Warranty Reserve

3 Months Ended

Mar. 31, 2023

Commitments and Contingencies Disclosure [Abstract]

Warranty Reserve

Warranty Reserve

Some of our salvage mechanical products are sold with a standard six month warranty against defects. Additionally, some of our remanufactured engines are sold with a standard three or four year warranty against defects. We also provide a limited lifetime warranty for certain of our aftermarket products.

The changes in the warranty reserve are as follows (in millions):

	Warranty Reserve
Balance as of December 31, 2022	$	32
Warranty expense	19
Warranty claims	(19)
Balance as of March 31, 2023	$	32