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PRODUCT WARRANTY
 3 Months Ended
Mar. 31, 2024
Product Warranties Disclosures [Abstract]  
PRODUCT WARRANTY PRODUCT WARRANTY
The Company provides warranties on some, but not all, of its products. The warranty terms are typically from one to three years. Provisions for estimated expenses related to product warranty are made at the time products are sold. These estimates are established using historical information about the nature, frequency and average cost of warranty claim settlements, as well as product manufacturing and industry developments and recoveries from third parties. Management actively studies trends of warranty claims and takes action to improve product quality and minimize warranty claims. Management believes that the warranty accrual is appropriate; however, actual claims incurred could differ from the original estimates, requiring adjustments to the accrual. The product warranty accrual is allocated to current and non-current liabilities in the Condensed Consolidated Balance Sheets.

The following table summarizes the activity in the product warranty accrual accounts:
(in millions)20242023
Beginning balance, January 1$196 $185 
Provisions for current period sales19 21 
Adjustments of prior estimates(4)(3)
Payments(21)(26)
Other, primarily translation adjustment(4)1 
Ending balance, March 31$186 $178 

The product warranty liability is classified in the Condensed Consolidated Balance Sheets as follows:
March 31,December 31,
(in millions)20242023
Other current liabilities$80 $91 
Other non-current liabilities106 105 
Total product warranty liability$186 $196