Other Liabilities and Deferred Revenue (Tables)

6 Months Ended

Jun. 30, 2021

Other Liabilities [Abstract]

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

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

	December 31, 2020		June 30, 2021
Current
Dealer and dealers’ customer allowances and claims	$	12,702	$	8,610
Deferred revenue	2,161		2,418
Employee benefit plans	1,752		1,574
Accrued interest	1,215		999
OPEB (a)	339		341
Pension (a)	193		193
Operating lease liabilities	323		340
Other	4,960		4,394
Total current other liabilities and deferred revenue	$	23,645	$	18,869
Non-current
Pension (a)	$	10,738	$	10,258
OPEB (a)	6,236		6,193
Dealer and dealers’ customer allowances and claims	3,072		3,470
Deferred revenue	4,559		4,649
Operating lease liabilities	991		969
Employee benefit plans	1,074		1,075
Other	1,709		1,972
Total non-current other liabilities and deferred revenue	$	28,379	$	28,586

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(a)Balances at June 30, 2021 reflect pension and OPEB liabilities at December 31, 2020, updated for: service and interest cost; expected return on assets; curtailments, settlements, 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 2020. Included in Other assets are pension assets of $4.3 billion and $5.5 billion at December 31, 2020 and June 30, 2021, respectively.