Product-Related Liabilities (Tables)

9 Months Ended

Sep. 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 September 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 September 30, 2024, the Company had total insurance receivables of $58 million.

	Three Months Ended September 30,						Nine Months Ended September 30,
	2024			2023			2024			2023
Reserve at beginning of the period	$	73		$	178		$	96		$	145
Change in reserve		6			3			(2	)		46
Cash payments		(3	)		(61	)		(17	)		(71	)
Translation difference		1			(0	)		0			(1	)
Reserve at end of the period	$	77		$	120		$	77		$	120