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OTHER LIABILITIES
 3 Months Ended
Mar. 31, 2020
Other Liabilities Disclosure [Abstract]  
OTHER LIABILITIES OTHER LIABILITIES
A summary of Other liabilities as of March 31, 2020 and December 31, 2019 is as follows:
March 31, 2020December 31, 2019
(in millions)
Repurchase price on buy-back agreements$1,307  $1,472  
Warranty and campaign programs887  919  
Marketing and sales incentive programs1,156  1,279  
Tax payables422  696  
Accrued expenses and deferred income670  639  
Accrued employee benefits486  562  
Lease liabilities416  449  
Legal reserves and other provisions319  299  
Contract reserve301  319  
Contract liabilities(1)
1,154  1,236  
Restructuring reserve80  103  
Other856  866  
Total$8,054  $8,839  
(1)Contract liabilities include $602 million and $657 million at March 31, 2020 and December 31, 2019, respectively, for future rents related to buy-back agreements.
Warranty and Campaign Programs
CNH Industrial pays for basic warranty and other service action costs. A summary of recorded activity for the three months ended March 31, 2020 and 2019 for the basic warranty and accruals for campaign programs are as follows:
Three Months Ended March 31,
20202019
(in millions)
Balance at beginning of period$919  $925  
Current year additions184  184  
Claims paid(169) (180) 
Currency translation adjustment and other(47) (14) 
Balance at March 31, 2020$887  $915  
Restructuring Provision
The Company incurred restructuring expenses of $5 million and $8 million during the three months ended March 31, 2020,