Product-Related Liabilities (Tables)

6 Months Ended

Jun. 30, 2024

Product Warranties Disclosures [Abstract]

Schedule of Change in Balance Sheet Position of Product-Related Liabilities

The table below summarizes the change in the balance sheet position of the product-related liabilities (dollars in millions). The reserve for product related liabilities is included in accrued expenses and other non-current liabilities on the Condensed Consolidated Balance Sheets. A majority of the Company’s product-related liabilities as of June 30, 2024 are covered by insurance. Insurance receivables are included within other current assets and other non-current assets on the Condensed Consolidated Balance Sheets. As of June 30, 2024, the Company had total insurance receivables of $57 million.

	Three Months Ended June 30,						Six Months Ended June 30,
	2024			2023			2024			2023
Reserve at beginning of the period	$	78		$	141		$	96		$	145
Change in reserve		(1	)		42			(8	)		43
Cash payments		(4	)		(4	)		(14	)		(9	)
Translation difference		(0	)		(0	)		(1	)		(0	)
Reserve at end of the period	$	73		$	178		$	73		$	178