee benefit plans	1,857		1,434
Accrued interest	1,128		1,186
OPEB (a)	332		329
Pension (a)	185		186
Operating lease liabilities	367		331
Other	3,914		3,732
Total current other liabilities and deferred revenue	$	22,987	$	20,293
Non-current
Pension (a)	$	9,878	$	9,718
OPEB (a)	5,740		5,684
Dealer and dealers’ customer allowances and claims	1,921		3,366
Deferred revenue	4,191		4,374
Operating lease liabilities	1,047		955
Employee benefit plans	1,104		1,125
Other	1,443		1,604
Total non-current other liabilities and deferred revenue	$	25,324	$	26,826

__________

(a)Balances at September 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 $4.1 billion at December 31, 2019 and September 30, 2020, respectively.