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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Dec. 31, 2023
Accounting Policies [Abstract]  
Schedule of Contract with Customer Liability The following table summarizes the Company’s contract liabilities recorded by line item on the Consolidated Balance Sheets (in millions):
December 31, 2022December 31, 2023
Current portion of lease liabilities and other current liabilities$37 $88 
Other non-current liabilities32 133 
Total contract liabilities$69 $221 
Schedule of Product Warranty Liability
The following table summarizes the Company’s warranty and field service action reserve recorded by line item on the Consolidated Balance Sheets (in millions):

December 31, 2022December 31, 2023
Current portion of lease liabilities and other current liabilities$30 $91 
Other non-current liabilities70 184 
Total warranty reserve$100 $275 
The following table presents the warranty and field service action activity for the year ended December 31, 2023 (in millions):
Year Ended December 31, 2023
Beginning balance$100 
Warranties issued in period233 
Adjustments to pre-existing warranties(22)
Warranty costs incurred(36)
Ending balance$275