Accrued Liabilities, Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2022

Commitments and Contingencies Disclosure [Abstract]

Schedule of Components of Accrued Liabilities

The components of Accrued liabilities are as follows (in millions):

	December 31,
	2022		2021
Settlement	$	180	$	—
Payroll and benefits	90		96
Incentive compensation	100		155
Warranty	26		26
Customer rebates	55		51
Leases	37		33
Unremitted cash collections due to banks on factored accounts receivable	130		141
Foreign exchange contracts	19		—
Short-term interest rate swaps	—		15
Freight and duty	19		45
Other	88		77
Accrued liabilities	$	744	$	639

Schedule of Accrued Warranty Obligations

The following table is a summary of the Company’s accrued warranty obligations (in millions):

	Year Ended December 31,
Warranty Reserve	2022		2021		2020
Balance at the beginning of the year	$	26	$	24	$	21
Warranty expense	29		33		30
Warranties fulfilled	(29)		(31)		(27)
Balance at the end of the year	$	26	$	26	$	24

Schedule Commitment Maturity

The Company has a limited number of multi-year purchase commitments, primarily related to semiconductors and cloud-services, which contain minimum purchase requirements and are non-cancellable. Commitments under these contracts are as follows (in millions):

2023	$	369
2024	141
2025	23
2026	24
Thereafter	—
Total	$	557