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Product Warranties
6 Months Ended
Jun. 30, 2024
Guarantees and Product Warranties [Abstract]  
Product Warranties
(9)
Product Warranties

The Company provides for the estimated costs to fulfill customer warranty obligations upon the recognition of the related revenue. The Company’s warranty obligations are affected by shipment volume, product failure rates, utilization levels, material usage and supplier warranties on parts delivered to the Company. Should actual product failure rates, utilization levels, material usage, or supplier warranties on parts differ from the Company’s estimates, revisions to the estimated warranty liability would be required. The Company engages in extensive product quality programs and processes, including actively monitoring and evaluating the quality of its component suppliers.

Product warranty activities were as follows:

 

 

Six Months Ended June 30,

 

 

 

2024

 

 

2023

 

Beginning of period

 

$

22

 

 

$

27

 

Provision for product warranties

 

 

13

 

 

 

4

 

Charges to warranty liability

 

 

(12

)

 

 

(8

)

End of period

 

$

23

 

 

$

23

 

As of June 30, 2024, short-term product warranties of $14 and long-term product warranties of $9 were included within other current liabilities and other non-current liabilities, respectively, within the accompanying condensed consolidated balance sheet. As of June 30, 2023, short-term product warranties of $17 and long-term product warranties of $6 were included within other current liabilities and other non-current liabilities, respectively, within the accompanying condensed consolidated balance sheet.