Other Liabilities (Tables)

9 Months Ended

Sep. 30, 2017

Other Liabilities Disclosure [Abstract]

Summary of Other Liabilities

A summary of “Other liabilities” as of September 30, 2017 and December 31, 2016 is as follows:

	September 30, 2017		December 31, 2016
	(in millions)
Advances on buy-back agreements	$	2,904	$	2,429
Warranty and campaign programs		1,059		940
Marketing and sales incentive programs		1,290		1,182
Tax payables		816		714
Accrued expenses and deferred income		595		634
Accrued employee benefits		726		633
Legal reserves and other provisions		369		355
Contract reserve		489		407
Restructuring reserve		80		30
Other		808		681
Total	$	9,136	$	8,005

Summary of Recorded Activity for Basic Warranty and Accruals for Campaign Programs

CNH Industrial pays for basic warranty and other service action costs. A summary of recorded activity for the three and nine months ended September 30, 2017 and 2016 for the basic warranty and accruals for campaign programs are as follows:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2017			2016			2017			2016
	(in millions)						(in millions)
Balance at beginning of period	$	1,027		$	935		$	940		$	908
Current year additions		210			182			584			552
Claims paid		(193	)		(174	)		(509	)		(511	)
Currency translation adjustment and other		15			(4	)		44			(10	)
Balance at September 30	$	1,059		$	939		$	1,059		$	939