Accounts Payable and Accrued Liabilities

6 Months Ended

Jun. 30, 2014

Accounts Payable and Accrued Liabilities [Abstract]

Accounts Payable and Accrued Liabilities

Note 7: Accounts Payable and Accrued Liabilities

Accounts payable and accrued liabilities consisted of the following (in millions):

	June 30, 2014		December 31, 2013
Trade accounts payable and accruals	$	690	$	1,184
Advances from customers		1,737		1,676
Other accruals		1,079		1,023
Total accounts payable and accrued liabilities	$	3,506	$	3,883

Activity during the six months ended June 30, 2014 associated with the Company's product warranty accruals was as follows (in millions):

Balance December 31, 2013		Net warranty provisions		Charges against accrual			Sale of Reciprocating Compression			Translation and other		Balance June 30, 2014
$	46	$	26	$	(18	)	$	(7	)	$	–	$	47