OTHER LIABILITIES (Tables)

3 Months Ended

Mar. 31, 2023

Other Liabilities Disclosure [Abstract]

Summary of Other Liabilities

A summary of Other liabilities as of March 31, 2023 and December 31, 2022 is as follows:

	March 31, 2023		December 31, 2022
	(in millions)
Warranty and campaign programs	$	551	$	544
Marketing and sales incentive programs	1,688		1,556
Tax payables	514		506
Accrued expenses and deferred income	787		700
Accrued employee benefits	410		535
Lease liabilities	220		228
Legal reserves and other provisions	281		263
Contract reserve	4		16
Contract liabilities	37		33
Restructuring reserve	25		30
Other	422		436
Total	$	4,939	$	4,847

Summary of Basic Warranty and Accruals for Campaign Programs

A summary of recorded activity for the three months ended March 31, 2023 and 2022 for the basic warranty and accruals for campaign programs are as follows:

	Three Months Ended March 31,
	2023		2022
	(in millions)
Balance at beginning of period	$	544	$	526
Current year additions	109		68
Claims paid	(107)		(95)
Currency translation adjustment and other	5		2
Balance at end of period	$	551	$	501