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Product Warranty Liabilities
12 Months Ended
Dec. 31, 2023
Guarantees and Product Warranties [Abstract]  
Product Warranty Liabilities

NOTE 10. PRODUCT WARRANTY LIABILITIES

As of December 31, 2023, the current and non-current product warranty liabilities were $32 million and $27 million, respectively. As of December 31, 2022, the current and non-current product warranty liabilities were $33 million and $24 million, respectively. Product warranty liability activities consisted of the following (dollars in millions):

 

 

 

Year ended
December 31,
2023

 

 

Year ended
December 31,
2022

 

 

Year ended
December 31,
2021

 

Beginning balance

 

$

57

 

 

$

53

 

 

$

66

 

Payments

 

 

(41

)

 

 

(31

)

 

 

(30

)

Increase in liability (warranty issued during period)

 

 

28

 

 

 

17

 

 

 

16

 

Net adjustments to liability

 

 

15

 

 

 

18

 

 

 

1

 

Ending balance

 

$

59

 

 

$

57

 

 

$

53

 

 

The adjustments to the total liability in 2023, 2022 and 2021 were the result of general changes in estimates for various products and specific field action programs as additional claims data and field information became available.